Greencoat Renewables PLC Fund Data

Strong cash generation and dividend cover in low generation period. Q3 gross cash generation of €23.2 million equating to 1.2x gross dividend cover in a low generation period. Q3 generation 2% below budget. 6.81 cent per share target dividend for 2025, with full year gross dividend cover anticipated to be 1.6x. Completion of accretive disposals and reduced gearing. Completed the disposal of a 116MW portfolio of six Irish assets for total proceeds of €156 million, representing a 4% premium to last reported net asset value. Proceeds used for debt repayment resulting in a reduction in total debt to €1,209 million with gearing down to 51.7% from 54.6% at Q2.

Strong cash generation and dividend cover in low generation period. Q3 gross cash generation of €23.2 million equating to 1.2x gross dividend cover in a low generation period. Q3 generation 2% below budget. 6.81 cent per share target dividend for 2025, with full year gross dividend cover anticipated to be 1.6x. Completion of accretive disposals and reduced gearing. Completed the disposal of a 116MW portfolio of six Irish assets for total proceeds of €156 million, representing a 4% premium to last reported net asset value. Proceeds used for debt repayment resulting in a reduction in total debt to €1,209 million with gearing down to 51.7% from 54.6% at Q2.