Greencoat UK Wind's Stephen Lilley details new Walney acquisition

Greencoat UK Wind PLC's (LON:UKW) Stephen Lilley talks Proactive London through the acquisition of the Walney offshore wind farm. It's located nine miles off the Cumbrian coast and has a capacity of 367Mw. Greencoat's funding the purchase from its £400mln acquisition facility, which will push total borrowing up to £980mln or 35% of gross asset value. Lilley hints at further investments over the next 18 months as they continue to capitalise on a strong pipeline of acquisition opportunities in the UK wind farm market.