Greencoat Capital Seals Second Wind Acquisition in 2021

Image: PixabayImage: Pixabay
Greencoat Capital acquires a stake in a 405MW wind portfolio in Illinois from EDP Renewables.

Official Press Release Greencoat Capital:

Greencoat Capital expands US position with second acquisition in 2021

Greencoat Capital is pleased to announce that funds managed by Greencoat have agreed to acquire a 55% cash equity stake in a 405MW wind portfolio in Illinois from EDP Renewables.

The transaction marks the second investment in the US by funds managed by Greencoat, a leading global renewables investment manager, with over $8 billion of assets under management.  Greencoat’s “secure income” investment model aims to provide investors with predictable, stable income on a long term, buy and hold basis.  In January 2021, Greencoat announced an investment in an 861MW US wind portfolio in joint venture with RWE and Algonquin Power & Utilities Corp. Further US wind and solar investments are expected as Greencoat builds on its leading position in... ... More: Official Press Release Greencoat Capital

Greencoat Capital, USA, acquisition, Illinois, EDP Renewables, MW, wind farm, portfolio, Bright Stalk, Harvest Ridge, onshore, operation

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