Greencoat UK Wind PLC (UKW) 2019年年度报告「LSE」.pdf

1、Greencoat UK Wind PLCAnnual ReportFor the year ended 31 December 2019G R E E N C O ATUK WINDSummary1Chairmans Statement2Strategic Report5Investment Managers Report11Board of Directors25Report of the Directors29Directors Remuneration Report32Statement of Directors Responsibilities35Corporate Governan

2、ce Report36Audit Committee Report42Independent Auditors Report46Financial Statements52Notes to the Financial Statements58Company Information83Supplementary Information84Defined Terms85Cautionary Statement88ContentsG R E E N C O ATUK WINDAll capitalised terms are defined in the list of defined terms

3、on pages 85 to 87 unless separately defined.SummaryGreencoat UK Wind PLC is the leading listed renewable infrastructure fund,invested in UK wind farms.TheCompanys aim is to provide investors with an annual dividend that increases in line with RPI inflation whilepreserving the capital value of its in

4、vestment portfolio in the long term on a real basis through reinvestment ofexcess cashflow and the prudent use of gearing.The Company provides investors with the opportunity to participate directly in the ownership of UK wind farms,so increasing the resources and capital dedicated to the deployment

5、of renewable energy and the reduction ofgreenhouse gas emissions.HighlightsThe Groups investments generated 2,385GWh of electricity.Net cash generation(Group and wind farm SPVs)was 127.7 million.Investments in Stronelairg,Dunmaglass and Tom nan Clach increased the portfolio to 35 operating wind farm

6、investments,net generating capacity to 979MW and GAV to 2,442.8 million as at 31 December 2019.Acquisition of Douglas West and agreement to acquire Glen Kyllachy,Windy Rig and Twentyshilling,all subsidyfree wind farm projects which are expected to become operational in 2021.Issuance of further share