Greencoat Renewables

Strong commitment to renewables in Programme for Government

  • Sectors : Renewable Infrastructure
  • Companies : Greencoat Renewables

Ratings and price correct at time of issue.

  • Greencoat Renewables

    Closing Price: 79.3c

  • RATING 24/08/17

  • PREVIOUS RATING N/A

DAVY VIEW

The Programme for Government demonstrates a strong and perhaps increasing commitment to expanding renewable energy sources in Ireland. The continued positive regulatory backdrop for Greencoat Renewables’ high-quality assets and business model, as well as its attractive cash generation and strong balance sheet, are completely at odds with its current share price level and we reiterate our ‘Outperform’ rating.

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Jan 16 2025, 13:22 GMT

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