Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


Greencoat Snares French Wind Portfolio for €30Mn (M&A, Int'l)
Greencoat Renewables, John Laing
Date: 2020-03-25
Dublin-based Irish renewable infrastructure fund Greencoat Renewables Plc is reporting the €30.3 million ($32.7 million) acquisition of a portfolio of three wind farms from UK infrastructure giant John Laing Group Plc.

The assets, which come with 16-year long term fixed rate project finance and have an overall net enterprise value of €95 million, include the 20.0MW Passilly wind farm in the Burgundy region, the 21.6MW Sommette wind farm in the Picardy region and the 10.3MW St Martin wind farm in Saint-Martin-l'Ars. With this acquisition Greencoat's total installed capacity increases to 528.1 MW.

As previously reported Mar.6th John Laing is quitting the standalone solar and wind markets, citing "industry-wide issues" and renewable energy write-downs and falling power prices.

The company, which claims to have invested approximately £850 million ($1.088 billion) in clean energy projects throughout the 2010s, intends to divest its solar and wind portfolio over the next two years. The company will, however, consider global opportunities that include "technologies that enable high penetration of renewables", transportation electrification and other decarbonisation and energy efficiency ventures. (Source: Greencoat Renewables, PR, IP&E, 23 Mar., 2020)Contact: Greencoat Renewables, Paul O'Donnell, Partner, +353 (1) 70 26737 - Dublin, +44 20 7832 9400 - London, www.greencoat-capital.com; John Laing Group plc, +44 (0) 20 7901 3200, enquiries@laing.com, www.laing.com

More Low-Carbon Energy News Greencoat Renewables ,  Wind,  John Laing,  


Greencoat Snares SSE Renewable's Tyrone Wind Farm (M&A, Int'l.)
SSE Renewables,Creencoat,Wind
Date: 2020-02-21
In the UK, SSE Renewables is reporting the £51 million sale of its 8-turbine, 18.8 MW Slieve Divena II wind farm in County Tyrone to Greencoat UK. SSE Renewables will manage the facility on behalf of Greencoat, while SSE Airtricity will take 100 pct of the wind farm's power production.

The wind farm is adjacent to the 30MW Slieve Divena development, which Greencoat acquired in 2017.The sale is expected to close later thin month. (Source: SSE Renewables, RTE Ireland - Ireland Public Broadcasting, 20 feb.,2020) Contact: Greencoat Renewables, Paul O'Donnell, Partner, +353 (1) 70 26737 - Dublin, +44 20 7832 9400 - London, www.greencoat-capital.com; SSE Renewables, Paul Cooley, Director of Renewables, www.sse.com

More Low-Carbon Energy News SSE Renewables,  Greencoat,  Wind,  


Greencoat Acquires Irish Wind Farm for €35.4Mn (Int'l., M&A)
Greencoat Renewables
Date: 2020-02-19
Dublin-based Irish renewable infrastructure fund Greencoat Renewables Plc is reporting the purchase of the 14.1MW, 8-turbie Letteragh Wind Farm in County Clare, Ireland for the purchase price of €35.4 million. The facility came online in Dec., 2019. (Source: Greencoat, EnergyLive, 17 Feb., 2020) Contact: Greencoat Renewables, Paul O'Donnell, Partner, +353 (1) 70 26737 - Dublin Office, +44 20 7832 9400 - London Office, www.greencoat-capital.com

More Low-Carbon Energy News Greencoat Renewables ,  Wind,  


Greencoat Acquiring Glennmont Partners' Laois Wind Farm (M&A)
Greencoat Renewables
Date: 2019-09-13
Irish renewable infrastructure fund Greencoat Renewables Plc reports it has agreed to buy the 10 year old Gortahile wind farm in County Laois, Ireland, from Glennmont Partners. The wind farm generates sufficient power for about 20,000 homes. Details have not been released. The deal is expected to close next week.

UK-based Glennmont Partners also owns Gruig wind farm near Ballymena in Co Antrim. The company recently raised €850 million which it intends investing in renewable energy projects. (Source: Grencoat Renewables, Irish Times, 12 Sept., 2019) Contact: Greencoat Renewables, Paul O'Donnell, Partner, +353 (1) 70 26737 - Dublin, +44 20 7832 9400 - London, www.greencoat-capital.com; Glennmont Partners, www.glennmont.com

More Low-Carbon Energy News Greencoat Renewables,  Wind,  


Greencoat Acquiring 45.2 MW in Irish Wind Farms (Int'l, M&A)
Greencoat Renewables ,Blackrock
Date: 2018-12-10
Irish renewable infrastructure fund Greencoat Renewables Plc reports it will acquire 45.2 MW of wind farms in Ireland from BlackRock Real Assets, a fund managed by BlackRock Inc .for total of €88 million ($100.5 million). The acquisition includes the 36-MW Monaincha and 9.2-MW Garranereagh facilities. Greencoat will finance the purchase with funds from its €380-million revolving credit facility and expects the deal to be completed by the end of this month. (Source: Greencoat, PR, Renewables, 10 Dec., 2018) Contact: Greencoat Renewables, www.greencoat-capital.com

More Low-Carbon Energy News Greencoat Renewables news,  Wind news,  Blackrock news,  


Greencoat Snares €61Mn County Cork Wind Farm (Int'l. M&A Report)
Greencoat Renewables
Date: 2018-10-31
Dublin-listed Greencoat Renewables reports the acquisition a 48.3 MW wind farm in Ballybane, Cork for €61.3 million. The purchase was funded by the company's €250 million credit facility.

With the acquisition, Greencoat's operational wind farm portfolio now stands at 251 MW, according to the company. (Source: Greencoat, Irish Independent, 30 Oct., 2018) Contact: Greencoat Renewables, Paul O'Donnell, Partner, +353 (1) 70 26737 - Dublin, +44 20 7832 9400 - London, www.greencoat-capital.com

More Low-Carbon Energy News Greencoat Renewables,  Wind,  


Greencoat Acquires 9.2MW Knocknalour Wind Farm (Int'l, M&A)
Greencoat Renewables
Date: 2018-09-24
Dublin-listed renewables Greencoat Renewables is reporting the acquisition of the 9.2MW Knocknalour Wind Farm in Co Wexford for €10.9 million. The Knocknalour facility, which incorporates 4 Enercon E70 turbines, was commissioned in September 2013, and has revenues contracted under the renewable energy feed-in tariff scheme.

Ireland's first stock market-listed renewables firm is backed by AIB and the State's Ireland Strategic Investment Fund (ISIF). (Source: Greencoat Renewables, Irish Independent, 22 Sept., 2018) Contact: Contact: Greencoat Renewables, Paul O'Donnell, Partner, +353 (1) 70 26737 - Dblin, +44 20 7832 9400 - London, www.greencoat-capital.com

More Low-Carbon Energy News Greencoat Renewables ,  Wind,  


EDF Off-loading Half of its UK Wind Assets (Ind. Report, Int'l)
EDF Energy Renewables
Date: 2018-05-21
French energy giant giant EDF Energy Renewables reports it is in talks to sell a 49 pct stake in its portfolio of UK wind farms in a deal approaching £600 million. EDF owns 23 onshore wind farms and one offshore wind farm off the north-east coast of England that generate about 550MW of electricity.

Barclays is advising EDF on the sale which would be the largest in a series of EDF transactions intended to expand into other energy sectors. To that end, in November 2017, EDF sold an 80 pct stake in five of its onshore wind farms totaling 100 MW to Greencoat UK Wind. It continues to run the sites and provide maintenance and operational services. (Source: EDF, Financial Times, 20 May, 2018) Contact: EDF Energy Renewables, Matthieu Hue, CEO, www.edf-er.com

More Low-Carbon Energy News EDF Energy Renewables,  Wind,  Renewable Energy,  


Brookfield Renewable,Bord Gais, Greencoat Capital
Date: 2018-04-06
Brookfield Earns €7m on Bord Gáis wind farm sales Brookfield Renewable Partners, the Canadian company that acquired Bord Gáis's wind farms for about €700m in 2014, made a $9m (€7.3m) profit selling 20pc of the assets last year, it has revealed. Brookfield sold 137 megawatts of wind farms in Munster last year to Greencoat Capital for an undisclosed sum. The farms were the Knockacummer facility in Co Cork, which has 100MW of generation capacity, and the 37.6MW Killhills wind farm in Co Tipperary. The assets were spun out by Greencoat Capital as a seed portfolio to Greencoat Renewables, which floated on the Irish Stock Exchange last year. Greencoat is backed by AIB and the Irish Strategic Investment Fund. The two wind farms were part of the Bord Gáis Energy portfolio sold by the State three years ago to meet targets set by the Troika. They were bought as part of a larger portfolio of wind assets and projects in development by Brookfield Renewable Partners in a €700m deal.

Brookfield has a total of 76 wind facilities North America, Europe, Brazil, and Asia. The wind farms have a total of 3,529MW of installed capacity. Its total wind farm and solar farm assets were valued at $8.6bn at the end of 2017, which included property, plant and equipment of almost $6.9bn. (Source: Brookfield Renewable, independent.ie, 3 April, 2018) Brookfield Renewable Greencoat Capital Bord Gais

More Low-Carbon Energy News Brookfield Renewable news,  Bord Gais news,  Wind news,  Greencoat Capital news,  


Brookfield Renewables Confirms 137MW Irish Wind Farms Sale (M&A)
Brookfield Renewables,Greencoat Capital
Date: 2018-04-06
Brookfield Renewable Partners is reporting the sale of 137 MW of wind farms in Munster last year to Dublin-headquartered Greencoat Capital for an undisclosed sum. The wind farm sale included the Knockacummer facility in Co Cork, which has 100MW of generation capacity, and the 37.6MW Killhills wind farm in Co Tipperary. The two wind farms were part of the Bord Gáis Energy portfolio.

Greencoat is backed by AIB and the Irish Strategic Investment Fund. Brookfield Renewables holds 76 wind facilities totaling 3,529MW of installed capacity in North America, Europe, Brazil and Asia. valued at $8.6bn at the end of 2017. (Source: Brookfield Renewable, independent.ie, 3 April, 2018) Contact: Brookfield Renewable Partners, (888) 327-2722, enquiries@brookfieldrenewable.com, https://renewableops.brookfield.com; Greencoat Capital, Bertrand Gautier, Partner, www.greencoat-capital.com

More Low-Carbon Energy News Brookfield Renewables,  Greencoat Capital,  Wind,  


Greencoat Snares 142 MW of Canadian Solar's UK Assets (Int'l, M&A)
Greencoat,Canadian Solar
Date: 2018-02-23
In the UK, Dublin, Ireland-based renewable energy investor Greencoat Capital LLP is reporting its acquisition of 142 MW of UK solar assets from Canadian Solar Inc. Financial details were not disclosed.

The portfolio includes 24 facilities across the UK, most of which are accredited under the Renewables Obligation Certificate (ROC) regime, getting between 1.2 and 1.4 ROCs per MWh, with seven accredited under the feed-in tariff (FiT) regime.

With the acquisition, Greencoat Capital presently manages 470 MW of solar capacity in the UK. (Source: Greencoat Capital,Greencoat Capital, Renewables, 21 Feb., 2018) Contact: Greencoat Renewables, Paul O'Donnell, Partner, www.greencoat-capital.com; Canadian Solar, Dr. Shawn Qu, CEO, www.canadiansolar.com

More Low-Carbon Energy News Canadian Solar,  Greencoat,  Solar,  


Greencoat Renewables Snares 9.2-MW Irish Wind Farm (Int'l, M&A)
Greencoat Renewables
Date: 2018-02-21
Dublin-headquartered Greencoat Renewables Plc reports it has taken possession of the 9.2-MW Lisdowney wind farm in Leinster province, Ireland, which it purchased last July for €22.5 million, subject to an adjustment mechanism.

The wind farm, which went into production in November 2016, incorporates four Enercon GmbH E82 turbines. The wind farm benefits from a contract through 2031 under Ireland's renewable energy feed-in tariff (REFIT) scheme.

Owned by European renewables investment manager Greencoat Capital LLP, Greencoat Renewables had a 173-MW portfolio of wind farms as of December 2017. (Source: Greencoat Capital, 20 Feb., 2018) Contact: Greencoat Capital, Bertrand Gautier, Partner, www.greencoat-capital.comGreencoat Renewables www.greencoat-capital.com

More Low-Carbon Energy News Greencoat Renewables,  Wind,  


Greencoat UK Snares 69.5-MW Scottish Wind Farm (Int'l, M&A)
Invenergy Renewables,Greencoat
Date: 2017-08-25
Greencoat UK Wind plc reports its acquisition of the 69.5-MW Corriegarth wind farm in the Scottish Highlands from Invenergy Renewables LLC for approximately £181 million ($232 million). With the acquisition, Greencoat's net generating capacity stands at 617 MW.

The Corriegarth facility, which has been in production since April, incorporates 23 Enercon E82 turbines. The wind farm's power is sold to a UK utility under a 15-year PPA and receives support of 0.9 Renewables Obligation Certificate (ROC) per MWh of generated electricity. (Source: Invenergy, Greencoat Cap., RenewablesNow, 23 Aug., 2017)Contact: Greencoat UK Wind, +44 20 7832 9400, www.greencoat-ukwind.com; Invenergy, Michael Mulcahey, Business Development Manager, (312) 224-1400, www.invenergyllc.com

More Low-Carbon Energy News Invenergy,  Greencoat,  Wind,  

Showing 1 to 13 of 13.