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TRIG completes sixth wind divestment, Scotland.
- Source :
- IJGlobal; 4/8/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- The Renewables Infrastructure Group (TRIG) has completed its sixth wind farm divestment in Scotland, selling the Forss and Little Raith wind farms for £51 million ($64m). TRIG's strategy is to reduce its revolving credit facility (RCF), and the transaction price represents a 4% premium over the valuation of the facilities. TRIG aims to further reduce its RCF this year and has raised £125 million through the sale of six assets. TRIG is advised by InfraRed Capital Partners and Renewable Energy Systems. [Extracted from the article]
Details
- Language :
- English
- ISSN :
- 20554842
- Database :
- Complementary Index
- Journal :
- IJGlobal
- Publication Type :
- Periodical
- Accession number :
- 176509543