Greencoat UK Wind PLC specializes in renewables infrastructure investments in energy, wind generation assets and onshore and offshore wind farm projects with a capacity of over 10 megawatt. For offshore wind farms, the fund seeks to invest 40% of the Gross Asset Value at acquisition and where a utility company retains an equity interest for a lock-up period. The fund ensures that the total of short-term acquisition financing and long-term debt is between zero and 40% of Gross Asset Value at any time, with average total debt being between 20% and 30% in the longer term. It prefers to invest in projects and assets based in the United Kingdom. The fund seeks to acquire 100%, majority, or minority interests in individual wind farms.
Metrics to compare | 3GC | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship Relationship3GCPeersSector | |
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P/E Ratio | −15.8x | 7.1x | 9.8x | |
PEG Ratio | 0.05 | 0.02 | 0.03 | |
Price/Book | 0.7x | 1.0x | 1.0x | |
Price / LTM Sales | −201.8x | 6.0x | 2.9x | |
Upside (Analyst Target) | - | 29.9% | 13.8% | |
Fair Value Upside | Unlock | 16.9% | 0.5% | Unlock |