Greencoat UK Wind plc (UKW) Ordinary 1p

Sell:109.00pBuy:109.20p0.50p (0.46%)

FTSE 250:0.21%
Market closed |
Prices delayed by at least 15 minutes
Sell:109.00p
Buy:109.20p
Change:0.50p (0.46%)
Market closed |
Prices delayed by at least 15 minutes
Sell:109.00p
Buy:109.20p
Change:0.50p (0.46%)
Market closed |
Prices delayed by at least 15 minutes

Trust Information

About this company

Greencoat UK Wind PLC is a renewable infrastructure fund, invested in United Kingdom wind farms. The Company's objective is to provide investors with an annual dividend that increases in line with retail price index (RPI) inflation while preserving the capital value of its investment portfolio in the long term on a real basis through reinvestment of excess cash flow. The Company invests in United Kingdom wind farms, predominantly with a capacity of over 10 megawatts (MW). The Company’s portfolio comprises interests in approximately 49 operating wind farms totaling 2,007MW capacity. The Company's portfolio includes Andershaw, Bin Mountain, Braes of Doune, Carcant, Church Hill, Crighshane, Deeping St Nicholas, Douglas West, Drone Hill, Earl’s Hall Farm, Twentyshilling, Slieve Divena 2, Kype Muir Extension, Windy Rig, and various others. The Company's investment manager is Schroders Greencoat LLP.

Objective

To provide investors with an annual dividend that increases in line with RPI inflation while preserving the capital value of its investment portfolio in the long term on a real basis through reinvestment of excess cash flow.

Costs

  • Ongoing charge1.04%
  • Annual management charge -
  • Performance feeNo

Fee structure

A combination of a Cash Fee and an Equity Element. The Cash Fee is based on the lower of market capitalisation and net asset value at the start of the quarter, as follows 0.25 per cent for the portion up to 500 million, 0.225 per cent for the portion over 500 million and up to 1,000 million, 0.2 per cent for the portion over 1,000 million and up to 3,000 million, and 0.175 per cent for the portion over 3,000 million. The Equity Element is calculated quarterly in advance and is as follows 0.05 per cent for the portion up to 500 million, and 0.025 per cent for the portion over 500 million and up to 1,000 million.

Value Assessment

  • Value Assessment review date27 March 2025
  • Value Assessment next review date27 March 2026
  • Is Assessment of Value required under COLL?No
  • Outcome of COLL Assessment of Valuen/a
  • Outcome of PRIN Value Assessment or reviewProduct expected to provide fair value for reasonably foreseeable period
  • Other review related to value and or charges -
  • Further information-
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Key facts

  • Currency
    GBX
  • Benchmark
    No benchmark
  • Shares in issue
    2.25bn
  • Gross gearing
    35.00%
  • EPIC
    UKW
  • ISIN
    GB00B8SC6K54
  • Domicile
    United Kingdom
  • Exchange
    London Stock Exchange (LON)
  • Index
    FTSE All Share Index, Britain-FTSE250-Index

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Overview of the company, currency, shares in issue, EPIC, location, exchange, index, website, Data sourced by LSEG. Objective, Costs, Fee Structure, Key facts including Benchmark, Gross gearing are provided by MorningStar.