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IN BRIEF: Greencoat Renewables Acquires Wind Farm, Signs New Facility

23rd Oct 2020 17:38

Greencoat Renewables PLC - renewable energy company - Acquires An Cnoc Wind farm in County Tipperary, Ireland. Farm consists of five Enercon E70 turbines and revenues are contracted under the REFIT 2 scheme. Acquisition will be funded by existing credit facility.

Signs new EUR200 million five-year term loan with Commonwealth Bank of Australia, National Australia Bank and NatWest. Will be used to pay down some of the existing revolving credit facility.

Current stock price: EUR1.18

Year-to-date change: down 1.7%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Greencoat Renewables
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