8th Nov 2013 13:18
LONDON (Alliance News) - Greencoat UK Wind PLC Friday said it has acquired a 49% interest in both the Middlemoor and Lindhurst Wind Farms for GBP70.6 million, partly funded by cash and partly by a new debt facility.
The company said that Middlemoor farm in Northumberland has a total installed capacity of 54 megawatts and a forecast net load of 28.6%. The Lindhurst Wind Farm is located in Nottinghamshire and has a total installed capacity of 9 megawatts and a forecast net load factor of 30.4%.
The company said that since listing it has invested GBP134.2 million and added 57.5 megawatts of net capacity.
Greencoat UK wind shares were down 0.8% to 101.983 pence Friday.
By Tom McIvor; [email protected]; @TomMcIvor1
Copyright © 2013 Alliance News Limited. All Rights Reserved.
Related Shares:
Greencoat UK Wind