NTR plc 2015 Annual Report Shareholder Guide: June 12 2015
NTR plc Acquires 15MW Ora More Wind Project
June 30 2015
Dublin - June 30, 2015: NTR plc (“NTR”), a leading investor and asset manager of renewable energy projects, has announced the acquisition of the 15MW “Ora More” wind project located in County Fermanagh, Northern Ireland. NTR has acquired the pre-construction project from RES, a leading renewable energy developer. The project is expected to enter construction in the autumn, creating over 50 construction jobs over the coming year. Commissioning is targeted for Q4 2016.
NTR posts profit of €35.7 million for year ended 31 March 2015
June 12 2015
Dublin, 12 June, 2015: NTR plc (“NTR”), a leading investor and asset manager of renewable energy projects, today announces its financial results for the year ended 31 March 2015.
The Group has recorded a profit of €35.7 million for the financial year 2015, which is an improvement of €4.4 million (13.9%) on the previous year. Profit from continuing operations was €16.0 million and profit from discontinued operations, which includes Wind Capital Group (WCG), US wind assets classified as “assets held for sale” due to their subsequent sale post year end, was €19.8 million. The profit on sale for this transaction will be recorded in the Financial Year 2016 results.
NTR’s Wind Capital Group Sells Wind Projects For $244m
April 06 2015
Dublin: 6th April, 2015. NTR plc, the renewables investment group, today announced that its US wind company, Wind Capital Group LLC, has agreed to sell its Post Rock and Lost Creek wind projects (350MW of operational wind) to Pattern Energy Group Inc. for a gross consideration of US$244m. Proceeds after repayment of third party debt will be approximately US$195m. The sale is subject to regulatory approval and certain commercial consents.
NTR plc Reports Interim Results for period ended 30 September 2014 - Group Reports First Half Profit
December 04 2014
Group Records First Half Profit of €5.4 million
Dublin, 4 December 2014: NTR plc (“NTR”), a leading investor and asset manager of renewable energy projects, today announced its financial results for the half year ended 30th September 2014. The Group’s US based wind assets performed well during the period and NTR recorded a half-year profit of €5.4 million, representing an increase of €3.5 million on the same period last year. This is the third consecutive profitable reporting period for the Group, reflecting consistent earnings from its US wind assets, coupled with reduced costs.
NTR plc Announces Launch of Sale Process For Wind Capital Group Assets
November 13 2014
Dublin: 13 November 2014. NTR plc, the renewables investment group, today confirmed that following a strategic review, Marathon Capital LLC has been appointed by its US wind company Wind Capital Group LLC to launch a sale process of its wind projects. The two projects, Post Rock and Lost Creek based in Kansas and Missouri respectively, comprise 350MW of operating assets with long-term offtake contracts.
NTR Acquires 14 Wind Projects in Northern Ireland
October 06 2014
Acquisition in line with NTR's plans to install 20MW of single turbine projects.
Dublin: 1st October, 2014: NTR plc, the renewables investment group, today announced the acquisition of fourteen 250KW single turbine projects in Northern Ireland through the acquisition of KN Energy Ltd. The portfolio of projects comprises four operational sites and a further ten development projects, most of which are at advanced stages of development. With the addition of this portfolio to its existing build out programme, NTR expects to construct, commission and operate a minimum of eighteen 250KW projects across the province within the coming twelve months, with more projects under review thereafter. NTR will manage the assets from its Dublin office, outsourcing their maintenance to a strategic partner, based in Omagh, Co.Tyrone.
NTR plc Statement Regarding Shareholder Agreement
September 12 2014
Dublin, September 12, 2014: The Board of NTR plc notes that three of its principal shareholders, Woodford Capital, One51 plc and Pageant Holdings Ltd, who collectively own 71.5% of NTR’s issued share capital, have come to an agreement with regards to their holdings in NTR.
September 12 2014
NTR plc will make a public statement in the afternoon of Friday 12th September, 2014. The Company has asked its supporting brokers to communicate this to any persons proposing to trade in NTR shares, as no trades should be undertaken until the statement has been published.
Extracts of Comments by Chairman of NTR plc & Poll Results from AGM, 4th September, 2014
September 04 2014
Statement from the Board of NTR plc
August 29 2014
NTR plc Publishes its Annual Report for FY2014
August 07 2014
August 7, 2014 - Dublin: NTR plc has published its Annual Report and Financial Statements for the financial year ended 31 March 2014. A copy of the report, together with an investor presentation explaining the financial statements are available at http://www.ntrplc.com/Investor-Relations/Financial-Reporting/
The Company has also issued a notice for the forthcoming Annual General Meeting, to be held at the Conrad Hotel, Earlsfort Terrace, Dublin 2, Ireland on Thursday 4th September 2014 at 10.00am.
Rosheen McGuckian Appointed CEO of NTR plc
April 05 2013
NTR plc, a leading investor in renewable energy, announced today that Rosheen McGuckian has been appointed Chief Executive Officer, replacing Michael McNicholas who, as previously announced, will be leaving to take up the Chief Executive role at Bord Gáis.
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.