Greencoat UK Wind PLC

Greencoat UK Wind PLC specializes in renewable energy infrastructure investments, focusing on wind generation assets and onshore and offshore wind farm projects with capacities over 10 megawatts. For offshore wind farms, the fund seeks to invest 40% of Gross Asset Value at acquisition, typically where a utility company retains an equity interest for a lock-up period. The fund maintains total short-term acquisition financing and long-term debt between zero and 40% of Gross Asset Value at any time, with average total debt targeted between 20% and 30% over the longer term. It prefers investments in projects and assets based in the United Kingdom and seeks to acquire 100%, majority, or minority interests in individual wind farms.