Centrica's Sale of Wind Farm Stake Is Credit Positive
ISSUER COMMENT INFRASTRUCTURE JANUARY 16, 2017 Centrica’s Sale of Wind Farm Stake Is Credit Positive From Credit Outlook On Friday, Centrica plc (Baa1 stable) announced that it had sold its 50% interest in the 270- megawatt Lincs offshore wind farm, its last remaining large-scale renewable generating asset, for £487 million, including debt. The sale is credit positive for Centrica because the sale
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