Investment Trusts

Greencoat UK Wind PLC

UKW:LSE

Greencoat UK Wind PLC

  • Price (GBX)140.10
  • Today's Change0.60 / 0.43%
  • Shares traded3.33m
  • 1 Year change-10.65%
  • Beta0.3054
Data delayed at least 20 minutes, as of Apr 26 2024 18:52 BST.
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Profile data is unavailable for this security.

About the company

Greencoat UK Wind PLC is a renewable infrastructure fund, invested in United Kingdom wind farms. The Company's objective is to provide investors with an annual dividend that increases in line with retail price index (RPI) inflation while preserving the capital value of its investment portfolio in the long term on a real basis through reinvestment of excess cash flow. The Company invests in United Kingdom wind farms, predominantly with a capacity of over 10 megawatts (MW) and maintains a balanced exposure to power prices. The Company’s portfolio comprises interests in approximately 45 operating wind farms totaling 1,610MW capacity. The Company's portfolio includes Andershaw, Bin Mountain, Braes of Doune, Carcant, Church Hill, Crighshane, Deeping St Nicholas, Douglas West, Drone Hill and various others. The Company's investment manager is Schroders Greencoat LLP.

  • Revenue in GBP (TTM)234.38m
  • Net income in GBP126.19m
  • Incorporated2012
  • Employees0.00
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Profile

Management group(s)Schroders Greencoat LLP
AIC sectorRenewable Energy Infrastructure
ISINGB00B8SC6K54
Launch date27 Mar 2013
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To provide investors with an annual dividend that increases in line with RPI inflation while preserving the capital value of its investment portfolio in the long term on a real basis through reinvestment of excess cash flow by investing in UK wind farms predominantly with a capacity of over 10MW.

Managed by

Stephen Lilley, Matt Ridley

Management & contract fees

A combination of a Cash Fee and an Equity Element. NAV up to and including GBP 500m, 0.25%; NAV over GBP 500m and up to and including GBP 1,000m, 0.225%; NAV over GBP 1,000m, 0.2%; over GBP 3,000m, 0.175%, paid in quarterly. The Equity Element: NAV up to and including GBP 500 m, 0.05% ; over GBP 500m up to and including GBP 1,000m, 0.025%.

Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
UKW:LSE since
announced
Transaction
value
Vattenfall Ab - Wind FarmDeal completed01 Sep 202301 Sep 2023Deal completed-1.13%--
Data delayed at least 20 minutes, as of Apr 26 2024 18:52 BST.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Mercantile Investment Trust PLC97.69m75.21m1.74bn0.001.74bn0.00
JPMorgan American Investment Trust PLC329.10m318.32m1.77bn0.001.77bn0.00
Caledonia Investments plc168.00m126.60m1.93bn74.001.93bn74.00
City of London Investment Trust plc140.56m127.17m2.04bn0.002.04bn0.00
Smithson Investment Trust PLC321.92m293.32m2.11bn0.002.11bn0.00
HgCapital Trust plc247.91m230.52m2.20bn0.002.20bn0.00
Petershill Partners PLC432.38m257.10m2.33bn0.002.33bn0.00
Renewables Infrastructure Group Ltd-24.20m5.80m2.45bn0.002.45bn0.00
Monks Investment Trust PLC20.25m-790.00k2.46bn0.002.46bn0.00
HICL Infrastructure PLC73.10m68.20m2.52bn0.002.52bn0.00
Jpmorgan Global Growth & Income PLC338.65m322.78m2.58bn0.002.58bn0.00
RIT Capital Partners plc143.20m66.10m2.85bn62.002.85bn62.00
3i Infrastructure PLC-100.00bn-100.00bn3.01bn0.003.01bn0.00
Greencoat UK Wind PLC234.38m126.19m3.21bn0.003.21bn0.00
Alliance Trust PLC638.61m599.67m3.50bn0.003.50bn0.00
Polar Capital Technology Trust plc536.66m508.93m3.53bn0.003.53bn0.00
Data as of Apr 26 2024. Currency figures normalised to Greencoat UK Wind PLC's reporting currency: UK Pound GBX
Data Provided by LSEG
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