Dublin – August 26th 2015: NTR plc (“NTR”), a leading investor and asset manager of renewable energy projects, has announced the acquisition of the 24MW “Quixwood Moor” wind project located in Berwickshire, Scotland. NTR has acquired the pre-construction project from Banks Renewables Limited, a leading renewable energy developer in the UK. The project is expected to enter construction in the autumn, and commissioning is targeted for Q4 2016.
Dublin, 17 August, 2015: NTR plc (“the Group” or “the Company”) today issued a circular to its shareholders proposing the demerger of its European wind business from the other parts of the Group and a share redemption at €2.25 per share (the “Proposals”). A copy of the circular is available at http://www.ntrplc.com/investor-relations/agm
In order to demerge its European wind business and maximise the amount of the proposed redemption, both shareholder and High Court approval will be required.