Greencoat buys Coillte’s wind farms for €281m

Greencoat Renewables — the power-generating firm whose shares are listed in Dublin and London — has paid up to €281m to buy out most of the stakes held by Coillte in four wind farms, as the firm expands in Ireland by spending some of the proceeds it raised from the market.

Greencoat buys Coillte’s wind farms for €281m

Eamon Quinn

Greencoat Renewables — the power-generating firm whose shares are listed in Dublin and London — has paid up to €281m to buy out most of the stakes held by Coillte in four wind farms, as the firm expands in Ireland by spending some of the proceeds it raised from the market.

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