LONDON--Renewable infrastructure fund Greencoat UK Wind PLC (UKW.LN) said Monday it has acquired Langhope Rig Wind Farm from GE Energy Financial Services for 39.8 million pounds ($49.3 million).

Greencoat said the acquisition was funded by the company's revolving credit facility.

Langhope Rig is located near Hawick in the Scottish Borders, and has a capacity of 16 megawatt, Greencoat said.

Greencoat shares at 0720 GMT up 0.1%, at 119 pence, valuing the company at GBP878.5 million.

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

(END) Dow Jones Newswires

March 27, 2017 03:35 ET (07:35 GMT)

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