Slieve Divena II wind farm joins Greencoat portfolio
Greencoat UK Wind
137.70p
16:40 17/04/24
0.51%
0.70p
Greencoat UK Wind has completed the acquisition of the Slieve Divena II wind farm from SSE Renewables, it announced on Monday, for a consideration of £51m.
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The London-listed firm said Slieve Divena II has a capacity of 18.8MW and load factor of 31.3%, receives 0.9 renewables obligation certificates per MWh, and has been operational since June 2017.
“The acquisition was funded by UKW's acquisition facility plus reinvestment of portfolio cash of £24m,” the Greencoat board said in its statement.
At 1515 BST, shares in Greencoat UK Wind were up 1.71% at 130.6p.