Subsidiary
Wind Direct Limited
% holding
Class of shares
Ordinary 100%
31.12.23
Aggregate Capital and Reserves £10
Associates
Alto Prodotto Wind Ltd
Nature of business: Electricity Generation
% holding
Class of shares
Ordinary 33%
31.03.24
Aggregate Capital and Reserves £546,054
Profit / (Loss) for the year (£103,941)
Greenenerco Limited
Nature of business: Electricity Generation
% holding
33%
31.03.24
Aggregate capital and reserves £259,566
Profit / (Loss) for the year £42,682
Infinite Renewables Wales Ltd
Nature of business: Electricity Generation
% holding
51%
31.01.2024
Aggregate capital and reserves £74,180
Profit / (Loss) for the year (£25,820)
Investments are measured at fair value. The latest fair valuation was carried out in 2024 by PricewaterhouseCoopers LLP utilising a mixture of a sum-of-the-parts valuation approach and an income approach. There has been no adjustment to this valuation to reflect taxation matters as in accordance with current legislation there would not likely be tax liabilities arising due to group reliefs available.