Greencoat Renewables Reports Strong Q1 Performance Amidst Market Challenges

Greencoat Renewables Plc ( (DE:GRP) ) has issued an update.

Greencoat Renewables Plc announced its unaudited Net Asset Value (NAV) of €1,170 million as of March 31, 2025, with a dividend of 1.7025c per share for Q1. Despite a challenging period with wind speeds below average, the company maintained robust cash generation and a strong liquidity position. The acquisition of the Andella wind farm in Spain and a new 10-year Power Purchase Agreement with Keppel DC REIT highlight the company’s strategic moves to diversify and secure long-term revenue. The Q1 NAV was impacted by declining power prices in Sweden and Germany, but the company remains focused on de-leveraging and maintaining a strong financial footing.

More about Greencoat Renewables Plc

Greencoat Renewables Plc operates in the renewable energy industry, focusing on the acquisition and management of renewable energy infrastructure assets. The company primarily invests in wind and solar energy projects across Europe, aiming to provide sustainable energy solutions and stable returns for its stakeholders.

Average Trading Volume: 2,243,992

Technical Sentiment Signal: Sell

Current Market Cap: €827.4M

Find detailed analytics on GRP stock on TipRanks’ Stock Analysis page.