Below you can find our most recent NTR Group Press Releases together with an archive of press releases.
Latest Press Releases
NTR Sale of 351MW to Pattern Energy Closes
May 18 2015
NTR plc, the renewables investment company, announces that following receipt of all regulatory and commercial consents, the sale of 351MW of wind assets to Pattern Energy Group Inc. was successfully completed.
NTR’s Wind Capital Group Sells Wind Projects For $244m
April 06 2015
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
NTR posts profit of €31.4 million for year ended 31 March 2014
July 11 2014
Dublin, 11 July, 2014: NTR plc ("NTR"), a leading investor and asset manager of renewable energy projects, today announces its financial results for the year ended 31 March 2014.
The Group has recorded a profit of €31.4 million for the financial year 2014, which is an improvement of €47.5 million on the previous year (loss of €16.2 million) and which also marks the first profitable year for the Group in six years (2008). Profit before non-recurring items and foreign exchange impacts was €7.9 million. Non-recurring items amount to €30.0 million and the impact of foreign exchange movements in the year was a loss of €6.5 million.
NTR plc Announces Appointment of Chief Investment Officer
May 14 2014
Dublin (May 14, 2014): NTR plc, the renewable energy investment group, announced today the appointment of Manus O'Donnell as Chief Investment Officer, with specific responsibilities to fulfil NTR's strategy to invest in wind projects in UK and Ireland.
Osage Wind Project Sold by NTR plc to TradeWind Energy for $60m
April 17 2014
Dublin: 17th April, 2014: NTR plc, the renewable investment group, today annouced that its US wind company, Wind Capital Group LLC has successfully completed a transaction with TradeWind Energy Inc for the sale of its 150MW Osage wind farm in Oklahoma, USA.
NTR plc Announces New Additions to its Board
March 31 2014
Dublin: 31st March, 2014: NTR plc, the renewable energy investment group, today announced the appointment of three board directors - Charlotte Valeur, Chris Hunt and Conor Roche. The directors bring a wealth of experience in renewable energy and investment management as part of NTR's current activities to grow its base of wind investments in Europe.
NTR plc and Sunday Newspaper Speculation
March 09 2014
NTR plc notes that there was a Sunday newspaper report published on 9th March 2014 which contained forward-looking speculative comments about the company. NTR plc provides formal updates about its business in its financial statements, at its AGM and other times as appropriate.
NTR plc Reports Interim Results For Period Ended 30 September 2013
December 04 2013
November 01 2013
Marie Joyce Appointed CFO of NTR plc
Dublin, 1st November, 2013: NTR plc, a leading investor in renewable energy, announced today that Marie Joyce has been appointed Chief Financial Officer and main board director of the Group...
October 24 2013
Timetable for implementation of Capital Reduction and Return of Capital by way of Share Redemption
Dublin - 24th October 2013: The Board of NTR plc has resolved to redeem 108,700,000 shares at a price of €0.92 per share...
NTR Share Redemption Tax Treatment
October 18 2013
Dublin 18th October 2013: As advised in a Circular issued to NTR plc shareholders ...
High Court Approves NTR Application
October 10 2013
Dublin, 10th October, 2013: The High Court today approved the application by NTR plc ...
NTR Shareholders Vote In Favour Of Resolutions To Return Capital Of Up To €100m
September 10 2013
NTR plc Reports Financial Results for Year Ended 31 March, 2013
August 15 2013
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 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.