Greencoat UK Wind PLC - London-based renewable infrastructure fund, focused on UK wind farms - Says Bertrand Gautier, partner at Schroders Greencoat LLP, buys 40,124 Greencoat shares at a price of GBP1.46 each on Friday last week, followed by a further 159,867 shares at a price of GBP1.49 each on Tuesday. Total aggregate amount is GBP296,125.
On Wednesday last week, Greencoat said it completed the acquisition of Dalquhandy wind farm from BayWa re. The purchase was first announced in April, with Greencoat expecting to pay around GBP50 million using cash reserves. Dalquhandy is a 42 megawatts wind farm in South Lanarkshire in Scotland and is made up of 10 Vestas V136 turbines of 4.2 megawatts each. It is the sixth wind farm that Greencoat buys from BayWa.
Current stock price: 147.30 pence, closed down 0.3% in London
12-month change: down 2.5%
By Greg Rosenvinge, Alliance News reporter
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