Completion of the acquisition is dependent on achieving ready-to-build status Octopus Renewables Infrastructure Trust confirmed on Thursday that is signed a share purchase to acquire 100% of the rights to construct the Cumberhead Wind Farm. The 50MW wind farm, located in South Lanarkshire, Scotland, was acquitted from RDC Partners LLP. Completion of the acquisition, according […]

The post Octopus Renewables to acquire Scottish wind farm appeared first on UK Investor Magazine.

Octopus Renewables has received a €43.2m fully amortising debt facility Octopus Renewables Infrastructure Trust (LON:ORIT) confirmed on Tuesday that it has successfully secured debt finance for its ready-to-build wind farm in Cerisou, France which was acquired in October 2020. The new €43.2m fully amortising debt facility, provided by Societe Generale, will fund the construction, commissioning, […]

The post Octopus Renewables secures financing of Cerisou Wind Farm appeared first on UK Investor Magazine.

Octopus Energy to acquire Octopus Renewables Octopus Energy (LON:OOA) confirmed its intention to acquire Octopus Renewables on Friday in a deal worth up £3bn. The agreement with its sister company means the energy startup will become one of the biggest renewable energy investors in Europe, bringing green energy to 50m homes in the next six […]

The post Octopus Energy makes power move in £3bn deal appeared first on UK Investor Magazine.

Octopus Renewables confirms dividend of 3.18p per share Octopus Renewables Infrastructure Trust (LON:ORIT) confirmed its results on Monday for “the period from incorporation” on 11 October 2019 to 31 December 2020. The company announced that 100% of its net proceeds from IPO are now committed following its IPO on 10 December 2019 which raised £350 […]

The post Octopus Renewables records ‘strong performance’ for inaugural year appeared first on UK Investor Magazine.

Renewable energy Towards the end of 2020 Boris Johnson launched a green plan, vowing to expand the renewable energy sector. This included a pledge to quadruple the capacity of offshore wind power within the next ten years. The UK prime minister also announced his intention to ban the sale of diesel and petrol cars by […]

The post Octopus Renewables Infrastructure Trust: a diversified option as the world looks to renewables appeared first on UK Investor Magazine.

On Friday Octopus Renewables Infrastructure Trust (LON:ORIT) announced that it had signed a Share Purchase Agreement acquire a 100% interest in a portfolio of operational French solar assets. The deal means Octopus Renewables will add 14 solar PV assets to its portfolio, with a combined capacity of 119.5MW. The acquisition cost the company £53.4 million, […]

The post Octopus Renewables continues buy-ups with £53m spend on 14 solar assets appeared first on UK Investor Magazine.

Octopus Renewables Infrastructure Trust (LON:ORIT) announced on Tuesday that it had acquired the Ljungbyholm Wind Farm from OX2 for a consideration of £59 million, including future construction payments. After the completion of the acquisition, Octopus Renewables will own 100% of the the construction-ready wind farm project. The project is located in Kalmar in Southern Sweden, […]

The post Octopus Renewables spends £59m of IPO proceeds on Ljungbyholm Wind Farm appeared first on UK Investor Magazine.