Greencoat Renewables

Name

Greencoat Renewables

Legal name

Greencoat Renewables PLC

Website

https://greencoat-renewables.com

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Renewable Energy Infrastructure

NAICS

Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Hybrid Wind Power Plants (Wind+Solar+Storage Co-located) (EUACAFAH)

akta.pro secondary industries

C&I Renewable Supply & Green Tariffs (Bundled RE, Sleeves, Utility Green Tariffs) (EUAGACAE), Renewable Energy Infrastructure (FSAAAKAG), Energy Storage Components for Renewables Manufacturing (BESS Packs, PCS, Thermal Management) (EUAMAHAI)

Keywords

• Renewable energy infrastructure
• Wind power generation
• Solar PV generation
• Battery energy storage
• Corporate power purchase

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Power Generation and Sales: Generates revenue by selling electricity from wind and solar assets to the grid and directly to large corporates via Power Purchase Agreements (PPAs). Revenue is driven by generation volume, power prices, and contracted revenue profiles.
2. Asset Management Fees: Managed by Schroders Greencoat LLP as investment manager, with fees derived from assets under management.
3. Capital Recycling: Returns generated through asset disposals, share buybacks, and capital recycling programmes. The company announced €300-350m asset disposal programme in 2026.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Greencoat Renewables is a publicly listed renewable energy infrastructure investment company that owns and operates onshore wind farms, solar PV plants, and battery storage assets across five European markets. It generates electricity and sells it to the grid and directly to large corporates via long-term Power Purchase Agreements (PPAs), using cash flows to pay dividends to shareholders and reinvest in portfolio growth. The company is managed by Schroders Greencoat LLP and is expanding into green digital infrastructure via a 50:50 joint venture.

Product overview

Greencoat Renewables is a renewable energy infrastructure investment company operating as a single unified platform. The core offering consists of owning and managing over 1.5GW of wind, solar, and battery storage assets across five European markets (Ireland, France, Germany, Finland, and Nordic countries). The company generates revenue by selling power to the grid and directly to corporates via Power Purchase Agreements (PPAs), using cash flows to pay dividends and reinvest in the portfolio. In March 2026, the company expanded into digital infrastructure through a 50:50 joint venture with Schroders Greencoat, launching a Green Digital Infrastructure Platform to develop green energy data centres and energy parks, with the inaugural Drogheda Energy Park project (36MW) in Ireland. The portfolio includes onshore wind farms (21 assets), solar PV, and battery storage, with assets managed by Schroders Greencoat LLP.

Differentiator

Problem solved

Functional benefit

Products and services

• Onshore Wind Farm Portfolio Ownership and operation of 21+ onshore wind farms across Ireland, France, Germany, Finland, and Nordic markets, generating renewable electricity for sale to the grid and large corporates via long-term PPAs.
• Solar PV Asset Portfolio Solar photovoltaic assets generating clean electricity, including the 80.5MW South Meath Solar Farm in Ireland acquired from Statkraft.
• Battery Energy Storage Portfolio Battery storage assets co-located with renewable generation to provide grid balancing services, optimise power output, and support intermittent renewable output.
• Green Digital Infrastructure Platform Joint venture platform with Schroders Greencoat focused on developing green energy data centres and energy parks that combine renewable power, energy storage, and grid services to serve AI-driven data centre demand.
• Drogheda Energy Park 36MW data centre project in County Louth, Ireland, integrated with flexible renewable generation and energy storage, developed as the first project under the green digital infrastructure platform.

Quantifiable outcome

• 3,443 GWh renewable energy generated in 2024
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Schroders Greencoat (Schroders Capital Semi-Liquid Global Energy Infrastructure)coreStrategic or Co-development Partner · 5 March 202650:50 joint venture to develop green digital infrastructure platform targeting data centres and energy parks in Ireland. First investment is Drogheda Energy Park (36MW data centre) on former Premier Periclase site in County Louth. Platform combines renewable generation, storage, and grid services to serve AI-driven data centre demand. Investment manager relationship established since 2017.
• HitecVisionminorStrategic or Co-development Partner · 13 May 2025Purchased portfolio of six Irish onshore wind assets (115.7MW net capacity) for €156m. Greencoat Renewables retains 50% stake in one larger asset and will work alongside HitecVision to assess future value creation including hybridisation and repowering opportunities.
• Valeo CapitalcoreChannel Partner/ Reseller/ Distributor · 13 May 2025Appointed as sole Corporate Advisor and JSE Sponsor for the secondary listing on Johannesburg Stock Exchange AltX, later upgraded to main board.
• Keppel DC REITcoreStrategic or Co-development Partner · 1 May 2025Signed 10-year PPA to supply 100% of electricity from Ballincollig Wind Farm (31.5 GWh annually). Second PPA signed with Keppel DC REIT to supply power to two data centres in Dublin for ten years. Represents core re-contracting strategy with data centre operators.
• AI and Heavy Industry Corporate BuyerscoreStrategic or Co-development Partner · 1 May 2025Executed six PPAs since December 2023 representing approximately 20% of five-year look-forward merchant volumes. Counterparties include leading international companies in AI and heavy industry sectors relying on clean energy to fuel growth.
• StatkraftcoreStrategic or Co-development Partner · 9 August 2024Acquired 50% stake in South Meath Solar Farm (80.5MW) from Statkraft, with Schroders Greencoat acquiring the remaining 50%. Also acquired Cloghan and Taghart windfarms from Statkraft under forward-sale model. Statkraft manages construction and provides operational management services.
• SSE, ESB, Bord Na MonacoreStrategic or Co-development PartnerCo-investment partners in Irish wind farms acquired from Coillte. SSE Renewables co-owns Cloosh Valley (Galway Wind Park); ESB co-owns Raheenleagh and Castlepook; Bord Na Mona co-owns Sliabh Bawn. Long track record of partnerships with major utilities.
• Abo WindminorStrategic or Co-development PartnerAcquired Kokkoneva wind farm (43.2MW) from Abo Wind in Finland under forward-sale model. Abo Wind financed and manages construction, continues operational management after completion.
• Schroders Greencoat LLPcoreStrategic or Co-development PartnerInvestment manager with approximately GBP 10 billion under management, one of the largest dedicated managers in Europe. Founded in 2009 with offices in London, Dublin, Germany, and Chicago. Manages all aspects of Greencoat Renewables portfolio acquisition, optimisation, and operation.

Scale indicators15 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Aquila European Renewables Income Fund: Pan-European listed renewable energy infrastructure fund with wind, solar, and hydro assets. Directly comparable geographic diversification (multi-country European footprint) and yield-driven structure to Greencoat Renewables.
• Gore Street Energy Storage Fund: UK-listed battery storage fund operating grid-scale storage assets in the UK and internationally. Comparable as a listed infrastructure vehicle targeting institutional income investors with storage-adjacent cashflows.
• Greencoat UK Wind: Sister fund managed by the same Schroders Greencoat investment team, listed on the London Stock Exchange. Owns and operates a portfolio of UK onshore wind farms, making it the most directly comparable yieldco structure, investor base, and business model.
• Bluefield Solar Income Fund: UK-listed solar infrastructure fund investing in UK and European solar PV assets. Comparable as a renewable-yield investment vehicle targeting institutional income investors, though concentrated in solar rather than wind.
• Harmony Energy Income Trust: UK-listed trust focused on UK battery energy storage systems. Comparable as a renewable infrastructure yieldco providing grid services and long-duration contracted cashflows, complementing Greencoat's storage strategy.
• John Laing Environmental Assets Group: UK-listed environmental infrastructure fund (formerly backed by John Laing) investing in renewable and environmental assets across the UK and Europe. Comparable diversified renewable yieldco model with long-term contracted revenues.
• The Renewables Infrastructure Group (TRIG): UK-listed renewable energy infrastructure investment company owning wind, solar, and storage assets across the UK and Europe. Closely comparable to Greencoat in structure (listed yieldco), asset mix (predominantly wind + diversifying solar/storage), and institutional investor base.
• NextEnergy Solar Fund: London-listed solar-focused infrastructure fund with UK and southern European operating assets. Comparable listed structure, dividend-driven model, and institutional investor base to Greencoat, though narrower in technology mix.

Broad incumbents

• SSE plc: UK-listed integrated utility with a major renewable generation portfolio (onshore and offshore wind, hydro). Co-owns assets with Greencoat (e.g., Cloosh Valley wind farm) and competes for European renewable acquisitions; broader portfolio includes regulated networks and thermal generation.
• Brookfield Renewable Partners: One of the world's largest publicly traded renewable energy platforms, operating utility-scale wind, solar, and storage globally. Overlap with Greencoat in onshore wind generation and renewable infrastructure investing, though at vastly greater scale and including hydro and offshore wind.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/greencoat-renewables-plc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds7 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Greencoat Renewables