Greencoat UK Wind raising another £100m

UKW : Greencoat UK Wind raising another £100m

Greencoat UK Wind has announced that is looking to raise £100m from investors by issuing 93,457,944 shares at 107p – a small premium to net asset value at the end of June (105.8p, 102.7p after the last dividend went ex) but a discount to the share price at close last night (22nd September) of 109.5p.

The money will be used to pay down Greencoat’s borrowing facility.


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