Press Releases
Below you can find our most recently issued NTR Group Press Releases, together with an archive of press releases categorised by business and sector.
Latest Press Releases
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.
NTR plc Interim Results For Period Ended 30th September 2011
Half-year results reflect an increase in revenues and a solid operating performance
November 29 2011
Dublin, 29th November 2011: NTR plc, a leading investor in renewable energy and sustainable waste management businesses, today announces its financial results for the six-month period ended 30th September 2011.
The results reflect a solid performance by the company, with Group revenues increasing to €172.4 million, Group EBITDA doubling to €13.0 million while Group losses decreased by 64%.
NTR’s Green Plains Renewable Energy Reports Third Quarter 2011 Financial Results
Net income of $12.4 million; Revenues of $957.0 million
October 27 2011
Dublin, 27th October 2011: NTR’s investment in the bio-ethanol sector, Green Plains Renewable Energy, Inc. (NASDAQ: GPRE), announced its financial results for the third quarter of 2011. Net income attributable to Green Plains for the quarter ended 30th September 2011 was $12.4 million, or $0.32 per diluted share, compared to $7.4 million, or $0.23 per diluted share, for the same period in 2010. Revenues were $957.0 million for the third quarter of 2011 compared to $496.1 million during the same period in 2010.
NTR plc Announces Sale of 3.5 Million Shares of Green Plains Stock
Sale reflects NTR’s strategy to rebalance its portfolio of renewable energy investments
September 12 2011
Dublin, 12th September 2011: NTR plc, a leading investor in renewable energy and sustainable waste management businesses, today announces that it has agreed to the sale of 3.5 million Green Plains shares back to the company at a price of $8.00 per share. Green Plains will pay 50% of the repurchase amount to NTR this week, with the balance due within 90 days. Prior to this transaction, NTR held approximately 11.2 million shares, or 30.8%, of Green Plains’ outstanding shares.
NTR’s Wind Capital Group Announces GE Turbine Deals
Two new projects increase Wind Capital Group’s US wind power footprint to more than half a gigawatt
August 08 2011
Dublin, 2nd August 2011: NTR plc, the international renewable energy group, today announces that its wind business, Wind Capital Group, has agreed deals for 228 wind turbines and the accompanying operations and maintenance services for projects in Oklahoma and Kansas. These projects will provide more than 350 megawatts of clean renewable energy for the Midwestern United States.
NTR plc Reports Financial Results for Year Ended 31 March 2011
August 02 2011
Revenues from core businesses increase 35% to €329.4 million. Decision taken to write down solar investments
Dublin, 2 August 2011: NTR plc, a leading investor in renewable energy and sustainable waste management businesses, today announces its financial results for the year ended 31 March 2011.
The Group’s revenue increased 35% year on year to €329.4 million, driven by the waste and wind divisions. Group cash resources increased to €112.4 million and total assets, which include investment in wind farm, waste processing and other tangible fixed assets, stand at €996.1 million.
NTR’s Green Plains Renewable Energy Reports Second Quarter 2011 Financial Results
July 28 2011
Net income of US$5.0 million; Ninth consecutive quarter of profitability
Dublin, 28th July 2011: NTR’s investment in the bio-ethanol sector, Green Plains Renewable Energy, Inc. (NASDAQ: GPRE), announced its financial results for the second quarter of 2011. Net income attributable to Green Plains for the quarter ended 30 June 2011 was US$5.0 million, or US$0.14 per diluted share, compared to US$8.7 million, or US$0.27 per diluted share, for the same period in 2010. Revenues were US$861.4 million for the second quarter of 2011 compared to US$453.4 million during the same period in 2010.
NTR’s Wind Capital Group Signs PPA to Provide 150 MW of Electricity from Oklahoma Project
July 21 2011
Dublin, 21st July 2011: NTR plc, the international renewable energy group, today announces that its wind business, Wind Capital Group, has signed a power purchase agreement (PPA) to provide 150 megawatts of electricity from its Osage County Wind Energy Facility in Oklahoma to Missouri-based Associated Electric Cooperative Inc.
Michael McNicholas Appointed CEO of NTR plc
June 07 2011
Dublin, 7th June 2011: NTR plc, the international renewable energy group, is pleased to announce that Michael McNicholas has been appointed Chief Executive Officer of NTR plc. This follows Michael’s appointment as Deputy Chief Executive Officer in February 2011, when he assumed responsibility for all day to day operations. Michael has over 25 years of experience in the Irish and International energy industry and was previously a Managing Director of ESB International, the international investment arm of the Irish energy company.
Wind Capital Group’s Tom Carnahan Named Chairman-Elect of the Board of the American Wind Energy Association
May 24 2011
Dublin, 24th May 2011: NTR plc, the international renewable energy group, today announces that Tom Carnahan, founder and Chairman of the Board of NTR’s wind business, Wind Capital Group, has been elected Chairman-Elect of the Board of the American Wind Energy Association (AWEA), the national trade association of America’s wind industry.