Press Releases
Below you can find our most recent Altas Investments Press Releases together with an archive of press releases.
Latest Press Releases
September 17, 2018 – Altas Investments plc to consider possible distribution to shareholders in the coming months
September 17 2018
During the AGM of Altas Investments plc on 17 September 2018, the Group’s Executive Chairman, Vincent Crowley commented that, in light of the receipt of US$6 million in respect of a solar milestone payment post year end, the Group intends to consider the payment of a distribution to shareholders in the coming months. Any distribution, and the amount of any distribution by the Group is conditional on consideration of the legal and accounting requirements governing the payment of distributions, and also consideration of the remaining contingent assets and liabilities in the Group”.
September 17, 2018 – Altas Investments plc AGM Result
September 17 2018
September 17, 2018,Dublin: Shareholders of Altas Investments plc (“the Company”) are informed that all resolutions proposed at the Annual General Meeting of the Company held today, 17 September, 2018, were duly passed by a show of hands.
The full terms of all resolutions were set out in the Notice to Shareholders dated 24 August, 2018”
24 August 2018 - Altas Investments plc publishes its Annual Report for FY2018
August 24 2018
24 August 2018, Dublin: Altas Investments plc has published its annual report and financial statements for the financial year ended 31 March 2018. Profit for the year amounted to €7.9M, €4.8M of which relates to profits from discontinued operations. Shareholders funds attributable to the equity shareholders of the company at 31 March 2018 amounted to €5.2M.
24 August 2018 - Altas Investments plc Notice of AGM
August 24 2018
24 August 2018, Dublin: The AGM for Altas Investments plc is to be held on 17 September 2018.
Click to download a copy of the AGM Notice and Proxy.
October 26, 2017 - Altas Investments plc AGM Result
October 26 2017
October 26 2017,Dublin: Shareholders of Altas Investments plc (“the Company”) are informed that all resolutions proposed at the Annual General Meeting of the Company held today, 26 October, 2017, were duly passed by a show of hands.
The full terms of all resolutions were set out in the Notice to Shareholders dated 28 September, 2017
28 September 2017- Altas Investments plc publishes its Annual Report for FY2017
September 28 2017
28 September 2017, Dublin: Altas Investments plc has published its annual report and financial statements for the financial year ended 31 March 2017. Profit for the year amounted to €11.1M, €9.7 million of which relates to profits from discontinued operations. Shareholders funds attributable to the equity shareholders of the company at 31 March 2017 amounted to €19.7M.
Click to download a copy of the Annual Report.
28 September 2017 - Altas Investments plc Notice of AGM
September 28 2017
28 September 2017, Dublin: The AGM for Altas Investments plc is to be held on 26th October 2017.
Click to download a copy of the AGM Notice and Proxy.
20 September 2017 - Altas Investments announces an interim dividend of 23c per share
September 20 2017
Altas Investments plc announces an interim dividend to shareholders of 23c per share. A copy of the letter to shareholders is available to download here.
26 October 2016 - Altas Investments plc AGM Results
October 26 2016
Shareholders of Altas Investments plc (“the Company”) are informed that all resolutions proposed at the Annual General Meeting of the Company held today, 26th October, 2016 were duly passed by a show of hands.
The full terms of all resolutions were set out in the Notice to Shareholders dated 30th September, 2016.
30 September 2016 - Altas Investments plc Notice of AGM
September 30 2016
The AGM for Altas Investments plc is to be held on 26th October 2016.
Click the following links to download a copy of the 2016 AGM Notice and 2016 AGM Form of Proxy.
30 September 2016 - Altas Investments plc publishes its Annual Report for FY2016
September 30 2016
30 September 2016, Dublin: Altas Investments plc has published its annual report and financial statements for the financial year ended 31 March 2016. Profit for the year amounted to €82.8M, with profit from continuing operations amounting to €11.3M. Shareholders funds attributable to the equity shareholders of the company at 31 March 2016 amounted to €9.3M.
Transactions post year end (sale of group’s interest in Celtic Anglian Water and receipt of solar related milestone payments) have increased shareholder funds by c€9M.
30 September 2016 - Altas Investments announces a small interim dividend
September 30 2016
Altas Investments plc announces a small interim dividend to shareholders. A copy of the letter to shareholders is available to download here.
Sale by the Group of its shareholding in Celtic Anglian Water Limited
June 21 2016
The Group has completed the sale of its 50% shareholding in Celtic Anglian Water Limited to Anglian Water Ireland Limited (its joint venture partner, which is ultimately owned by the Anglian Water Group.
Click to download the shareholder's letter for further details.
NTR Share Redemption Process
November 25 2015
25 November 2015: Shareholders will be contacted directly or through their nominee account holders over the coming days with details around the share redemption process. Shareholders will have five opportunities to redeem their shares between 2nd December 2015 and 8th April 2016. Details regarding the process and associated taxation matters are provided in the attached document. Shareholders with queries should contact the company registrars, Capita Asset Services at +353 1 5530050. Click "find out more" for further details.
NTR plc Posts Half Year profit of €72.6m. Group to Demerge 25 November 2015.
November 25 2015
Dublin, 25 November, 2015: NTR plc (“NTR”), today reported a profit of €72.6 million for the first half of the 2016 financial year as part of its final results announcement prior to a demerger of the Group, which is to take place today.
NTR plc Poll Results on 2015 EGM Resolutions 2, 3 and 4
September 09 2015
At today’s Extraordinary General Meeting, Resolutions 2, 3 and 4 as detailed in the Circular published on August 17th to all shareholders were put to a poll.
NTR plc Shareholders Vote for Demerger and Share Redemption
September 09 2015
Dublin, 9 September, 2015: Shareholders of NTR plc (“NTR”) today voted overwhelmingly for proposals to demerge the Group’s European wind business from the other parts of the Group and for a share redemption at €2.25 per share. 99.9% of shareholders who voted were in favour of the resolutions.
NTR plc Acquires 24MW Quixwood Moor Wind Farm
August 26 2015
Dublin – August 26th 2015: NTR plc (“NTR”), a leading investor and asset manager of renewable energy projects, has announced the acquisition of the 24MW “Quixwood Moor” wind project located in Berwickshire, Scotland. NTR has acquired the pre-construction project from Banks Renewables Limited, a leading renewable energy developer in the UK. The project is expected to enter construction in the autumn, and commissioning is targeted for Q4 2016.
NTR Issues Circular + Proposes Redemption Price of €2.25
August 17 2015
Dublin, 17 August, 2015: NTR plc (“the Group” or “the Company”) today issued a circular to its shareholders proposing the demerger of its European wind business from the other parts of the Group and a share redemption at €2.25 per share (the “Proposals”). A copy of the circular is available at http://www.altasinvestments.ie/investor-relations/agm
In order to demerge its European wind business and maximise the amount of the proposed redemption, both shareholder and High Court approval will be required.
NTR plc Publishes its Annual Report for FY2015
July 13 2015
July 13, 2015 - Dublin: NTR plc has published its Annual Report and Financial Statements for the financial year ended 31 March 2015. A copy of the report is available at http://www.altasinvestments.ie/Investor-Relations/Financial-Reporting/
NTR Announces Intention To Demerge Its European Wind Business And Provide Liquidity To Shareholders
July 08 2015
Dublin, 8 July, 2015: NTR plc (the “Group” or the “Company”) announces today its decision to finalise plans for a proposed return of capital and demerger of its European wind business from the other parts of the Group (the “Proposals”).
NTR plc Acquires 15MW Ora More Wind Project
June 30 2015
Dublin - June 30, 2015: NTR plc (“NTR”), a leading investor and asset manager of renewable energy projects, has announced the acquisition of the 15MW “Ora More” wind project located in County Fermanagh, Northern Ireland. NTR has acquired the pre-construction project from RES, a leading renewable energy developer. The project is expected to enter construction in the autumn, creating over 50 construction jobs over the coming year. Commissioning is targeted for Q4 2016.
NTR posts profit of €35.7 million for year ended 31 March 2015
June 12 2015
Dublin, 12 June, 2015: NTR plc (“NTR”), a leading investor and asset manager of renewable energy projects, today announces its financial results for the year ended 31 March 2015.
The Group has recorded a profit of €35.7 million for the financial year 2015, which is an improvement of €4.4 million (13.9%) on the previous year. Profit from continuing operations was €16.0 million and profit from discontinued operations, which includes Wind Capital Group (WCG), US wind assets classified as “assets held for sale” due to their subsequent sale post year end, was €19.8 million. The profit on sale for this transaction will be recorded in the Financial Year 2016 results.
NTR's Wind Capital Group Sells Wind Projects For $244m
April 06 2015
Dublin: 6th April, 2015. NTR plc, the renewables investment group, today announced that its US wind company, Wind Capital Group LLC, has agreed to sell its Post Rock and Lost Creek wind projects (350MW of operational wind) to Pattern Energy Group Inc. for a gross consideration of US$244m. Proceeds after repayment of third party debt will be approximately US$195m. The sale is subject to regulatory approval and certain commercial consents.
NTR plc Reports Interim Results for period ended 30 September 2014 - Group Reports First Half Profit
December 04 2014
Group Records First Half Profit of €5.4 million
Dublin, 4 December 2014: NTR plc (“NTR”), a leading investor and asset manager of renewable energy projects, today announced its financial results for the half year ended 30th September 2014. The Group’s US based wind assets performed well during the period and NTR recorded a half-year profit of €5.4 million, representing an increase of €3.5 million on the same period last year. This is the third consecutive profitable reporting period for the Group, reflecting consistent earnings from its US wind assets, coupled with reduced costs.
NTR plc Announces Launch of Sale Process For Wind Capital Group Assets
November 13 2014
Dublin: 13 November 2014. NTR plc, the renewables investment group, today confirmed that following a strategic review, Marathon Capital LLC has been appointed by its US wind company Wind Capital Group LLC to launch a sale process of its wind projects. The two projects, Post Rock and Lost Creek based in Kansas and Missouri respectively, comprise 350MW of operating assets with long-term offtake contracts.
NTR Acquires 14 Wind Projects in Northern Ireland
October 06 2014
Acquisition in line with NTR's plans to install 20MW of single turbine projects.
Dublin: 1st October, 2014: NTR plc, the renewables investment group, today announced the acquisition of fourteen 250KW single turbine projects in Northern Ireland through the acquisition of KN Energy Ltd. The portfolio of projects comprises four operational sites and a further ten development projects, most of which are at advanced stages of development. With the addition of this portfolio to its existing build out programme, NTR expects to construct, commission and operate a minimum of eighteen 250KW projects across the province within the coming twelve months, with more projects under review thereafter. NTR will manage the assets from its Dublin office, outsourcing their maintenance to a strategic partner, based in Omagh, Co.Tyrone.
NTR plc Statement Regarding Shareholder Agreement
September 12 2014
Dublin, September 12, 2014: The Board of NTR plc notes that three of its principal shareholders, Woodford Capital, One51 plc and Pageant Holdings Ltd, who collectively own 71.5% of NTR’s issued share capital, have come to an agreement with regards to their holdings in NTR.
September 12 2014
NTR plc will make a public statement in the afternoon of Friday 12th September, 2014. The Company has asked its supporting brokers to communicate this to any persons proposing to trade in NTR shares, as no trades should be undertaken until the statement has been published.
Extracts of Comments by Chairman of NTR plc & Poll Results from AGM, 4th September, 2014
September 04 2014
Statement from the Board of NTR plc
August 29 2014
NTR plc Publishes its Annual Report for FY2014
August 07 2014
August 7, 2014 - Dublin: NTR plc has published its Annual Report and Financial Statements for the financial year ended 31 March 2014. A copy of the report, together with an investor presentation explaining the financial statements are available at http://www.altasinvestments.ie/Investor-Relations/Financial-Reporting/
The Company has also issued a notice for the forthcoming Annual General Meeting, to be held at the Conrad Hotel, Earlsfort Terrace, Dublin 2, Ireland on Thursday 4th September 2014 at 10.00am.