Apr 25 2024
Energy transition
Recent Research
Greencoat UK Wind, Robust Q1 performance
Apr 24 2024
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TRIG plc
Disposal of another asset at premium to NAV
The sale by TRIG of another asset is consistent with its recently stated strategy to use disposal proceeds to reduce leverage and invest in higher returning opportunities....
Greencoat Renewables
Evidence of an enhanced investment opportunity
Greencoat Renewables’ results presentation (document just published; call at 10:00 UK/Ire time) highlights how the strong medium-term cash generation potential of its portfolio is...
TRIG plc
Leading operator but superior returns available elsewhere
TRIG’s financial performance has been impacted by the more challenging recent macro-economic backdrop. Its near-term returns outlook remains subdued, although the longer-term...
Greencoat UK Wind
2023 results highlight steady through-cycle returns
Persisting interest rate uncertainty and a period of disappointing share price performance across the renewable infrastructure sector disguise another year of solid shareholder...
Greencoat UK Wind
Cash generation supports solid 2023 performance and returns outlook
Despite more challenging operating conditions, Greencoat UK Wind (UKW) delivered solid shareholder returns in 2023. Net asset value (NAV) declined by 3p/share. However, returns totalled...
TRIG plc
Acquiring battery storage development platform
While TRIG’s acquisition of Fig Power is relatively small in the context of the overall portfolio, it highlights the importance of the battery storage opportunity to the group. The...
Corre Energy
Further development progress on German projects announced
Corre Energy has announced that the construction of its underground caverns in Germany is now 75% complete, confirming further development progress across Ahaus 1 and subsequent...
Greencoat Renewables
Robust NAV; important strategic progress made
Greencoat Renewables’ (GRP) Q4 net asset value (NAV), broadly unchanged at 112.1c/share, confirms its robust financial performance despite more difficult trading conditions in 2023. It...
Greencoat UK Wind
Q4 NAV declines modestly
Greencoat UK Wind’s (UKW) net asset value (NAV) fell modestly in Q4 to 164.1p/share. Recent declines in UK forward power curves and a slightly lower-than-expected 2023 inflation...
Corre Energy
Strategic operating and financial partner secured for Ahaus (Germany) project
Following its December update that co-investment agreements were being finalised for three key projects, Corre Energy has announced that Eneco will become its offtake, co-development...
