Interim Report 2015:: November 25 2015
Chairman's Letter to Shareholders 2015: July 13 2015
Annual Report & Financial Statements 2015: July 13 2015
NTR plc 2015 Annual Report Shareholder Guide: June 12 2015
€131.8 million paid out to NTR plc Shareholders by way of Redemption
April 15 2016
Dublin, April 15, 2016: NTR plc announces today that its redemption programme which extended over four months was successfully completed today with the payment to shareholders of over €131.8 million for the redemption of 58.6 million shares at a redemption price of €2.25 per share. Dreamport, the investment vehicle of the Roche family, had previously elected not to take part in the redemption programme, with a result that Dreamport now holds 96.1% of the share capital of the newly formed NTR plc. Some 400 additional shareholders retain the remaining 3.9% share capital of the Company.
€57 Million Debt Facility Secured By NTR plc for Quixwood Moor Wind Project
March 23 2016
Dublin, March 23, 2016: NTR announces today that it has successfully secured a £44.9 million (c.€57 million) debt facility with Royal Bank of Scotland (“RBS”), for its 27MW Quixwood Moor wind farm, located in Scotland. This is the second project debt financial close achieved by NTR this month, bringing debt facilities secured this month to a total of £61.7 million (c.€79 million).
€21.5 Million Debt Facility Secured By NTR for Ora More Wind Project
March 06 2016
Dublin, March 7, 2016: NTR plc announces today that NTR has successfully secured the first of a number of project debt facilities for wind projects under its new €250 million wind fund with the financial close of a £16.8 million (€21.5 million), project finance debt facility secured with Ulster Bank Ireland Limited. The senior debt facility will be utilised to finance the construction of the Ora More wind farm, a 15 MW wind farm based in Co. Fermanagh, Northern Ireland. With construction underway and employing approximately 50 people on site at present, Ora More is expected to be operational by the end of the year.
€250 Million Close for NTR Wind Fund
February 29 2016
Dublin, February 29, 2016: NTR plc (“NTR”) today announces the successful and final close of its wind investment fund, NTR Wind 1, with the addition of a further €50 million secured from Strathclyde Pension Fund and €35 million from the Ireland Strategic Investment Fund. Strathclyde Pension Fund and the Ireland Strategic Investment Fund join previously announced investors NTR plc and Legal & General Capital, bringing the equity in the fund to a hard cap total of €250 million.
NTR plc Attracts Legal & General as Anchor Investor in €250m Wind Fund.
December 23 2015
Dublin, December 23, 2015: NTR plc (“NTR”) today announces that Legal & General Capital has committed to funding up to 47.5% of a wind investment fund targeting €250m of equity, which was launched by NTR to invest in onshore wind projects in Ireland and the UK. NTR will also be a significant investor in the fund with a €50m commitment and it is anticipated that a select number of other investors will join the fund in Q1 2016. At 270MW in capacity, the total capital that would be required amounts to approximately €670m and the wind projects in the fund would generate sufficient electricity to power up to 170,000 homes and avoid more than 300,000 tonnes of CO2 emissions per annum across Ireland and the UK.
Share Redemption Process
November 25 2015
Shareholders will be contacted directly or through their nominee account holders over the coming days with details around the share redemption process. Shareholders will have five opportunities to redeem their shares between 2nd December 2015 and 8th April 2016. Details regarding the process and associated taxation matters are provided in the attached document. Shareholders with queries should contact the company registrars, Capita Asset Services at +353 1 5530050. Click "find out more" for further details.
NTR plc Posts Half Year profit of €72.6m. Group to Demerge 25 November 2015.
November 25 2015
Dublin, 25 November, 2015: NTR plc (“NTR”), today reported a profit of €72.6 million for the first half of the 2016 financial year as part of its final results announcement prior to a demerger of the Group, which is to take place today.
NTR plc Poll Results on 2015 EGM Resolutions 2, 3 and 4
September 09 2015
At today’s Extraordinary General Meeting, Resolutions 2, 3 and 4 as detailed in the Circular published on August 17th to all shareholders were put to a poll.
NTR plc Shareholders Vote for Demerger and Share Redemption
September 09 2015
Dublin, 9 September, 2015: Shareholders of NTR plc (“NTR”) today voted overwhelmingly for proposals to demerge the Group’s European wind business from the other parts of the Group and for a share redemption at €2.25 per share. 99.9% of shareholders who voted were in favour of the resolutions.
NTR Issues Circular + Proposes Redemption Price of €2.25
August 17 2015
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.
NTR plc Publishes its Annual Report for FY2015
July 13 2015
July 13, 2015 - Dublin: NTR plc has published its Annual Report and Financial Statements for the financial year ended 31 March 2015. A copy of the report is available at http://www.ntrplc.com/Investor-Relations/Financial-Reporting/
NTR Announces Intention To Demerge Its European Wind Business And Provide Liquidity To Shareholders
July 08 2015
Dublin, 8 July, 2015: NTR plc (the “Group” or the “Company”) announces today its decision to finalise plans for a proposed return of capital and demerger of its European wind business from the other parts of the Group (the “Proposals”).
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.