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About the company
Greencoat Renewables PLC is an Ireland-based renewable infrastructure company, which invests in European renewable storage assets and electricity generation. Its investment objective is to provide an attractive risk-adjusted return to shareholders through an annual dividend that increases progressively whilst growing the capital value of the investment portfolio. The Company owns and operates a portfolio of renewable energy generation assets in Ireland and continental Europe with stable and robust renewable energy policy frameworks. The Company’s portfolio includes approximately 39 renewable energy generation and storage assets, which include Ballybane, Raheenleagh, Lisdowney, Knocknalour, Knockacummer, Killhills, Glanaruddery, Gortahile, Letteragh, Garranereagh, Cordal, and Beam Hill. The Company’s investment manager is Greencoat Capital LLP.
- Revenue in EUR (TTM)8.43m
- Net income in EUR-51.66m
- Incorporated2017
- Employees0.00
- LocationGreencoat Renewables PLCRiverside One, Sir John Rogerson's QuayDUBLIN IrelandIRL
- Websitehttps://www.greencoat-renewables.com
Profile
| Management group(s) | Schroders Greencoat LLP |
|---|---|
| AIC sector | Renewable Energy Infrastructure |
| ISIN | IE00BF2NR112 |
| Launch date | 25 Jul 2017 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | EUR |
Objective
To provide attractive risk-adjusted returns to shareholders through annual dividend increase and capital value growth by investing in euro denominated operational renewable electricity generation assets in Relevant Countries within the Eurozone. The Company will initially focus on investing in wind assets in Ireland, where it has acquired the Seed Portfolio and where the Board and the Investment Manager believe there is an attractive opportunity to consolidate onshore wind assets, and in Other Relevant Countries (being Belgium, Finland, France, Germany, Netherlands, Denmark, Norway, Sweden, Spain and Portugal), where the Board and the Investment Manager believe there is a stable and robust renewable energy policy framework.
Managed by
| Bertrand Gautier, Paul O'Donnell |
|---|
Management & contract fees
The Investment Manager will continue to receive a management fee quarterly fee of 0.25% of 50% NAV and 50% Market Capitalisation up to EUR 1.0 billion, 0.2% from EUR 1.0 billion to EUR 1.75 billion, and 0.1875% above EUR 1.75 billion. Half of the fee will be based on NAV and the other half on the lower of NAV and market capitalisation.
