Feb 27 2026
Energy transition
Recent Research
TRIG plc, HICL–TRIG combination withdrawn
Dec 1 2025
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TRIG plc
Further deleveraging and divestments expected in 2026
TRIG’s FY25 results confirm the trends evident in its recent net asset value (NAV) update. Asset disposals – supportive of its NAV but also rightsizing its balance sheet – are likely to...
Greencoat UK Wind
2026 set to build on solid 2025 performance
Greencoat UK Wind’s (UKW) FY25 results presentation shifts the focus from the nowfamiliar 2025 financials and towards the company’s forward strategy for 2026 and beyond. Despite a...
TRIG plc
Q4 NAV declines; 2026 dividend maintained
Like others in the sector, TRIG has reported a Q4 Net Asset Value (NAV) decline, with revenue assumptions and discount rate assumptions the main drivers. The 2026 dividend target has...
Greencoat UK Wind
Revised Q4 NAV and 2026 dividend target confirmed
Yesterday’s (January 28th) Renewable Obligation (RO) consultation outcome should be well received as it clears an important uncertainty for investors. The NAV impact is in line with...
Greencoat Renewables
Q4 NAV declines modestly; focus now on FY results
Greencoat Renewables’ (GRP) Q4 net asset value (NAV) update confirms a modest decline in NAV, drawing a line under a year shaped by low wind generation. Against this backdrop, the...
Greencoat UK Wind
Q4 NAV falls; clarity on RO consultation still to come
Greencoat UK Wind’s (UKW) Q4 net asset value (NAV) update caps a difficult year, marked by valuation and policy headwinds. NAV fell 3.3% or -10.0% year-on-year. While the sector remains...
TRIG plc
HICL–TRIG combination withdrawn
The proposed HICL–TRIG combination will not proceed after failing to secure sufficient shareholder support. While the deal promised TRIG shareholders greater diversification and a...
TRIG plc
Proposed combination of TRIG and HICL Infrastructure marks a strategic step forward
TRIG’s proposed combination with HICL Infrastructure plc (HICL) represents a sensible step toward much-needed consolidation across the listed renewables and infrastructure space. A...
Greencoat UK Wind
Update on Renewables Obligation consultation
Greencoat UK Wind’s (UKW) update this morning on the UK government’s Renewables Obligation (RO) consultation was well anticipated by the market, with the estimated net asset value...
TRIG plc
NAV increases modestly in Q3
TRIG’s Q3 net asset value (NAV) update reflects a solid performance, bringing an end to the extended period of NAV depreciation that has persisted since 2023. NAV rose 1.5% despite...
