DAVY VIEW

Greencoat Renewables’ (Greencoat) interim results presentation, now published ahead of its 10.00 UK/Ire analyst call, sets out its ever-improving investment case. As a leading European renewables operator, it looks well positioned to benefit from several global megatrends. Its consistent performance and track record in recent years of delivering cash-backed, resilient and predictable returns – evident once again in H1 2024 – provide confidence that it can translate that position into attractive shareholder returns, especially as falling interest rates ensure a more favourable operating environment.