Inits first earnings report since going public, published today, Greencoat saysit has made “substantial progress” in readying its next round of acquisitions,to be funded largely via debt. It did not indicate how much it might spend on the latest purchases.
Afterraising £260m ($406.3m) via its IPO, Greencoat immediately bought into a numberof operational UK wind farms, including a 50% stake in SSE’s 72MW Braes ofDoune project in Scotland and a 25% stake in RWE’s Rhyl Flats offshore windfarm.
