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IN BRIEF: Greencoat Renewables To Buy Cordal Wind Farm In Ireland

26th Feb 2021 13:53

Greencoat Renewables PLC - renewable energy company with offices in London and Dublin - Agrees to acquire 89.6 megawatts Cordal wind farm in Country Kerry, Ireland, from Cubico Sustainable Investments, a renewable energy investor. Says the wind farm consists of 28 3.2 megawatts turbines from GE Power, which will continue managing the operations and maintenance contract. Notes the acquisition is being funded by Greencoat's existing revolving credit facility and is expected to close in April.

Current stock price: EUR1.18

Year-to-date change: flat since the end of 2020

By Zoe Wickens; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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