{"id":4306,"date":"2018-09-11T18:00:22","date_gmt":"2018-09-11T18:00:22","guid":{"rendered":"https:\/\/www.coillte.ie\/development\/?p=4306"},"modified":"2021-05-19T14:27:23","modified_gmt":"2021-05-19T14:27:23","slug":"coillte-announce-the-successful-sale-of-our-share-of-our-operating-wind-farms-to-greencoat-renewables","status":"publish","type":"post","link":"https:\/\/www.coillte.ie\/development\/coillte-announce-the-successful-sale-of-our-share-of-our-operating-wind-farms-to-greencoat-renewables\/","title":{"rendered":"Coillte Announce the Successful Sale of our Share of our Operating Wind farms to Greencoat Renewables"},"content":{"rendered":"<div id=\"pl-4306\"  class=\"panel-layout\" >\n<div id=\"pg-4306-0\"  class=\"panel-grid panel-no-style\" >\n<div id=\"pgc-4306-0-0\"  class=\"panel-grid-cell\"  data-weight=\"1\" >\n<div id=\"panel-4306-0-0-0\" class=\"so-panel widget widget_media_image panel-first-child\" data-index=\"0\" data-style=\"{&quot;background_image_attachment&quot;:false,&quot;background_display&quot;:&quot;tile&quot;}\" ><\/div>\n<div id=\"panel-4306-0-0-1\" class=\"so-panel widget widget_sow-editor panel-last-child\" data-index=\"1\" data-style=\"{&quot;background_image_attachment&quot;:false,&quot;background_display&quot;:&quot;tile&quot;}\" >\n<div class=\"so-widget-sow-editor so-widget-sow-editor-base\">\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<strong>Coillte sells its operating wind farm assets to Greencoat Renewables plc for an Enterprise Value of \u20ac281m<\/strong><\/p>\n<ul>\n<li><strong>Equity price achieved of \u20ac136.1 million, above Coillte\u2019s original target of \u20ac125 million <\/strong><\/li>\n<li><strong>Coillte had invested a total of \u20ac25m equity in these four wind farms over past 4 years<\/strong><\/li>\n<li><strong>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<\/strong><\/li>\n<li><strong>Coillte will retain ownership of the land on which the wind farms are located delivering significant long term income for the company<\/strong><\/li>\n<\/ul>\n<p>Link to full <a href=\"https:\/\/www.coillte.ie\/development\/media\/2018\/09\/Press-Release-A2_Coillte-sells-its-wind-farm-assets-to-GC-plc-fo-.pdf\" target=\"_blank\" rel=\"noopener\"><strong>press release<\/strong><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coillte sells its operating wind farm assets to Greencoat Renewables plc for an Enterprise Value of \u20ac281m Equity price achieved of \u20ac136.1 million, above Coillte\u2019s original target of \u20ac125 million Coillte had invested a total of \u20ac25m equity in these four wind farms over past 4 years Capital raised to be recycled back into the &#038;hellip<\/p>\n","protected":false},"author":23,"featured_media":4307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"class_list":["post-4306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-business"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - 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