Added to YB: 2025-05-26
Pitch date: 2025-05-22
GRP.L [bullish]
Greencoat Renewables PLC
+2.26%
current return
Author Info
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Company Info
Greencoat Renewables PLC owns and operates renewable energy infrastructure assets in the Republic of Ireland, Germany, France, Sweden, and Spain.
Market Cap
EUR 783.8M
Pitch Price
EUR 0.69
Price Target
1.06 (+51%)
Dividend
9.67%
EV/EBITDA
N/A
P/E
-15.20
EV/Sales
N/A
Sector
Capital Markets
Category
value
Wind of Change - Greencoat Renewables PLC
GRP.L: Renewable energy yieldco at record 30% NAV discount, attractive at €0.73 (0.69x NAV). Strong cash flow supports 18% cash/9% div yield. Recent asset sales at 5% premium to book validate NAV. Catalyst potential: take-private (1-1.05x NAV), activist, or mkt re-rating. 28.8% IRR base case, limited downside with div protection.
Read full article (14 min)