Greencoat UK draws debt for wind farm buy

Wind power windfarm turbine renewable energy from Adobe 230x150
By Mike Turner
20 Feb 2020

Greencoat UK Wind, the renewable energy infrastructure fund, has agreed to buy an 18.8MW wind farm for £51m, using debt facilities.

Greencoat is buying the Slieve Divena II wind farm in Northern Ireland from SSE Renewables. 

The acquisitive company plans to use an acquisition facility plus £24m of cash. NatWest, RBC Capital Markets and Santander provided the facility as bookrunners.

After the acquisition, Greencoat's total drawn bank debt will come to ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.