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Renewables now: certain costs, uncertain revenues

Thrive’s Matthew Clayton says it is time for the renewables industry to get used to the uncertainty profile of a mature sector

Thrive has sold two projects totalling 13MW – Wern Ddu in north Wales and Kessingland in East Anglia – to infrastructure fund manager Equitix.

The company constructed the two wind sites between 2009 and 2011. Thrive said it was taking advantage of current high market valuations for operational onshore wind projects to pay out a proposed 40p interim dividend to shareholders and release new capital.

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