Greencoat UK Wind Plc to acquire Windy Rig and Twentyshilling wind farms

  • Dec 20, 2019 GMT
  • Team Kalkine
  Greencoat UK Wind Plc (LON: UKW) has announced the acquisition of Windy Rig and Twentyshilling wind farms.
  • The company has reported that it will acquire the Windy Rig and Twentyshilling wind farms from Statkraft UK Limited.
  • The combined consideration for the acquisitions has been pegged at £104 million, to be paid on completion of the acquisition.
  • The acquisition is aimed to be completed in second and third quarter of 2021 respectively, and the construction of the wind farms is expected to commence shortly.
  • On 20th December 2019, at the time of writing, GMT 08:07 AM, UKW shares were trading at GBX 149.10, down by 0.30 points or 0.20% against the previous day closing price.

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