Greencoat Renewables shares up on acquisition of Dromadda More wind farm

Irish renewable infrastructure company Greencoat Renewables watched its shares rise on Tuesday morning, as it completed of the acquisition of Dromadda More wind farm following the formal commissioning of the asset.

The AIM-traded firm said the acquisition took its generation capacity to 194MW and total borrowings to 43% of gross asset value in its short statement.