Greencoat Uk Wind Share Discussion Threads

[topvest] 15/11/2013 21:26

I will take up the open offer entitlement. I don't think there is any real danger of subsidies being withdrawn here or on solar assets. It's the ridiculously expensive ECO scheme that is going to get pegged back a tad in my view as that has the biggest impact on customer bills.

[jonwig] 15/11/2013 07:20

Fundraising as expected:



Open Offer 1:2 at 102.5p with opportunity to apply for excess.

Wind farms haven't quite the attraction they had earlier in the year. I suppose they'll get this away, but I can't see much enthusiasm.

҉

[topvest] 09/11/2013 19:29

Why? All seems pretty positive here.

[metier9] 09/11/2013 09:31

Didn't manage to read the RNS yesterday. That news surely was not welcomed.

[ronan7] 08/11/2013 13:07

one on my watch list

jez may issue half the value of co. in shares to clear debt...what price 90p?

[metier9] 25/10/2013 11:56

I don't if it still has the covenant about closing the fund and selling the assets when the price is 20% below the NAV. At least we have a stop loss as such!

[daveofdevon] 25/10/2013 11:09

Yep...dear oh dear I am starting to lose the plot

[jonwig] 25/10/2013 10:14

Dave - wasn't it 1.5p? (xd 28/08, paid 20/09)

[daveofdevon] 25/10/2013 09:43

Since the peak in August the fall has been just under 5p. During that time the shares went XD for 3p which explains the major part of the drop.

[jonwig] 25/10/2013 07:34

It seems to be general amongst similar funds - maybe some uncertainty about future onshore wind farms - Tories don't like them.

Subsidies for existing farms will continue, but new ones will be hard to find.

[bench2] 24/10/2013 21:48

Any idea why price is slipping back towards 103p?

[hindsight] 14/10/2013 10:48

Hi Jonwig, here the news link

[jonwig] 10/10/2013 13:30

Sorry - I don't understand what you mean by "geared up the VCT". I haven't read anything about that.

[metier9] 10/10/2013 13:28

No idea about solar foresight solar. Is it the same as Greencoat buying already finished and running wind farms (but solar)?

[hindsight] 10/10/2013 13:25

Anyone have any views on the foresight solar float ?
Not too keen on way they have geared up the VCT , good for thier fees but increses investor risk

[stockologist] 07/9/2013 14:51

Thought this might be of interest

Potential 40% improvement in profitability for wind/solar power generators

Could REDT's Vanadium Redox Batteries be the 'holy grail' energy storage technology for

Wind and Solar power generators / Utilities


REDT is a JV investment by AIM-listed Camco Clean Energy (CCE)
CCE has a Market Cap of £7m. Net Cash is £7m. PPE is £16m.
REDT is a 'hidden asset' within CCE.

REDT are working with SSE (Scottish & Southern Energy - a �15 billion company)

And DECC (Department of Energy and Climate Change) are showing interest in Vanadium Flow Tech...

"...vanadium redox flow battery storage system developer REDT. Company co-founder, Sir John Samuel, discussed some performance data from an off-grid pilot for a 30 kWh installation of REDT�s technology at a remote base transceiver station (BTS). The company is in the process of developing a utility-scale stack in preparation for a project with UK utility SSE. REDT is getting ready to ride the wave of an ambitious renewables expansion in Scotland, where remote areas in the highlands and islands are limited by a weak grid. In a design study for DECC the company has shown that flow battery energy storage enables around 30% enhanced wind or solar generation productivity in a typical island site."

[jonwig] 25/8/2013 09:01

Pointers for full year results and after:

• Revenue is actually 4 months, despite accounting period being effectively 27/03 to 30/06.

• Depreciation is 5% for "wind farms", 20% for "wind farm equipment". presumably the physical turbines are classed as farms not equipment? If so, is 5% enough?

• Check on progress at Tappaghan, which had outages.

• Cash generation easily covers dividend, but if depreciation ends up eroding assets or if future purchases are over-funded (ie. more raised than actually used to purchase farms) this could hide over-payments in dividends - we'd be getting back our capital!

All needs a close eye!

[jonwig] 19/8/2013 10:49

The results presentation:

hxxp://www.greencoat-ukwind.com/media/6182/greencoat_uk_wind_interim_presentation_-_19_august_2013.pdf

Seems to have been well-received.

[jonwig] 19/8/2013 07:39

H1 results here:



In view of the risk factors listed in the prospectus, this is the bit I'm looking for:

Good operating performance achieved in the period with asset availability, power generation, income and cash flow all in line with management expectations

Any change in this would reduce the dividend capability and write down asset value.

[ygor706] 14/8/2013 08:32

Maiden numbers will be published next Monday. I'm expecting greater transparency to develop about the pros and cons of this new form of investment from that point on.

[jonwig] 07/8/2013 07:14

OK - I am a subscriber and have just read it within my log-in. (That's why I'm sensitive.)

I'll take your word that it's a free-to-view article.

[cyfran101] 06/8/2013 23:42

Jonwig. I understand your viewpoint but its not a "subscriber only". Some articles are free to view. Feel free to click on link to see.

[jonwig] 06/8/2013 07:01

cyfran - that's a subscriber-only article and you shouldn't really be posting more than the link and a brief snippet.

Would you care to remove it, please?