Business Description
Greencoat UK Wind PLC is an investment fund focused on wind energy projects across the United Kingdom, targeting both onshore and offshore wind farms with a generating capacity exceeding 10 megawatts. The fund acquires majority or minority ownership stakes in individual wind farms and limits its total borrowing to between 20 and 40 percent of asset value to maintain financial stability. When investing in offshore projects, the fund typically commits up to 40 percent of asset value at the point of purchase, often where an energy utility retains a share in the project for an initial period.