Greencoat said the proceeds of the capital raisewill be used to refinance the company’s bank facility.

That facility was drawn on when Greencoat bought 49%stakes in two English wind farms from RWE in a £70.6m deal.

The investment group’s net wind portfolio stands at184MW.

Greencoat UK Wind floated on the London stockexchange in March this year, raising £260m.

Tim Ingram, non-executive chairmanof Greencoat UK Wind, said: "We believe thatthe opportunities lying ahead for UK Wind are very exciting.