Below you can find our most recent NTR Group Press Releases together with an archive of press releases.
Latest Press Releases
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 Reports Interim Results for Period Ended 30 September 2012
February 08 2013
Portfolio reshaped with exit from waste sector complete;
Strengthened financial capability
Dublin, 8 February, 2013: NTR plc, a leading renewable energy investor, today announces its interim financial results for the period ended 30 September 2012.
During the period, NTR continued to deliver on its strategic and operational plan as announced to shareholders in 2011. With the recently announced sale of its US subsidiary, Greenstar, LLC, NTR completed its exit from the waste sector. The sale, to Waste Management Inc., was for a gross consideration of US$180 million, with up to an additional $40 million payable on an earnout basis.
NTR today confirmed that Michael McNicholas, Chief Executive, will be leaving the company in June.
February 08 2013
Having made substantial progress and almost completed its restructuring plan, NTR is now well positioned to pursue its renewable energy investment strategy. With the conclusion of this phase of the company’s development, Michael McNicholas has decided to leave NTR to take up a new role as Chief Executive of Bord Gáis Éireann.
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.
Statement on behalf of NTR plc
August 29 2012
NTR notes the appointment by the High Court of David Carson of Deloitte as Receiver to Greenstar Ireland.
Greenstar Ireland, its Board, management and shareholders have made every effort to reach an agreement with the Banks to secure the future of the business and its employees.
NTR plc Reports Financial Results for Year Ended 31 March 2012
July 26 2012
Achieves solid operating performance, doubles EBITDA
Invests €107 million across portfolio
Dublin, 26 July 2012: NTR plc, a leading investor in renewable energy and sustainable waste management businesses, today announces its financial results for the year ended 31 March 2012.
NTR Appoints Alan Walsh To Its Board
April 10 2012
Dublin, 10th April 2012: NTR plc, a leading investor in renewable energy and sustainable waste management businesses, today announced the appointment of Alan Walsh as a Non-Executive Director of the Board, which will take effect in June.
NTR Acquires Significant Shareholding in Wind Capital Group and Announces the Sale of Green Plains Renewable Energy Shares
March 02 2012
Dublin, 2nd March 2012: NTR plc, a leading investor in renewable energy and sustainable waste management businesses, today announces that it has increased its shareholding in Wind Capital Group, its US-based wind energy business, from 62% to 97%. In recent months, NTR has also invested further capital in Wind Capital Group as part of the financial close of its 201 megawatt (MW) Post Rock wind energy project and into other key projects in its development pipeline.
NTR’s Green Plains Renewable Energy Reports Fourth Quarter and Full-Year 2011 Financial Results
February 09 2012
Dublin, 9th February 2012: NTR’s investment in the bio-ethanol sector, Green Plains Renewable Energy, Inc. (NASDAQ: GPRE), announced its financial results for the fourth quarter and full-year ended 31 December 2011. Net income attributable to Green Plains for the full year of 2011 was US$38.4 million, or US$1.01 per diluted share, compared to US$48.0 million or US$1.51 per diluted share in 2010. Revenues were US$3.6 billion for the year ended 31 December 2011, compared to US$2.1 billion in 2010.
NTR’s Wind Capital Group Closes $350m Financing Of Its 201 MW Post Rock Wind Energy Project
January 19 2012
Dublin, 19th January 2012: NTR plc, a leading investor in renewable energy and sustainable waste management businesses, today announced that its US-based wind business, Wind Capital Group, has closed the financing of its 201 megawatt (MW) Post Rock Wind Energy Project in central Kansas. A group of international leaders in project finance lending is providing over US$350 million in debt facilities to support the construction and operation of the project.