11 September 2018 Business

Coillte Announce the Successful Sale of our Share of our Operating Wind farms to Greencoat Renewables

Coillte sells its operating wind farm assets to Greencoat Renewables plc for an Enterprise Value of €281m

  • Equity price achieved of €136.1 million, above Coillte’s original target of €125 million
  • Coillte had invested a total of €25m equity in these four wind farms over past 4 years
  • Capital raised to be recycled back into the business focused on core forestry activities, co-funding of new wind development opportunities and other strategic opportunities
  • Coillte will retain ownership of the land on which the wind farms are located delivering significant long term income for the company

Link to full press release

Related Posts

Monday 28 Nov 2016


Scottish First Minister and Irish Climate Action Minister unveil wind energy sustainability report

Learn More
Picture of minister, coillte chairman and coillte ceo opening smartply

Monday 12 Dec 2016


Minister Michael Creed Opens €59 Million Smartply Manufacturing Facility

Learn More
Coillte National Tree Day Event with school kids

Monday 27 Feb 2017


Coillte at the heart of Applegreen TREE WEEK 2017

Learn More