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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Greencoat Uk Wind Plc | LSE:UKW | London | Ordinary Share | GB00B8SC6K54 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.30 | -0.21% | 141.30 | 140.70 | 140.90 | 142.10 | 140.70 | 142.00 | 4,593,117 | 16:35:06 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Finance Services | 234.38M | 126.19M | 0.0548 | 25.69 | 3.24B |
From Apr 2019 to Apr 2024
By Adria Calatayud
SSE PLC said Tuesday that it has agreed to sell its 25.1% stake in the Walney wind farm, offshore U.K., to Greencoat UK Wind PLC for 350 million pounds ($467.9 million)
The FTSE 100 energy company said the deal is part of a program to sell non-core assets with the intention of generating GBP2 billion by the fall of 2021. Walney--which is operated by 50.1%-owner Oersted AS--falls into that category, SSE said.
SSE said this program will support its GBP7.5 billion five-year capital expenditure plans to invest in core strategic assets as part of its transition to net zero emissions.
Greencoat UK Wind, a London-listed renewable infrastructure fund, separately said Walney is a natural addition to its portfolio of operating U.K. wind farms and increases its net generating capacity to over 1 gigawatt for the first time.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
September 01, 2020 06:41 ET (10:41 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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