22nd Feb 2023 10:16
Greencoat Renewables PLC - Dublin-based investor in euro-denominated renewable energy infrastructure assets - Completes acquisition of 23% stake in the Butendiek offshore wind farm in Germany from Marguerite Pantheon SCSp. The wind farm consists of 80 Siemens Gamesa 3.6 megawatt turbines, which will give Greencoat a total installed capacity of 1,228MW. Says the acquisition takes its total borrowings to 46% of gross asset value. The acquisition was first announced at the start of January.
Current stock price: EUR1.11 in Dublin, down 0.5%
12-month change: down 3.1%
By Sophie Rose, Alliance News reporter
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