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Jul 30 2025, 08:33 IST/BST
Greencoat UK Wind
Resilient H1 performance; further disposals announced
- Sectors : Renewable Infrastructure
- Companies : Greencoat UK Wind
DAVY VIEW
Greencoat UK Wind’s (UKW) H1 results reflect ongoing resilience despite continued low wind speeds. Net cash generation remained strong at £163m, supporting an underlying net dividend cover of 1.4x. Looking ahead, cash generation continues to underpin the investment case: UKW expects to generate £2.4bn in net cash over 2026-2030 – equivalent to c.107p/share, or 85% of the current share price. This provides a solid foundation for sustained dividend delivery and capital allocation flexibility going forward.
