1 November 2017

Greencoat UK Wind plc

Increase in Greencoat UK Wind's net generating capacity to 694MW

Greencoat UK Wind PLC ("UKW") is pleased to announce that it has acquired an 80% stake in five wind farms from EDF Energy Renewables ("EDF ER") for a total consideration of £98 million (including £7 million cash and working capital).

All five wind farms are situated within 25 miles of Peterborough, and in total comprise 47 Senvion 2.05MW MM82 turbines.

The weighted average net load factor of the five wind farm portfolio is 25%.

The portfolio will sell power and ROCs to, and the turbines will be operated and maintained by, the EDF group, which will also provide asset management services.  EDF ER will retain a 20% interest in the portfolio.

Tim Ingram, Chairman of UKW, commented: "Following on from our recent further share issue, we are pleased to acquire assets from a tenth seller, a third major utility partnership, demonstrating UKW's reach across the market in finding value for investors."

The acquisitions were funded by UKW's acquisition facility. Following completion of the acquisitions, UKW's total borrowings will amount to £265 million, equivalent to 19% of Gross Asset Value (gearing limit 40%).

For further information, please contact:

Greencoat UK Wind PLC                        020 7832 9400

Stephen Lilley

Laurence Fumagalli

Tom Rayner

Headland (Media Enquiries)

Rob Walker                                           020 3805 4822

Notes to Editors:

Greencoat UK Wind PLC is the leading listed renewable infrastructure fund, invested in 29 operating UK wind farms with net generating capacity of 694MW (including the acquisition of Deeping St Nicholas, Red House, Glass Moor, Red Tile and Bicker Fen). The Company's aim is to provide investors with an annual dividend that increases in line with RPI inflation (6.49p for 2017) while preserving the capital value of its investment portfolio in the long term on a real basis through reinvestment of excess cash flow and the prudent use of portfolio gearing.

UKW is managed by an experienced team at Greencoat Capital LLP, a leading European renewable investment manager with over £2 billion of assets under management across a number of funds in wind and solar infrastructure and private equity, and is overseen by a strong and experienced independent board.

UKW is incorporated in England and Wales and is a UK Investment Trust.

For more information about UKW, please visit http://www.greencoat-ukwind.com.

For more information about Greencoat Capital LLP, please visit http://www.greencoat-capital.com.