Greencoat UK fund seeks £205m for six wind farms

Greencoat UK Wind has unveiled ambitious plans to raise £205 million to buy wind farms by listing its shares on the London Stock Exchange. The infrastructure fund, managed by Greencoat Capital, aims to buy a total of six wind farms from energy firms SSE and RWE. Earlier today SSE announced it has agreed to sell […]

SSE to spend £390m on Irish power stations

Scottish firm SSE is set to buy power stations in Ireland in a deal worth a total of €488million (£390million). The energy supplier will buy four power stations and other assets from Irish power company, Endesa. The investment is expected to create hundreds of jobs, including construction positions, during its development. However, the deal needs […]

SSE lose out on wind farm buyer

Climate Change Capital have pulled out of a 50% share buy of the Braes of Doune onshore wind farm, owned by Scottish and Southern Energy. Due to financial market conditions, Climate Change Capital has decided to postpone its associated fund raising.Gregor Alexander, Finance Director of SSE, said: “While it is disappointing that the sale of […]