Greencoat UK Wind strikes £320m deal as acquisition spree continues

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Greencoat UK Wind strikes £320m deal as acquisition spree continues

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Offshore Wind Turbine in a Wind farm under construction off the England coast at sunset | nuttawutnuy - stock.adobe.com

Greencoat UK Wind, the highly acquisitive UK investment fund focused on UK wind farms has entered an agreement to acquire a Scottish wind farm for £320m. Greencoat has all the financing it needs already to complete the deal, scheduled to close in the first quarter 2023, but it is looking at further acquisitions and could turn to equity to finance it.

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