)

Greencoat Renewables (GRP) investor relations material
Greencoat Renewables H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Gross cash generation for H1 2025 was €68.7 million, supporting a 1.8x gross dividend cover and €37.7 million in dividends paid, despite historically low wind speeds and moderating power prices.
Over €100 million of capital was recycled in the last 12 months through disposals at a premium to NAV, including a €156 million sale of six Irish assets at a 4% premium, with proceeds used for debt repayment.
NAV per share declined to 101.0c, mainly due to asset revaluations, P50 revisions, and lower power prices in mainland Europe.
The business is strategically focused on capitalising on the European energy transition and emerging AI-driven demand, especially in Ireland.
Shareholders reaffirmed support for the business model at the May AGM despite short-term share price underperformance.
Financial highlights
Net cash generation for H1 2025 was €64.9 million, with a resilient EBITDA margin of 56% and revenue of €160.3 million.
EBITDA fell to €89.9 million from €145.3 million year-over-year, with gross cash generation down 40% and net cash generation down 41% year-over-year.
NAV per share dropped by 9.5c, primarily due to asset revaluations and power price movements.
76% of revenue is contracted through 2029, supporting stable cash flows.
Asset disposals totaling €156 million are reflected in the fair value of investments, with gearing at 51.8% pro forma for disposals.
Outlook and guidance
Strong contracted cashflows (76% of 2025–2029 revenues) underpin predictable dividends, with illustrative net dividend cover of 1.5x out to 2029.
The business is focused on disciplined capital allocation and sees significant growth opportunities in the convergence of digital and power sectors, especially with AI/data center demand.
On track to meet the 2025 target dividend of 6.81c per share.
European interest rates are on a downward trajectory, supporting renewables investment.
EU policy targets and rising demand for renewables, especially from data centers, underpin long-term sector attractiveness.
Next Greencoat Renewables earnings date

Next Greencoat Renewables earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage