Greencoat UK Wind hit by low power generation as share buybacks continue Investing The value of Greencoat UK Wind’s underlying assets dipped by 0.4 per cent across the quarter as power generation came in nine per cent below budget. “We suspect that many of the managers’ expectations have been optimistically biased,” said Stifel analyst Iain Scouller. “We think we will see a similar generation undershoot at many of [...]
Greencoat UK Wind shrugs off slow winds with ambitious share buyback scheme Energy Greencoat UK Wind has pushed ahead with an ambitious share buyback programme, even as the trust struggles with low wind speeds and falling electricity prices.
Low wind speeds hit Greencoat UK Wind’s portfolio Investment trust The trust, which invests solely in windfarms, revealed in its annual results that electricity generation in its assets fell 13 per cent throughout the year due to "low wind."