Greencoat Uk Wind Share Discussion Threads

[whilstev] 18/9/2020 13:22

I have added about 20% assuming I get the full allocation.

[scrambled] 18/9/2020 11:12

I think the lack of response may be that people are looking at the price offered and the current price. Not too much difference at 133.4p just 2.4p or 1.8%. However, a good company so unless price drops dramatically today or Monday, I shall be topping up my £4k holding

[tux223] 10/9/2020 17:09

Seems like the plan is pay down some debt and then business as before. Not much else to discuss? I'll be topping up.

[pj fozzie] 09/9/2020 21:40

I'm slightly surprised at the total lack of response to the forthcoming share offer. Seems like an OK price to me - I plan to top up, increasing my holding by about 25%. Any views from anyone? Any others planning a top up too? Cheers, PJ

[hedgehog 100] 08/8/2020 16:52

Greencoat's wind farms could potentially benefit from more high tech shaft monitoring, such as developed by Gyrometric Systems, a subsidiary of RMS (Remote Monitored Systems): "GYROMETRIC SYSTEMS - NEXT GENERATION SHAFT MONITORING The world's most advanced system for monitoring drive shafts GyroMetric Systems have designed a revolutionary way of collecting and analysing digital data from rotating shafts to produce the most detailed predictions of potential mechanical failure available. This sets a new standard of protection that can be used on any rotating shaft from a bench tool spindle to a cruise liner propeller shaft. Tried, tested and approved Our systems have now been installed in some of the most demanding applications imaginable such as tugs and wind turbines. Reliability and consistency are proven and it has been tested to the highest standards of International classification. Sophisticated yet simple to use Our user interface will provide as much or as little data as you require, from a simple traffic light alarms beside the equipment, to performance graphs accessed remotely in real time. Use our monitoring service and we will advise you when to repair, replace or programme maintenance, eliminating costly breakdowns." HTTP://gyrometric.systems/

[togglebrush] 30/7/2020 07:36

Synopsis of Interim Highlights -- Generated 1,494GWh of electricity. -- Net cash generation was GBP71.0 million. -- Acquisition of Slieve Divena I Now portfolio 36 operating wind farm investments -- Agreement to acquire South Kyle, to become operational in 2023. -- Declared total dividends of 3.55 pence

[gateside] 19/5/2020 16:44

Maybe market feels that UKW might be planning a share issue too?

[igoe104] 19/5/2020 16:38

Don't blame you GrowthPotential - I hold a fairly large amount with these and trig. these companies are the future, I can only see them both getting bigger. plus a decent divi, which is as safe as any.

[jombaston] 19/5/2020 16:38

I think you answered your own question there. The price of the TRIG issue would be equivalent to around 127p for UKW

[tcuc3e] 19/5/2020 16:12

Any idea why the 4.5% share price drop today? I see TRIG is down 5% but I assume that's because they are announcing a new share issue.

[growthpotential] 19/5/2020 13:56

Surely a decent long term investment. £1,300 in here and will add if it goes lower via regular investment

[jane deer] 06/5/2020 13:35

With power prices so low in the UK so far during 2020, I am cautious about what the next NAV will be. I sold out my holding yesterday. Otherwise, this seems a well run company in a good position and should pay a reasonable dividend.

[jombaston] 29/4/2020 13:18

I like this company as, despite being pure wind, they have been steady performers since flotation and have good dividend cover. So it looks as if they are well managed. However, my concern is that as new wind projects do not attract subsidies they will become increasing exposed to market power prices which could lead to greater volatility and require a greater risk premium versus more diversified and funds with more revenues from subsidies. If they want to buy older/more heavily subsidised projects won't they have to pay more? Also wondering whether we might get another issue. On the one hand, there is no immediate financial pressure (25% debt and future committed payments some way off). On the other hand it might make sense to take advantage of a reasonable premium.

[igoe104] 27/4/2020 08:20

An other wind warm acquired in Scotland.

[growthpotential] 17/4/2020 13:03

Yeh shame for me too, I'm only adding to this via a regular investment plan so it usually buys me in high

[bothdavis] 16/4/2020 13:36

Great recovery, didn't have any spare funds to buy lower, damn!!

[igoe104] 15/4/2020 17:44

Decent write-up here. https://tinyurl.com/vxtpbwu

[igoe104] 21/3/2020 12:32

Tim Ingram, Chairman, bought 45,895 shares in the company on the 20th March 2020 at a price of 108.40p. The Director now holds 485,575 shares

[igoe104] 20/3/2020 07:29

Everything good in the update, (exceeding.) Portfolio generation to date in 2020 has been strong and is approximately 20% ahead of budget (over 30% of the 2020 generation budget has already been produced) and forward power prices for the remainder of 2020 are relatively stable. The Company's target dividend of 7.1 pence per share is expected to be well covered

[binghall] 19/3/2020 15:14

I don't trust any long-term analysis from these 'so-called' experts, at least if I take my own advice I've got no-one else to blame. Can't see anything but renewable infrastructure being a growing industry in the next decade - prices may drop, but so will business costs as the industry grows. I'm buying additional on the drop. There will be some hits to dividends in the short term but I'm certainly not going to get any better in a savings account.

[tcuc3e] 19/3/2020 14:02

With the massive market sell off this seems like a great time to buy no? Even if we're all cooped up at home watching TV we're going to need the energy provided by Greencoat. And self isolation won't prevent engineers checking on remote wind farms. The price drop for shares like this seem a massive over reaction no? Is there any existential risk to the company I'm missing?

[1rada] 28/2/2020 15:29

hmmm.... too late here?

[igoe104] 20/2/2020 09:44

TIDMUKW RNS Number : 5795D Greencoat UK Wind PLC 20 February 2020 20 February 2020 Acquisition of Slieve Divena II Greencoat UK Wind PLC ("UKW" or "the Company") is pleased to announce that it has agreed to acquire Slieve Divena II wind farm from SSE Renewables for a consideration of GBP51 million. Slieve Divena II is located approximately 10 miles south east of Omagh in County Tyrone, Northern Ireland, and has a capacity of 18.8MW. Slieve Divena II was constructed by SSE Renewables and has been operational since June 2017. The wind farm receives 0.9 ROCs per MWh and has a load factor of 31.3%. Slieve Divena II is adjacent to UKW's Slieve Divena wind farm, which was acquired by the Company in August 2017, and will also be managed by SSE Renewables. As with Slieve Divena, SSE Airtricity (SSE's retail brand in Northern Ireland) will be the offtaker under a long-term power purchase agreement. Tim Ingram, Chairman of UKW, commented: "We are delighted to acquire our eighth wind farm from SSE, which is testament to the longstanding relationship we have developed. Slieve Divena II is a high quality, ROC-accredited asset sitting alongside our Slieve Divena wind farm and is a natural addition to our portfolio of operating UK wind farms, which no w has a net generating capacity of almost 1GW." The acquisition was funded by UKW's acquisition facility plus reinvestment of portfolio cash of GBP24m. Following the acquisition, UKW's total borrowings will amount to GBP627 million (GBP600m under term debt facilities plus GBP27m under the revolving credit facility), equivalent to 25% of Gross Asset Value (gearing limit 40%).