Greencoat breezes to £260m IPO finish
Greencoat UK Wind, a British closed-ended infrastructure fund with a focus on wind energy, completed a £260m oversubscribed IPO on Friday, seizing on appetite for UK infrastructure funds.
Bookrunners RBC Capital Markets and Barclays sold 260m shares at 100p each, the top of the 205m-260m size range indicated at the start of bookbuilding.
A heavily UK investor base — making up 95% of the book — was supplemented by anchor orders from the UK government
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.