GREENCOAT UK Wind has announced plans to raise £135 million through a share placing to help it continue building its portfolio.
The fund, which has a 50% stake in the 72-megawatt Braes of Doune wind farm near Stirling, as well as owning the 6MW Carcant site in the Scottish Borders, intends to use the money to pay down “part or all” of its bank facility. It said that the facility had been drawn down to £130m because of the acquisitions the fund had made in recent months.
We publish content from 3rd party sources for educational purposes. We operate as a not-for-profit and do not make any revenue from the website. If you have content published on this site that you feel infringes your copyright please contact: webmaster@scotlandagainstspin.org to have the appropriate credit provided or the offending article removed.
“There is an urgent need to assess the impacts of windfarms on peatlands of all types to ensure that efforts to meet energy targets do not jeopardise the environment.” In Europe, the most important and Read more…
Hopes that communities can have a greater say in major wind farm developments affecting their area have been lifted by a parliamentary committee’s response to a petition on the issue. It asks the Scottish Government Read more…
This is very encouraging news on our Petition . The Committee seem supportive. https://www.parliament.scot/-/media/files/committees/citizen-participation-and-public-petitions-committee/correspondence/2022/pe1864/convtominpfpcw_pe1864.pdf
0 Comments