Added to YB: 2025-09-18
Pitch date: 2025-09-16
GRP.L [neutral]
Greencoat Renewables PLC
+0.26%
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 0.70
Price Target
N/A
Dividend
9.67%
EV/EBITDA
N/A
P/E
-15.20
EV/Sales
N/A
Sector
Capital Markets
Category
dividend
Greencoat Renewables (GRP Ireland): Weak wind output keeps pressure on near-term returns
GRP.L (quick overview): Wind REIT hit by weak European wind output - revenue -28%, EBITDA -38%, NAV down 4% to €1.01. Dividend cover fell to 1.7x vs 3x prior year. 25% merchant exposure creates volatility. Trades at steep NAV discount but offers 9%+ yield for income investors. Disciplined mgmt, 52% gearing stable.
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