Greencoat lines up equity sale to pay down £350m acquisition loan
![UK_wind_farm_adobe_575x375.jpg](https://assets.euromoneydigital.com/dims4/default/2beca1a/2147483647/strip/true/crop/575x375+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F0b%2F16%2Fa4b9b4f14817b1921524abe29a71%2Fuk-wind-farm-adobe-575x375.jpg)
Greencoat UK Wind’s £350m ($467m) debt funded acquisition of a stake in two wind farms from SSE has pushed the infrastructure fund close to its leverage cap, with the fund already planning a new round of equity raises to pay down the debt.
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