Windforce PLC

Windforce PLC

CCSELK:WIND.N0000
36.10
LKR
-0.80
(-2.17%)
Dec 02Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Lasith Wimalasena
Full Time Employees
223
Sector
Utilities
Industry
Alternative power generation
Address
Colombo Sri Lanka
IPO Date
Apr 22, 2021
Business
Windforce PLC is a Sri Lanka-based renewable energy company engaged in the development, construction, ownership, and operation of clean energy power plants, as well as the provision of engineering, procurement, and construction (EPC) and operations and maintenance (O&M) services. Founded in 2010 and headquartered in Colombo, Sri Lanka, the company operates across three primary business segments: Wind Power, Solar Power, and Small Hydro Power. Its core products and services include the generation and transmission of bulk renewable electricity to national utility grids; utility-scale onshore wind energy facilities; ground-mounted photovoltaic (PV) solar farms; commercial and industrial rooftop solar installations; run-of-river mini-hydroelectric generation plants; full-scope turnkey EPC solutions encompassing site feasibility assessment, plant engineering, equipment procurement, civil construction, and grid interconnection; and comprehensive asset management, automated remote monitoring, and scheduled technical maintenance services. Windforce PLC serves state-owned power utilities, commercial enterprises, and industrial off-takers across Sri Lanka, Uganda, Pakistan, and Ukraine. In recent developments, the company has expanded its operating capacity through the commissioning and integration of major renewable installations, including the multi-megawatt Hiruras wind power project and the Vavunathivu solar power plant; entered the clean mobility sector through strategic partnerships to build and manage electric vehicle (EV) charging infrastructure; formed joint venture partnerships to accelerate rooftop solar deployments for industrial clients; and advanced cross-border development pipelines in South Asia and East Africa to expand its international renewable asset base.