Greencoat Renewables

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Greencoat Renewables PLC
Company type Public
Euronext Dublin:  GRP
AIM: GRP
ISEQ 20 component
Euronext Growth
ISIN IE00BF2NR112
IndustryWind and Renewable Energy
Founded2017
FoundersRichard Nourse
Headquarters Dawson Street,
Dublin
,
Ireland
Area served
Europe
Key people
Paul O'Donnell and Bertrand Gautier
Website www.greencoat-renewables.com

Greencoat Renewables PLC is an Irish investment company investing in primarily Irish and Euro-denominated European wind farms and renewable energy infrastructure. Founder in 2017, its primary listing is on the Irish Stock Exchange, where it is a constituent of the ISEQ 20 index, but is also listed on the London Stock Exchange on the FTSE 250. [1] Greencoat Capital LLP acts as investment manager to Greencoat Renewables PLC and its sister company Greencoat UK Wind. [2] [3] [4]

Contents

History

The company had a market capitalisation of €747.3 million as at 31 December 2019 and produced 1,154GWh from its 15 Irish wind farms in the year to 31 December. [5]

In October 2020, the company revealed that purchase of the An Cnoc wind farm in County Tipperary, Ireland had been completed. [6] In November 2020, the company announced a placing of new shares aimed at raising approximately €100m for the company. [7]

In May 2022, it was announced Greencoat had acquired four onshore wind farms in France from the Swiss energy company, Axpo. [7]

In August 2024, Greencoat acquired a 50 per cent share in the 80.5 MW South Meath Solar Farm in County Meath from Statkraft. [8]

References

  1. ↑ "London Stock Exchange | London Stock Exchange". www.londonstockexchange.com. Retrieved 28 August 2024.
  2. ↑ "Corporate Interview: Greencoat Renewables". cantorfitzgerald.ie. 11 July 2019. Retrieved 27 June 2020.
  3. ↑ "Greencoat Renewables PLC GRP:ISE". Financial Times. Retrieved 27 June 2020.
  4. ↑ Gleeson, Colin. "Greencoat Renewables buys French wind assets for €30.3m". irishtimes.com. The Irish Times. Retrieved 27 June 2020.
  5. ↑ "Annual Report 2019" (PDF). greencoat-renewables.com. Retrieved 27 June 2020.
  6. ↑ "Greencoat Renewables buys Tipperary wind farm, closes €200m term loan". independent. Retrieved 23 October 2020.
  7. 1 2 "Greencoat Renewables to raise €100m in share placing". RTE News. 26 November 2020.
  8. ↑ "Greencoat Renewables acquires Irish solar farm, enters long-term PPA". pv magazine International. 7 August 2024. Retrieved 28 August 2024.


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