Greencoat UK Wind Company profile
About Greencoat UK Wind PLC
Greencoat UK Wind PLC is a United Kingdom-based closed-ended investment company. The Company's investment objective is to provide investors with an annual dividend that increases in line with retail price index (RPI) inflation while preserving the capital value of its investment portfolio in the long term on a real basis through reinvestment of excess cash flow and the use of gearing. The Company has a diverse portfolio of investments in approximately 40 operating wind farms located in the United Kingdom with an aggregate net capacity of 1,289.8 megawatt (MW). The Company's portfolio consists of interests in special purpose vehicles (SPVs) that hold particular wind farm assets. Greencoat Capital LLP is the investment manager of the Company.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Greencoat UK Wind PLC revenues increased from £155.4M to £423.5M. Net income increased from £104.4M to £363.2M. Revenues reflect FV Adjustments of Financial Investments increase from £9.8M to £155.6M, Dividends received increase of 83% to £226.3M, Interest Income - Investment increase of 91% to £39.8M. Net income benefited from Investment acquisition costs decrease of 59% to £3.3M (expense).
Equity composition
11/2013, Priority Issue, 1 new share for every 2 shares held @ GBp 102.5 (Factor: 1.004831).