Utilities

Meet your Utilities Research team

Greencoat Renewables

Robust performance despite power price headwind

Greeencoat Renewables’ (Greencoat) Q3 performance is along expected lines. Net asset value (NAV) was flat in the period despite further pressure on long-term power price forecasts,...

Greencoat Renewables

NAV rises modestly in Q2

Q2 was another steady quarter for Greencoat Renewables. As the company continues to digest its much-enlarged portfolio, net asset value (NAV) rose modestly to 103.5c in the period....

Greencoat Renewables

Long-term power price forecast offsets strong operational performance

Greencoat’s net asset value (NAV) was unchanged in Q1 (103.4c/share), with longer-term power price forecasts offsetting a strong operational performance in the quarter. We suspect Q1...

Greencoat Renewables

First Irish corporate PPA announced; RESS auctions to go ahead in 2019

Amazon’s commitment to acquire energy from a soon-to-be-built wind farm is the first of its kind in Ireland; it may also herald the launch of the corporate Power Purchase Agreement...

Greencoat Renewables

Acquisition highlights Greencoat’s strong positioning in Ireland

As it advised, Greencoat has moved swiftly to deploy the proceeds of its recent capital raise. It has acquired a further 25% stake in Cloosh Valley, bringing its shareholding in Ireland’s...

Greencoat Renewables

Growth and Returns? yes Please

The importance of Greencoat’s successful 2018 should not be underestimated. The group enters 2019 on an established footing, with annual NAV growth likely to be at the upper end of...