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NTR plc ANNOUNCES SALE OF US RECYCLING BUSINESS : February 01 2013
Sale of Greenstar, LLC to WM Recycle America, LLC (a Waste Management, Inc. subsidiary) further consolidates portfolio and strengthens financial capability.
NTR plc today announced that it has closed the sale of Greenstar, LLC, its US recycling business, to WM Recycle America, LLC, a subsidiary of Waste Management, Inc. (WM), for a gross consideration of $180 million which, after purchase price reduction for certain costs, third party debt and other deductions, results in an initial net receipt of $129 million. Up to an additional $40 million is payable by 2018, should Greenstar, LLC, satisfy agreed performance criteria.
NTR's US WIND BUSINESS COMPLETES $247 MILLION INVESTMENT : December 03 2012
NTR plc, a leading investor in renewable energy, through its US-based Wind Capital Group, has agreed an investment of $247 million from a group of American financial firms, in the recently commissioned 201-megawatt Post Rock wind farm.
NTR’s Wind Capital Group Celebrates Opening of Post Rock Wind Farm in Kansas : November 16 2012
201 MW Wind Farm To Power Over 70,000 Homes
15 November 2012 - NTR plc, a leading investor in renewable energy, is pleased to announce that its US‑based wind energy business, Wind Capital Group, today dedicated its Post Rock Wind Farm at a ceremony in Ellsworth, Kansas. Chairman Tom Roche and CEO Michael McNicholas of NTR attended the ceremony along with representatives of Wind Capital Group, community leaders and landowners.