Deals of the Year 2023: Strong investor demand puts wind in Greencoat’s sails
Greencoat Renewables, an investor in euro-denominated renewable energy infrastructure assets in Europe, principally wind farms, raised €281.5 million through a significantly over-subscribed share placing in April last year. This was by far the largest capital raise carried out by an Irish plc in 2022 and coming, as it did, shortly after Russia’s invasion of Ukraine it required the deal team to adapt quickly to changing market conditions to successfully close the deal.
This article appeared in the May 2023 edition.