Greencoat Renewables (GRPG.I, GRP ID)

  • 1301.0
  • 1141.2
  • 95.6

    Closing Price (c): 114.0

  • RATING 24/08/17


Company Profile

Greencoat Renewables is an owner of operational renewable assets. It invests in euro-denominated assets in Ireland and in a selection of European countries. It currently has a c.550MW portfolio of onshore wind assets in Ireland and France (c.750MW pro-forma for already agreed acquisitions). Through contracted cashflow and equity capital, the company will grow its portfolio over the medium term, while also paying a handsome dividend to shareholders. The management of its portfolio is outsourced to Greencoat Capital.

Major Shareholders%
BlackRock Invest. Mgt (UK) Ltd.9.8
Newton Investment Management Ltd.6.2
FIL Investment Advisors (UK) Ltd.6.1
Brewin Dolphin Wealth Management5.0
Foresight Group LLP4.3