In an interim management statement (IMS), the renewable infrastructure fund said it was “actively evaluating” a number of “interesting opportunities”.
This comes a few months after Greencoat UK Wind said it expected further “substantial growth” for the UK wind sector in the future and after the fund invested in 90MW of additional wind capacity in August.
This brought the net total installed capacity owned by Greencoat UK Wind up to 271.5MW.
Laurence Fumagalli, partner of Greencoat Capital LLP said: “We look forward to continuing to make further value accretive acquisitions.
“The market for utility scale wind assets remains very favourable for independent and experienced buyers such as Greencoat UK Wind.”
Greencoat UK Wind’s IMS stated that operational performance for the period since 1 July 2014 was “in line with management expectations”.
The company’s net asset value (NAV) increased to £360.3 million as at the end of September, 104.8p per share, up from 102.7p per share as at 30 June 2014.
The company paid a dividend of 3.08p per share on 29 August 2014 in for the period from 1 January 2014 to 30 June 2014. The target dividend for 2014 is 6.16p per share.
Tim Ingram, chairman of Greencoat UK Wind PLC said: “Our 18 month track record demonstrates performance in line with expectations and, as the company grows, we aim to deliver further value for existing and future shareholders.”