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WindForce Limited, which listed on the CSE this year, displayed a strong performance for the year 2020/21. The company declared an interim dividend of LKR 1,013 million for 21/22, which corresponds to a dividend per share of 0.75 LKR, yielding a return of 4.7% to shareholders. Performance in 2021
Vidullanka to invest Rs. 1 bn to expand generation capacity Daily News (via HT Media Ltd.) Vidullanka PLC will be investing approximately Rs. 1 billion to expand their generation capacity in the solar energy segment in Sri Lanka for the financial year 2021/22. A solar project by Vidullanka. “We will actively invest more into the solar energy sector in Sri Lanka and undertake our biggest venture to build a 10 MW plant in Vavunathivu, Batticaloa District. The total investment would be around Rs. 1.4 billion and the company has joined forces with Windforce Limited and HiEnergy ...
WindForce shares off to strong start on CSE Daily News (via HT Media Ltd.) The shares of WindForce Limited, will commence trading on the Main Board of the Colombo Stock Exchange (CSE) from today onwards, following its highly-successful Initial Public Offering (IPO). The strong showing of the shares on the opening days of trading highlights the investors’ confidence in Sri Lanka’s biggest and fastest growing producer of renewable energy. The WindForce Limited IPO of Rs. 3.2 billion, the largest at the CSE since 2011, attracted 1,654 applications amounting to a value of Rs.2...
WindForce, Vidullanka and HiEnergy to add 10MW solar energy to National Grid April, 21, 2021 WindForce Limited, the latest company to list on the Colombo Stock Exchange, acquired Solar Universe (Pvt) Ltd, which has won a tender to develop a 10MW solar power plant in Vavunathivu. Solar Universe is owned in conjunction with Vidullanka PLC and HiEnergy Services (Pvt) Ltd, where each of the three shareholders own an equal stake of 33.33%. This latest project will add 10MW Solar PV to the national grid, contributing to 19.70 GWh of power annually, equivalent to 4.9 million liters of oil saved. The...
The shares of WindForce Limited, the pioneers in the growth and supply of renewable energy in Sri Lanka, will commence trading on the Main Board of the Colombo Stock Exchange (CSE) from the 22nd of April 2021 onwards, following its highly-successful Initial Public Offering (IPO). The strong showing of the shares on the opening days of trading highlights the investors’ confidence in Sri Lanka’s biggest and fastest growing producer of renewable energy. The WindForce Limited IPO of Rs. 3.2 Billion, the largest at the CSE since 2011, attracted 1,654 applications amounting to a value of Rs.25....