Greencoat UK Wind

-7.43%

More reviews (1)

Live  

Greencoat UK Wind is a listed renewable infrastructure fund, focused on investing in a portfolio of operational onshore and offshore wind farms in the UK. The company was established in 2012 and is listed on the London Stock Exchange.
Business operations
Greencoat UK Wind acquires and operates wind farms across the UK, with a primary focus on onshore and offshore wind projects. The company’s investments are primarily in large-scale, high-quality projects that have a long operating life and benefit from long-term government-backed revenues.
The company generates revenue from its wind farms through a combination of power purchase agreements and government-backed subsidies. The power purchase agreements provide a fixed price for the electricity generated, while the subsidies provide a guaranteed minimum price for each unit of electricity generated.
Greencoat UK Wind has a strong track record of delivering stable and growing dividends to its shareholders. Its portfolio of wind farms has a high availability rate and benefits from a diversified mix of onshore and offshore projects.
Corporate governance
Greencoat UK Wind is committed to strong corporate governance and adheres to the UK Corporate Governance Code. The company has an independent board of directors, chaired by Tim Ingram, and is overseen by a dedicated audit and risk committee.
The company also has a focus on sustainability and takes into consideration environmental, social, and governance factors in its investment decisions. It has a dedicated sustainability committee and reports on its sustainability performance annually.
Financial performance
Greencoat UK Wind has a strong financial track record, with a history of delivering stable and growing dividends to its shareholders. The company’s portfolio has a high availability rate and benefits from long-term revenue contracts, providing a stable income stream. As of December 2020, the company had a market capitalization of approximately £2.6 billion and a dividend yield of 6.6%.
Risks and challenges
Like any company, Greencoat UK Wind carries a number of risks and faces certain challenges in its business operations. Some of the key risks and challenges for the company include:
- Regulatory and policy changes: Changes in government policies and regulations could impact the company’s revenue and profitability.
- Wind resource variability: Variations in wind speeds can impact the amount of electricity generated by the company’s wind farms, which could affect its financial performance.
- Competition: The company operates in a competitive market and may face challenges in acquiring new projects or securing favorable contracts.
- Financing and interest rate risk: The company may be exposed to interest rate risk and could face challenges in refinancing its debt obligations at favorable rates.
- Operational risks: The company’s wind farms are subject to technical failures and other operational risks that could impact their performance and revenue generation.
Overall, while there are risks and challenges associated with its business, Greencoat UK Wind has a strong track record and a diversified portfolio that helps mitigate these risks.

R3JlZW5jb2 F0IFVLIFdp bmQgaXMgdG hlIFVL4oCZ cyBmaXJzdC BsaXN0ZWQg cmVuZXdhYm xlIGluZnJh c3RydWN0dX JlIGZ1bmQg c29sZWx5IG ZvY3VzZWQg b24gaW52ZX N0aW5nIGlu IG9wZXJhdG luZyBVSyB3 aW5kIGZhcm 1zLiBUaGlz IG1ha2VzIG l0IGEgcGlv bmVlciBpbi B0aGUgZ3Jv d2luZyBtYX JrZXQgb2Yg cmVuZXdhYm xlIGVuZXJn eSBpbnZlc3 RtZW50LiBB ZGRpdGlvbm FsbHksIHRo ZSBjb21wYW 55IGlzIGNv bW1pdHRlZC B0byBwcm92 aWRpbmcgbG 9uZy10ZXJt LCBzdGFibG UgcmV0dXJu cyBmb3IgaX RzIGludmVz dG9ycyB3aG lsZSBhbHNv IGNvbnRyaW J1dGluZyB0 byB0aGUgVU vigJlzIHRy YW5zaXRpb2 4gdG8gYSBs b3ctY2FyYm 9uIGVjb25v bXkuIEdyZW VuY29hdCBV SyBXaW5k4o CZcyBwb3J0 Zm9saW8gY3 VycmVudGx5 IGNvbXByaX NlcyAzNiB3 aW5kIGZhcm 1zLCBtYWtp bmcgaXQgb2 5lIG9mIHRo ZSBsYXJnZX N0IG9wZXJh dG9ycyBpbi B0aGUgc2Vj dG9yLiBUaG UgY29tcGFu eSBhbHNvIG hhcyBhIHN0 cm9uZyB0cm FjayByZWNv cmQgb2YgZG VsaXZlcmlu ZyBjb25zaX N0ZW50IGFu ZCBncm93aW 5nIGRpdmlk ZW5kcyB0by BpdHMgc2hh cmVob2xkZX JzLiBJdHMg Zm9jdXMgb2 4gc3VzdGFp bmFiaWxpdH kgYW5kIGdy ZWVuIGVuZX JneSBzZXRz IGl0IGFwYX J0IGZyb20g dHJhZGl0aW 9uYWwgZW5l cmd5IGNvbX BhbmllcyBh bmQgbWFrZX MgaXQgYSBs ZWFkZXIgaW 4gdGhlIHJl bmV3YWJsZS BlbmVyZ3kg aW5kdXN0cn ku

R3JlZW5jb2 F0IFVLIFdp bmQgaXMgYS ByZW5ld2Fi bGUgZW5lcm d5IGluZnJh c3RydWN0dX JlIGZ1bmQg dGhhdCBpbn Zlc3RzIGlu IG9wZXJhdG luZyBvbnNo b3JlIGFuZC BvZmZzaG9y ZSB3aW5kIG Fzc2V0cyBp biB0aGUgVU suIFRoZWly IGJ1c2luZX NzIG1vZGVs IGludm9sdm VzIGFjcXVp cmluZyBwcm 9qZWN0cyBm cm9tIGRldm Vsb3BlcnMg YW5kIG9wZX JhdGluZyB0 aGVtIGZvci B0aGUgbG9u ZyB0ZXJtLC Bwcm92aWRp bmcgYSBzdG VhZHkgYW5k IHByZWRpY3 RhYmxlIGNh c2ggZmxvdy Bmb3IgdGhl aXIgaW52ZX N0b3JzLiBU aGV5IGdlbm VyYXRlIHJl dmVudWUgdG hyb3VnaCB0 aGUgc2FsZS BvZiBlbGVj dHJpY2l0eS Bwcm9kdWNl ZCBieSB0aG VpciB3aW5k IGFzc2V0cy wgYXMgd2Vs bCBhcyB0aH JvdWdoIGdv dmVybm1lbn QtYmFja2Vk IHN1YnNpZH kgc2NoZW1l cyBzdWNoIG FzIHRoZSBS ZW5ld2FibG UgT2JsaWdh dGlvbiBDZX J0aWZpY2F0 aW9uIChST0 MpIGFuZCBD b250cmFjdH MgZm9yIERp ZmZlcmVuY2 UgKENGRCku IFRoZWlyIG dvYWwgaXMg dG8gcHJvdm lkZSBpbnZl c3RvcnMgd2 l0aCBhIHN0 YWJsZSBhbm QgZ3Jvd2lu ZyBkaXZpZG VuZCB5aWVs ZCwgd2hpbG UgYWxzbyBj b250cmlidX RpbmcgdG8g dGhlIFVL4o CZcyB0cmFu c2l0aW9uIH Rvd2FyZHMg YSBsb3ctY2 FyYm9uIGVj b25vbXku

CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDxp bWcgc3JjPS Jhc3NldHMv bG9nb3MvbW dNWE9sa3FN ZG05a0Z1Uz hZekQud2Vi cCIgYWx0PS JHcmVlbmNv YXQgVUsgV2 luZCIgdGl0 bGU9IkdyZW VuY29hdCBV SyBXaW5kIi AgY2xhc3M9 ImltZy1mbH VpZCIgaGVp Z2h0PTkwIH dpZHRoPTkw IGxvYWRpbm c9J2xhenkn IHN0eWxlPS dib3JkZXIt cmFkaXVzOi A2cHg7Jz4K CiAgICAgIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nZmxleD ogMTsgdGV4 dC1hbGlnbj ogY2VudGVy OyBtYXJnaW 4tbGVmdDog NXB4Oyc+Ci AgICAgICAg ICAgICAgIC AgICAgICAg IDxwIHN0eW xlPSdmb250 LXNpemU6ID I2cHg7IGNv bG9yOiAjMz MzOyBtYXJn aW4tYm90dG 9tOiAxNXB4 Oyc+CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICDwn5OIIF dhbnQgdG8g cmVhZCBtb3 JlIGFib3V0 IEdyZWVuY2 9hdCBVSyBX aW5kPwogIC AgICAgICAg ICAgICAgIC AgICAgICA8 L3A+CgogIC AgICAgICAg ICAgICAgIC AgICAgICA8 YSBocmVmPS dpbmRleC5w aHA/cGFnZT 1zaWdudXAn IHN0eWxlPS cKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG JhY2tncm91 bmQtY29sb3 I6ICMwMDdC RkY7CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBjb2xvcj ogI2ZmZjsK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIHBh ZGRpbmc6ID EwcHggMjBw eDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IGJvcmRlci 1yYWRpdXM6 IDVweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIHRleH QtZGVjb3Jh dGlvbjogbm 9uZTsKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIGZvbnQt d2VpZ2h0Oi Bib2xkOwog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgbWFy Z2luLXJpZ2 h0OiAxMHB4 OwogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg dHJhbnNpdG lvbjogYmFj a2dyb3VuZC 1jb2xvciAw LjNzIGVhc2 U7JwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Agb25tb3Vz ZW92ZXI9J3 RoaXMuc3R5 bGUuYmFja2 dyb3VuZENv bG9yPSIjMD A1NmIzIicK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIG9u bW91c2VvdX Q9J3RoaXMu c3R5bGUuYm Fja2dyb3Vu ZENvbG9yPS IjMDA3QkZG Iic+CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBTaWduIH VwIGZvciBm cmVlCiAgIC AgICAgICAg ICAgICAgIC AgICAgIDwv YT4KCiAgIC AgICAgICAg ICAgICAgIC AgICAgIDxz cGFuIHN0eW xlPSdtYXJn aW46IDAgOH B4OyBjb2xv cjogIzU1NT snPm9yPC9z cGFuPgoKIC AgICAgICAg ICAgICAgIC AgICAgICAg PGEgaHJlZj 0naW5kZXgu cGhwP3BhZ2 U9bG9naW4n IHN0eWxlPS cKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG NvbG9yOiAj MDA3QkZGOw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgdG V4dC1kZWNv cmF0aW9uOi B1bmRlcmxp bmU7CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBmb250LX dlaWdodDog NTAwOyc+Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBsb2 cgaW4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPC 9hPgoKCiAg ICAgICAgIC AgICAgICAg ICAgICAgID xwIHN0eWxl PSdtYXJnaW 4tdG9wOiAx NXB4OyBmb2 50LXNpemU6 IDEzcHg7IG ZvbnQtd2Vp Z2h0OiBib2 xkOyBjb2xv cjogI2QzMm YyZjsnPgog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAg4pyF IERvd25sb2 FkIDxpPiJU aGUgQ2hlY2 tsaXN0IFZh bHVlIEludm VzdG9yIOKA lCBBIFNtYX J0ZXIgV2F5 IHRvIFBpY2 sgU3RvY2tz IjwvaT4g4o CUIHRvdGFs bHkgZnJlZS EKICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9wPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPCEtLQ ogICAgICAg ICAgICAgIC AgICAgICAg ICA8ZGl2IH N0eWxlPSdt YXJnaW4tdG 9wOiAxMnB4 OyBmb250LX NpemU6IDEz cHg7IGNvbG 9yOiAjNDQ0 Oyc+CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBTaWduIH VwIG5vdyBh bmQgZ2V0IG 91ciBmcmVl IGVCb29rIA ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgPG I+VGhlIENo ZWNrbGlzdC BWYWx1ZSBJ bnZlc3Rvci DigJQgQSBT bWFydGVyIF dheSB0byBQ aWNrIFN0b2 NrczwvYj4K ICAgICAgIC AgICAgICAg ICAgICAgIC AgPC9kaXY+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgIC0tPgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8IS0tCiAg ICAgICAgIC AgICAgICAg ICAgICAgID xkaXYgc3R5 bGU9J21hcm dpbi10b3A6 IDE2cHg7IG ZvbnQtc2l6 ZTogMTRweD sgY29sb3I6 ICM0NDQ7IG ZvbnQtZmFt aWx5OiAtYX BwbGUtc3lz dGVtLCBCbG lua01hY1N5 c3RlbUZvbn QsIFNlZ29l IFVJLCBSb2 JvdG8sIEhl bHZldGljYS BOZXVlLCBz YW5zLXNlcm lmOyBsaW5l LWhlaWdodD ogMS42Oyc+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBI YXZlIHlvdS BoZWFyZCBh Ym91dCBvdX Igc2hvcnQg PHN0cm9uZy BzdHlsZT0n Zm9udC13ZW lnaHQ6IDYw MDsnPkRhaW x5IFZpZGVv IE5ld3NsZX R0ZXI8L3N0 cm9uZz4/Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICA8YS BocmVmPSdo dHRwczovL3 d3dy5pbnNp Z2h0ZnVsdm FsdWUuY29t L25ld3NsZX R0ZXIucGhw JyB0YXJnZX Q9J19ibGFu aycgc3R5bG U9J2NvbG9y OiAjMDA3Qk ZGOyB0ZXh0 LWRlY29yYX Rpb246IG5v bmU7IGZvbn Qtd2VpZ2h0 OiA1MDA7IG 1hcmdpbi1s ZWZ0OiA2cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBG aW5kIG91dC Btb3JlCiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICA8L2E+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDwvZGl2 PgogICAgIC AgICAgICAg ICAgICAgIC AgICAtLT4K ICAgICAgIC AgICAgICAg ICAgICA8L2 Rpdj4KICAg ICAgICAgIC AgICAgIDwv ZGl2PgogIC AgICAgICAg ICA8L2Rpdj 4KICAgICAg ICAgICAgCi AgICAgICAg CiAgICAgIC AgPHNwYW4g Y2xhc3M9J2 JsdXJyZWQt dGV4dCc+Ci AgICAgICAg ICAgIE1TNG dSM0psWlcg NWpiMkYwSU ZWTCBJRmRw Ym1RZ2FYIE 1nWVNCeVpX NWwgZDJGaW JHVWdaVyA1 bGNtZDVJR2 x1IGRtVnpk RzFsYm4gUW dZMjl0Y0dG dSBlU0JvWl dGa2NYIFZo Y25SbGNtVm sgSUdsdUlF eHZibSBSdm Jpd2dSVzVu IGJHRnVaQz Q4WW4gSStN aTRnVkdobC BJR052YlhC aGJuIGtnZD JGeklHWnYg ZFc1a1pXUW dhVyA0Z01q QXhNaUJoIG JtUWdZbVZq WVcgMWxJSF JvWlNCbSBh WEp6ZENCeV pXIDVsZDJG aWJHVWcgYV c1bWNtRnpk SCBKMVkzUj FjbVVnIFpu VnVaQ0IwYn kgQmlaU0Jz YVhOMCBaV1 FnYjI0Z2RH IGhsSUV4dm JtUnYgYmlC VGRHOWpheS BCRmVHTm9Z VzVuIFpTND hZbkkrTXkg NGdSM0psWl c1aiBiMkYw SUZWTElGIG RwYm1RZ2FH RnogSUdFZ2 NHOXlkRyBa dmJHbHZJRz ltIElETTBJ SEpsYm0gVj NZV0pzWlNC bCBibVZ5Wj NrZ1lYIE56 WlhSekxDQn AgYm1Oc2RX UnBibSBjZ2 IyNXphRzl5 IFpTQmhibV FnYjIgWm1j Mmh2Y21VZy BkMmx1WkNC bVlYIEp0Y3 l3Z1lXTnkg YjNOeklIUm 9aUyBCVmJt bDBaV1FnIF MybHVaMlJ2 YlMgNDhZbk krTkM0ZyBW R2hsSUdOdm JYIEJoYm5u aWdKbHogSU hSdmRHRnNJ RyBkbGJtVn lZWFJwIGJt Y2dZMkZ3WV cgTnBkSGtn YVhNZyBiM1 psY2lBeExE IEV3TUUxWE xDQjMgYUds amFDQnBjeS BCbGJtOTFa MmdnIGRHOG djRzkzWlgg SWdiM1psY2 lBNCBNREFz TURBd0lHIG h2YldWekxq eGkgY2o0MU xpQlVhRyBV Z2JXRnFiM0 pwIGRIa2di MllnUjMgSm xaVzVqYjJG MCBJRlZMSU ZkcGJtIFRp Z0pseklHRn ogYzJWMGN5 QmhjbSBVZ2 JHOWpZWFJs IFpDQnBiaU JUWTIgOTBi R0Z1WkN3Zy BkMmwwYUNC emIyIDFsSU dGc2MyOGcg YVc0Z1JXNW 5iRyBGdVpD QmhibVFnIF YyRnNaWE11 UEcgSnlQal l1SUZSbyBa U0JqYjIxd1 lXIDU1NG9D WmN5QnAgYm 5abGMzUnRa VyA1MGN5Qm hjbVVnIFpt OWpkWE5sWk MgQnZiaUJs YzNSaCBZbX hwYzJobFpD IEJoYm1RZ2 IzQmwgY21G MGFXOXVZVy B3Z2QybHVa Q0JtIFlYSn RjeUJ5WVgg Um9aWElnZE doaCBiaUJr WlhabGJHID l3YldWdWRD QncgY205cV pXTjBjeSB3 Z2NISnZkbW xrIGFXNW5J SE4wWVcgSn NaU0JoYm1R ZyBjSEpsWk dsamRHIEZp YkdVZ2NtVj AgZFhKdWN5 Qm1iMyBJZ2 FXNTJaWE4w IGIzSnpMan hpY2ogNDNM aUJCY3lCdi BaaUF5TURJ eExDIEJIY2 1WbGJtTnYg WVhRZ1ZVc2 dWMiBsdVpD Qm9ZWE1nIF lTQnRZWEpy WlggUWdZMk Z3YVhSaCBi R2w2WVhScG IyIDRnYjJZ Z2IzWmwgY2 lEQ296SXVO UyBCaWFXeH NhVzl1IExq eGljajQ0TG kgQlVhR1Vn WTI5dCBjR0 Z1ZVNCcGN5 IEJqYjIxdG FYUjAgWldR Z2RHOGdjMy BWemRHRnBi bUZpIGJHVW dZVzVrSUgg SmxjM0J2Ym 5OcCBZbXhs SUdsdWRtIF Z6ZEdsdVp5 d2cgYVc1am JIVmthVyA1 bklIQmhjbl JwIFkybHdZ WFJwYm0gY2 dhVzRnWTI5 dCBiWFZ1YV hSNUlHIEps Ym1WbWFYUW cgYzJOb1pX MWxjeSBCcG JpQjBhR1Vn IFlYSmxZWE 1nZDIgaGxj bVVnYVhSei BJSGRwYm1R Z1ptIEZ5Yl hNZ1lYSmwg SUd4dlkyRj BaVyBRdVBH SnlQamt1IE lFZHlaV1Z1 WTIgOWhkQ0 JWU3lCWCBh VzVrSUdsek lHIEVnWTI5 dWMzUnAgZE hWbGJuUWdi MiBZZ2RHaG xJRVpVIFUw VWdNalV3SU UgbHVaR1Y0 TENCMyBhR2 xqYUNCcGJt IE5zZFdSbG N5QjAgYUdV Z01UQXhjMy BRZ2RHOGdN elV3IGRHZ2 diR0Z5WjIg VnpkQ0JqYj IxdyBZVzVw WlhNZ2JHIG x6ZEdWa0lH OXUgSUhSb1 pTQk1iMiA1 a2IyNGdVM1 J2IFkyc2dS WGhqYUcgRn VaMlV1UEdK eSBQakV3TG lCVWFHIFVn WTI5dGNHRn UgZVNCb1lY TWdkMiA5dU lHNTFiV1Z5 IGIzVnpJR0 YzWVggSmtj eUJtYjNJZy BhWFJ6SUhC bGNtIFp2Y2 0xaGJtTmwg SUdGdVpDQn pkWCBOMFlX bHVZV0pwIG JHbDBlU3dn YVcgNWpiSF ZrYVc1biBJ R0psYVc1bk lHIDVoYldW a0lIUm8gWl NCM2FXNXVa WCBJZ2IyWW dkR2hsIElG SmxibVYzWV cgSnNaU0JR YjNkbCBjaU JKYm1aeVlY IE4wY25Wam RIVnkgWlNC SmJuWmxjMy BSdmNpQkJk MkZ5IFpDQm hkQ0IwYUcg VWdNakF5TU NCSiBiblps YzNSdmNpIE J2WmlCMGFH VWcgV1dWaG NpQkJkMiBG eVpITXUKIC AgICAgICA8 L3NwYW4+Ci AgICAgICAg CiAgICAgIC Ag
See Company Q&A