1、Greencoat UK Wind PLCAnnual ReportFor the year ended 31 December 2022G R E E N C O ATUK WINDSummary01Chairmans Statement02Investment Managers Report05Strategic Report21Board of Directors33Report of the Directors36Directors Remuneration Report39Statement of Directors Responsibilities43Corporate Gover
2、nance Report44Audit Committee Report50Independent Auditors Report54Financial Statements62Notes to the Financial Statements68Company Information98Supplementary Information99EU SFDR Disclosures100Defined Terms117Alternative Performance Measures120Cautionary Statement121ContentsG R E E N C O ATUK WINDA
3、ll capitalised terms are defined in the list of defined terms on pages 117 to 119 unless separately defined.SummaryGreencoat UK Wind PLC is the leading listed renewable infrastructure fund,invested in UK wind farms.The Companys aim is to provide investors with an annual dividend that increases in li
4、ne with RPI inflation whilepreserving the capital value of its investment portfolio in the long term on a real basis through reinvestment ofexcess cash flow.The Company provides investors with the opportunity to participate directly in the ownership of UK wind farms,so increasing the resources and c
5、apital dedicated to the deployment of renewable energy and the reduction ofgreenhouse gas emissions.HighlightsThe Groups investments generated 4,362GWh of renewable electricity.Net cash generation(Group and wind farm SPVs)was 560.1 million.Acquisition of Twentyshilling and a net 12.5 per cent stake
6、in Hornsea 1 increased the portfolio to 45 operatingwind farm investments and net generating capacity to 1,610MW as at 31 December 2022.The Company declared total dividends of 7.72 pence per share with respect to the year and is targeting adividend of 8.76 pence per share for 2023(increased in line