Greencoat UK Wind

Power prices underpin positive Q3 NAV update

  • Sectors : Energy Transition
  • Companies : Greencoat UK Wind

Ratings and price correct at time of issue.

  • Greencoat UK Wind

    Closing Price: 120p

  • RATING 09/05/23

  • PREVIOUS RATING N/A

DAVY VIEW

In what is typically a seasonally weaker quarter for output, Greencoat UK Wind (UKW) delivered a positive Q3 net asset value (NAV) update. Supportive power prices drove an 81% year-on-year (yoy) increase in cash generation despite generation remaining below budget. With pricing remaining supportive into year-end, cash generation should remain strong through Q4.

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Oct 29 2026, 08:08 GMT

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