Sep 30 2024
Energy transition
Recent Research
TRIG plc, Q2 NAV declines modestly
Aug 2 2024
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Corre Energy
Interim results update
Corre Energy’s interim results reflect the funding and operational challenges facing the business. Firstly, its reported cash position at the end of H1 was €0.3m, while trade and tax...
Greencoat Renewables
Interim results highlight strong execution and improving opportunity set
Greencoat Renewables’ (Greencoat) interim results presentation, now published ahead of its 10.00 UK/Ire analyst call, sets out its ever-improving investment case. As a leading European...
Corre Energy
Loan facility secured; to introduce new Interim Board
Following its recent update, Corre Energy has announced that it has secured a convertible debt facility from a group of existing significant shareholders. The terms of the loan reflect...
Corre Energy
Interim Chair resignation; update on funding position
Corre Energy has announced that Rune Eng has resigned from his position as non-executive director and Interim Chair. We had previously anticipated that Eng would remain as Interim...
TRIG plc
Interim results confirm already understood performance
Following recent announcements, TRIG’s financial performance and strategic progress in the first half of 2024 are already understood. Several asset disposals – adding modestly to its...
TRIG plc
Q2 NAV declines modestly
TRIG has announced that its net asset value (NAV) declined modestly in Q2 to 123.4p/share (125p/share at the end of Q1). It follows the announcement yesterday (August 1st) of the...
TRIG plc
Capital recycling progress confirmed
The disposal of a sizeable stake in Gode offshore wind farm (15.2% stake for a consideration of €100m) confirms TRIG’s progress towards its RCF borrowing reduction and other capital...
Greencoat UK Wind
Reflections on H1 2024 performance
Like other listed renewable infrastructure operators, it is difficult to assess Greencoat UK Wind’s (UKW) current operating performance. On the one hand, portfolio valuations and...
Greencoat Renewables
Continued strong delivery in Q2
While its peers’ portfolio valuations have been in ‘reset mode’ of late following stronger-than-expected net asset value (NAV) growth in 2021 and 2022, Greencoat Renewables...
Greencoat UK Wind
H1 results
Greencoat UK Wind’s (UKW) NAV is virtually unchanged in Q2 2024 at 159.3p/share (160.0p/share at the end of Q1 2024). Power generation was 15% behind budget, which resulted in lower...
