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Greencoat Renewables Plc Capital/Financing Update 2018

May 1, 2018

1974_rns_2018-05-01_21865b92-69fe-4463-af1f-3203aa684b21.html

Capital/Financing Update

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National Storage Mechanism | Additional information

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RNS Number : 6610M

Greencoat Renewables PLC

01 May 2018

Completion of Acquisition of Dromadda More Wind Farm

Dublin, London, 1 May 2018: Greencoat Renewables PLC ("GRP") the Irish renewable infrastructure company, is pleased to announce the completion of the acquisition of Dromadda More wind farm following the formal commissioning of the asset. The acquisition takes Greencoat Renewables' generation capacity to 194MW and total borrowings to 43% of Gross Asset Value.

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For further details contact:

Greencoat Capital LLP (Investment Manager)
Bertrand Gautier

Paul O' Donnell
+44 20 7832 9400
Tom Rayner
FTI Consulting (Investor Relations & Media)
Jonathan Neilan +353 1 765 0886
Melanie Farrell [email protected]
Davy Corporate Finance (Broker, NOMAD and ESM Adviser)

Fergal Meegan

Barry Murphy

Ronan Veale
+353 1 679 6363
RBC Capital Markets (Joint Broker)

Matthew Coakes

Jonathan Hardy
+44 20 7653 4000

About Greencoat Renewables PLC

Greencoat Renewables PLC is an investor in euro-denominated renewable energy infrastructure assets, and is focused on the acquisition and management of operating wind farms in Ireland. It is managed by Greencoat Capital LLP, an experienced investment manager in the listed renewable energy infrastructure sector.

This information is provided by RNS

The company news service from the London Stock Exchange

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