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Greencoat Renewables plc (GRP) EUR0.01

Sell:€0.76 Buy:€0.76 0 Change: €0.004 (0.53%)
FTSE AIM 100:0.52%
Market closed |  Prices as at close on 25 April 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:€0.76
Buy:€0.76
Change: €0.004 (0.53%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 25 April 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:€0.76
Buy:€0.76
Change: €0.004 (0.53%)
Market closed |  Prices as at close on 25 April 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

To provide attractive risk-adjusted returns to shareholders through annual dividend increase and capital value growth by investing in euro denominated operational renewable electricity generation assets in Relevant Countries within the Eurozone. The Company will initially focus on investing in wind assets in Ireland, where it has acquired the Seed Portfolio and where the Board and the Investment Manager believe there is an attractive opportunity to consolidate onshore wind assets, and in Other Relevant Countries (being Belgium, Finland, France, Germany, Netherlands, Denmark, Norway, Sweden, Spain and Portugal), where the Board and the Investment Manager believe there is a stable and robust renewable energy policy framework.

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Fee Structure

The Investment Management Agreement, the Investment Manager is entitled to a management fee from the Company, which is calculated quarterly in arrears and remains at 0.25% of NAV per quarter on that part of NAV up to and including 1.0 billion, 0.2% of NAV per quarter on that part of NAV from 1.0 billion to 1.75 billion and 0.1875% of NAV per quarter on that part of NAV over 1.75 billion.

Dividend Policy

Dividends are expected to be paid quarterly, normally in respect of the quarters ended 31 March, 30 June, 30 Sept and 31 Dec. Dividends expected to be paid in February, June, August and November. The Company aims to increase the dividend each year, by an amount between zero and Irish CPI. The Board has agreed to increase the 2025 target dividend by 1% to 6.81 cents per share reflecting its confidence in its ability to deliver strong cashflows on a sustainable basis.

ASSET SPLIT

Total number of holdings: 0.

Trust Manager

Bertrand Gautier

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Ronan MurphyChairman, Eva Lindqvist, Emer Gilvarry, Marco Graziano, Niamh Marshall

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.