Special Advisory: Wigton Windfarm Limited (WIG)

July 11, 2024

 

Wigton Windfarm Limited (WIG) has advised that on July 8, 2024, the Company was shortlisted in the pre-award of the Generation Procurement Entity’s (“GPE”) tender for the Supply of up to 100MW (Net) of Electricity Generation from Renewable Energy Resources on a Build, Own and Operate (BOO) Basis.

WIG has also advised that a preliminary review of its wind farm operations in Rose Hill, Manchester was completed following the passage of Hurricane Beryl and has confirmed that the wind turbines and warehouses sustained some damage as a result.  The Company is actively taking all steps to complete a comprehensive assessment to enable the restoration of operations to normal capacity. The Company has further advised that it will continue assessments and at this time does not anticipate any significant impact on the business performance of the Company for the year ending March 31, 2025 as a result of the hurricane.

 

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

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