Greencoat Renewables launches €100m raise

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By Sam Kerr
27 Nov 2020

Greencoat Renewables, the Irish wind farms fund managed by Greencoat Capital, launched a €100m equity capital raise on Thursday to free-up funds for acquisitions.

Davy and RBC Capital Markets are the bookrunners on the deal.

The company intends to sell 88.5m new shares at €1.13 a share, a discount of 4.2% to the closing price of Greencoat Renewables on the Irish Stock Exchange on November 25.

The company intends to use the proceeds to pay ...

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