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TRIG completes sixth wind divestment, Scotland.

Authors :
Villarroel, Yancy
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