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Announced

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Greencoat Renewables completed the acquisition of 89.6MW Cordal Wind Farm from Cubico Sustainable Investments.

Synopsis

Greencoat Renewables, the renewable infrastructure company invested in euro-denominated assets, completed the acquisition of the 89.6MW Cordal Wind Farm, which consists of 28 3.2MW GE turbines that reached full commercial operations in May 2018., from Cubico Sustainable Investments. Financial terms were not disclosed. The wind farm's revenues are contracted under the REFIT 2 scheme, providing a long-term guaranteed minimum floor price for the electricity generated until 2032. GE will continue to manage the operations and maintenance contract.

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