Greencoat have announced their dividend timetable and quarterly dividend at 1.735p per share:
Ex-dividend date: 8 August 2019
Record date: 9 August 2019
Payment date: 23 August 2019
Other financial highlights include:
Net cash generation (Group and wind farm SPVs) was £67.5 million.
Acquisition of 3 further wind farms increased the portfolio to 35 operating wind farm investments, net generating capacity to 979MW and GAV to £2,443.1 million as at 30 June 2019.
Acquisition of the 45MW Douglas West subsidy free wind farm project, expected to become operational in 2021.
Issuance of further shares raising £505.7 million in the period.
The Company declared total dividends of 3.47 pence per share with respect to the period.
£575 million outstanding borrowings as at 30 June 2019, equivalent to 24 per cent of GAV.