- Renewable infrastructure fund Greencoat UK Wind said Friday it had raised gross proceeds of £118.8m through a share placing to be used to complete the purchase of an additional stake in Clyde wind farms on 30 May 2018.

'We are pleased to announce another successful and heavily oversubscribed equity capital raise, which is NAV accretive, net of costs. We are grateful for the support from shareholders, which is testament to the company's simple, low risk and proven strategy,' said Tim Ingram, Chairman of Greencoat UK Wind.

At 8:03am: [LON:UKW] Greencoat UK Wind Plc share price was -0.7p at 120.1p

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