The new RCF has three-year life and is to be used to re-finance existing project finance debt of €71 million and fund new acquisitions (including the purchase of Dromadda More discussed above). Greencoat Renewables intention to establish the RCF was set out at the time of its IPO. Following the re-financing of the existing debt, and completion of the acquisition of Dromadda More, the RCF will provide capacity for a further €95 million of acquisitions. Bertrand Gautier, Partner at Greencoat Capital, says, "We are very pleased with the terms of the facility, and the acquisition flexibility that it will provide". About Greencoat Renewables Greencoat Renewables describes itself as, "The Irish renewable infrastructure investment company ". It is an owner and operator of renewable infrastructure energy assets and is invested in wind farms in the Republic of Ireland. The company is listed on the ESM market of the Irish Stock Exchange and the AIM market of the London Stock Exchange – under the ticker GRP.