Nov 20 2024
Energy transition
Recent Research
TRIG plc, Q3 NAV and balance sheet update
Nov 1 2024
Greencoat Renewables, Modest decline in Q3 NAV
Oct 31 2024
Corre Energy, Interim results update
Sep 30 2024
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Greencoat Renewables
Announced sale of Kokkoneva
The announced sale of Kokkoneva onshore wind farm (Finland) is consistent with Greencoat Renewables’ strategy to identify asset recycling opportunities. The consideration, representing...
TRIG plc
Q3 NAV and balance sheet update
Like others in the sector, TRIG has recorded a modest decline in Q3 NAV (-1.8p to 121.6p/share) – primarily driven by lower portfolio output versus budget and a weakening in forward...
Greencoat Renewables
Modest decline in Q3 NAV
Greencoat Renewables’ (Greencoat) modest Q3 net asset value (NAV) decline reflects a slight moderation in European power prices as well as lower wind resource across key markets....
Greencoat UK Wind
Good capital management evident in the quarter
Greencoat UK Wind’s (UKW) Q3 performance is along expected lines, with net asset value (NAV) declining modestly to 158.6p/share. However, it has also confirmed an additional investment...
Corre Energy
Adjusting portfolio model and rating to reflect recent update
We adjust our Corre Energy portfolio model to reflect its recent interim results and the outcome of its operational and strategic reviews. Two critical elements of the investment case...
Corre Energy
Interim results update
Corre Energy’s interim results reflect the funding and operational challenges facing the business. Firstly, its reported cash position at the end of H1 was €0.3m, while trade and tax...
Greencoat Renewables
Interim results highlight strong execution and improving opportunity set
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...
Corre Energy
Loan facility secured; to introduce new Interim Board
Following its recent update, Corre Energy has announced that it has secured a convertible debt facility from a group of existing significant shareholders. The terms of the loan reflect...
Corre Energy
Interim Chair resignation; update on funding position
Corre Energy has announced that Rune Eng has resigned from his position as non-executive director and Interim Chair. We had previously anticipated that Eng would remain as Interim...
TRIG plc
Interim results confirm already understood performance
Following recent announcements, TRIG’s financial performance and strategic progress in the first half of 2024 are already understood. Several asset disposals – adding modestly to its...
