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Announced

Completed

Greencoat UK Wind completed the acquisition of the remaining 50% stake in Braes of Doune wind farm from Federated Hermes for £48.1m.

Financials

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Transaction Value£48m
Consideration TypeCash
Capital Owned50%
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Renewable Energy Equipment

United Kingdom

Domestic

wind farm

Acquisition

Single Bidder

Private

Completed

Majority

wind energy

Private Equity

Friendly

Synopsis

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Greencoat UK Wind completed the acquisition of the remaining 50% stake in Braes of Doune wind farm from Federated Hermes, an asset manager, for £48.1m ($67.7m). "We are delighted to acquire the remaining 50% of Braes of Doune, a high quality, ROC-accredited asset, in which we have been invested since March 2013," Stephen Lilley, Founding Partner Greencoat Capital.

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