March 2023 Factsheet

Greencoat UK Wind PLC (the "Company") is the leading listed

renewable infrastructure fund, invested in UK wind farms.

Key Statistics

as at 31 Mar 2023 (unaudited)

Listing

Index Inclusion

LSE Main Market since Mar 2013

FTSE 250

Investment Manager

Number of shares in issue

Schroders Greencoat LLP

2,318,257,912

Gross Asset Value ("GAV")

Aggregate GroupDebt

£5,636m

£1,780m

Net Asset Value ("NAV")

NAV per share

£3,856m

166.3p

Market capitalisation

Share price

£3,635m

156.8p

Target dividend

Dividend payment dates

8.76p for 2023

May, Aug, Nov, Feb

Operational

and Financial

Highlights

Investment

Objective

Investment

Policy

  • 0.8p decrease in NAV per share from 167.1p to 166.3p driven by lower forward power prices (2023-2026), offset by strongQ1 cash generation
  • £50m commitment to acquire 42MW Dalquandy windfarm in May 2023
  • Aggregate Group Debt of £1,780m (32% of GAV), comprising £900m term debt + £200m drawn RCF + £680m share of Hornsea 1 debt
  • £264m cash + £400m available under RCF (£600m facility)

The Company's aim is to provide investorswith an annual dividendthat increases in line with RPI inflation while preserving the capital value of its investment portfolioin the long term on a real basis through reinvestment of excess cash flow.

The substantial majorityof the investment portfoliowill be operatingUK windfarms. The Company intends to maintain a balanced exposure to power prices. Aggregate Group

Debt will not exceed 40% of GAV at drawdown.

Greencoat UK Wind PLC (LON: UKW)

20 Fenchurch Street

London EC3M 3BY

http://www.greencoat-ukwind.com

Registered in England and Wales with company number 08318092

1

Registered as an investment company under section 833 of the Companies Act 2006

Portfolio

March 2023 Factsheet

The portfolio comprises interests in 45 operating windfarms totaling 1,610MW:

  • Diversified geographical mix across England, Scotland, Wales andNorthernIreland
  • Ownershipstakes from 12.5% to 100%
  • Weighted average net load factor 36.2%
  • Weighted average age 7 years

In addition, the Company has the followingoutstanding commitments:

Dalquhandy

£50m

42MW

Q2 2023

Kype Muir Extension

£7m (net of £44m invested)

34MW

Q2 2023

South Kyle

£320m

235MW

Q3 2023

Total

£377m

311MW

Operating Portfolio (by value)

Investment

Manager

Contact

Details

The Company's Investment Manager is Schroders Greencoat LLP, which is authorised and regulated by the FCA. Schroders Greencoat LLP has a highly experienced investment management team ledby StephenLilley and Laurence Fumagalli.

Stephen Lilley 020 7832 9425 stephen.lilley@schrodersgreencoat.comLaurence Fumagalli 020 7832 9422 laurence.fumagalli@schrodersgreencoat.com

Greencoat UK Wind PLC currently conducts its affairs so that its Ordinary Shares (the "Shares") can be recommended to retail private investors in accordance with the Financial Conduct Authority ("FCA") rules in relation to non-mainstream investment products and intends to continue to do so for the foreseeable future. The Company is a UK plc and has been approved as an investment trust and, accordingly, the Shares are excluded securities for the purposes of the FCA's restrictions (which apply to non-mainstream investment products) as they are shares in an investment trust.

Greencoat UK Wind PLC (LON: UKW)

20 Fenchurch Street

London EC3M 3BY

http://www.greencoat-ukwind.com

Registered in England and Wales with company number 08318092

2

Registered as an investment company under section 833 of the Companies Act 2006

Attachments

Disclaimer

Greencoat UK Wind plc published this content on 28 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2023 11:20:12 UTC.