Independent Power and Renewable Electricity Producers
Company Overview of NTR plc
NTR plc operates in the renewable energy sector in the United States, Ireland, and the United Kingdom. It invests in and manages renewable energy projects with focus on wind energy. The company operates two onshore wind farms, including Lost Creek located in Missouri and Post Rock located in Kansas. It is also involved in holding investments in toll road operations and treasury operations. The company was founded in 1978 and is based in Dublin, Ireland.
Burton Hall Drive
Founded in 1978
Key Executives for NTR plc
Chief Executive Officer, Director of Group Corporate Development, Director, Member of Remuneration Committee and Member of Nominations Committee
Chief Financial Officer, Group Commercial Director, Company Secretary and Director
Managing Director of Solar
Head of Sustainable Energy & Sustainable Resource Investments
Compensation as of Fiscal Year 2014.
NTR plc Key Developments
NTR Mulls Acquisitions
Apr 7 15
NTR plc is looking for acquisitions. NTR plc stated that it is interested in buying construction-ready sites that already have planning permission and are approved for connection to the electricity grid.
NTR Mulls To Sell Its Wind Capital Unit
Nov 14 14
NTR plc has formally put its remaining US wind energy assets up for sale, with initial bids expected in the New Year. The sale will cover two projects: The Post Rock and Lost Creek energy projects in Kansas and Missouri, respectively. Together, they comprise 350mW of operating assets, with long-term off-take contracts. After the sale, NTR will have no further asset base in the US market. Rosheen McGuckian, Chief Executive officer of NTR, said the review had indicated that the market for selling US operational wind projects is currently “very favourable” and that the profile and quality of the two wind projects should be attractive to “a wide range of potential purchasers”. “Taking these factors into consideration,” she said, “the board has decided that launching a sale process is an appropriate strategy to optimize the value inherent in these projects.” “The process will formally launch later this month, with a view to seeking initial bids from interested parties in the New Year,” NTR added in a statement.
NTR Hires Advisor For Sale Of Wind Assets
Nov 13 14
NTR plc has appointed Marathon Capital, LLC as an advisor for the sale of its 350 MW of operating wind assets in the North American. NTR intention is to kick off a sale process for the two remaining wind parks later in November 2014, and to seek initial bids in 2015.
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