Aug 13 2026
Energy transition
Recent Research
TRIG plc, H1 performance as expected
Aug 7 2026
TRIG plc, Capital recycling progress confirmed
Jun 15 2026
Greencoat Renewables, Q1 NAV rises modestly
May 8 2026
TRIG plc, Q1 NAV steady
May 1 2026
Meet your Energy transition Research team
Greencoat UK Wind
Well positioned for H2 2026
We have long viewed Greencoat UK Wind (UKW) as one of the higher quality operators in the listed renewables space. As a sector pioneer, it has consistently been at the forefront of...
TRIG plc
H1 performance as expected
Following TRIG's Q2 net asset value (NAV) update last week, there are few surprises in today's H1 results. The combination of solid cash generation, improving dividend cover and a...
Greencoat UK Wind
Solid H1, underpinned by strong cash generation
Greencoat UK Wind (UKW) has delivered a strong H1 performance. While net asset value (NAV) was broadly unchanged in Q2, the key takeaway is management's confidence that both EBITDA...
Greencoat Renewables
Q2 NAV declines; underlying performance remains resilient
Beneath the softer Q2 net asset value (NAV) print, the underlying operational performance of Greencoat Renewables (GRP) in Q2 remains encouraging. Despite portfolio production running...
TRIG plc
Capital recycling progress confirmed
TRIG’s agreement to dispose of its 17.5% stake in the Beatrice offshore wind farm for c.£155m marks tangible progress towards its capital realisation and deleveraging targets....
Greencoat Renewables
Q1 NAV rises modestly
Greencoat Renewables (GRP) has reported a modest uplift in Q1 net asset value (NAV), reinforcing momentum following its March strategy reset. Underlying portfolio performance remains...
TRIG plc
Q1 NAV steady
TRIG has delivered a solid Q1 with generation ahead of expectations and net asset value (NAV) broadly flat. With capital allocation increasingly in focus given the material discount to NAV...
Greencoat UK Wind
Solid start supports positive 2026 cash generation outlook
With recent UK policy changes now confirmed and reflected in Greencoat UK Wind’s (UKW) Q1 net asset value (NAV), this morning’s update should help refocus attention on underlying...
Greencoat Renewables
Catching a second wind
The listed renewable infrastructure sector is undergoing a reset as market conditions continue to drive a necessary rightsizing of both portfolios and operators. We expect this to...
Greencoat Renewables
Greencoat Renewables 2.0; a new capital playbook announced
Greencoat Renewables’ (GRP) FY25 financial results take a back seat to the more meaningful strategy update unveiled this morning – a plan that reflects how the energytransition...
