Greencoat UK Wind PLC (UKW.L)
Greencoat UK Wind PLC operates in the Asset Management industry of the Financial Services sector, headquartered in London, GL, GB. The stock last traded at $113.90, down 0.09% on the session, giving a market capitalisation of $2.46B. Its beta of 0.36 implies it has historically moved less than the broad market.
Greencoat UK Wind PLC specializes in renewable energy infrastructure, focusing its investments on wind generation assets and both onshore and offshore wind farm projects exceeding 10 megawatts in capacity. For offshore wind farms, the fund targets investing 40% of the Gross Asset Value at acquisition, often when a utility company retains an equity interest for a specified lock-up period. The fund strictly manages its financing, ensuring the total of short-term acquisition funding and long-term debt remains between zero and 40% of its Gross Asset Value at any time, with the long-term average debt typically falling between 20% and 30%. Its preferred investment location for projects and assets is the United Kingdom. The fund seeks to acquire various ownership stakes, including full, majority, or minority interests in individual wind farms.
Greencoat UK Wind PLC is most often compared with the following Financial Services names: