Greencoat Capital

Name

Greencoat Capital

Legal name

Greencoat UK Wind PLC

Website

https://greencoat-ukwind.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Renewable Energy Infrastructure Fund Management

NAICS

Portfolio Management and Investment Advice (52394), Wind Electric Power Generation (221115)

SIC

Investment Advice (6282)

akta.pro primary industry

Renewables & Energy Transition Funds (Solar, Wind, Hydrogen, CCUS) (FSANAEAD)

akta.pro secondary industries

Sustainable Infrastructure & Resilient Cities Funds (FSANAJAC), Core Infrastructure Funds (Transport, Social, Digital, Utilities) (FSANAEAA)

Keywords

• Renewable energy investing
• Wind farm infrastructure
• Listed investment trust
• Sustainable asset management
• Infrastructure fund management

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Wind Farm Investment Returns: Revenue generated from ownership interests in operational UK wind farms. Income derived from electricity generation sales, ROC certificates, and CFD subsidies. The fund provides investors with annual dividends that increase in line with CPI/RPI while preserving capital value on a real basis.
2. Capital Appreciation: Net Asset Value (NAV) growth from appreciation of wind farm portfolio over time. NAV per share growth through disciplined acquisitions and active asset management.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Greencoat Capital (operating through Schroders Greencoat LLP) is a specialist asset manager dedicated to renewable energy infrastructure, managing the UK-listed investment trust Greencoat UK Wind PLC. The fund invests directly in operational onshore and offshore UK wind farms, providing investors with an annual dividend that increases in line with CPI/RPI while preserving capital value on a real basis through reinvestment of excess cashflow. The portfolio comprises 49 operating wind farms representing approximately 2 GW of installed capacity and GBP 9 billion of assets under management.

Product overview

Greencoat UK Wind operates as a single, unified listed investment fund focused exclusively on UK wind farm assets. The company manages a portfolio of 49 operating wind farms (both onshore and offshore), making it the largest listed renewable infrastructure fund in the UK by market capitalization. The fund provides investors with exposure to UK wind energy generation through direct ownership of wind farm stakes, offering dividend growth in line with RPI inflation and capital preservation over the long term. There are no distinct platform modules, sub-products, or add-on services—the offering is the fund itself and its portfolio management activities.

Differentiator

Problem solved

Functional benefit

Products and services

• Greencoat UK Wind Fund The UK's largest listed renewable infrastructure fund by market capitalization, exclusively focused on operational UK wind farms. Provides investors with annual dividends increasing in line with CPI/RPI while preserving capital value on a real basis through reinvestment of excess cashflow. Suitable for institutional and retail investors seeking direct exposure to UK wind generation assets.

Quantifiable outcome

• 5,484 GWh of renewable electricity generated in 2024
• +3 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• RWEcoreChannel Partner/ Reseller/ Distributor · 23 November 2020Seller of 49% stake in Humber Gateway offshore wind farm for £500m. RWE retains 51% and continues to provide operation, maintenance and management services.
• ØrstedcoreStrategic or Co-development Partner · 1 September 2020Operator and manager of Walney offshore wind farm (25.1% interest acquired from SSE). Also operator of Burbo Bank Extension. Provides turbine operation and maintenance services.
• Statkraft UK LimitedminorChannel Partner/ Reseller/ Distributor · 5 October 2018Seller of Windy Rig, Twentyshilling, and Andershaw wind farms. Manages construction and provides route-to-market and operational management services.
• EDF Energy RenewablescoreChannel Partner/ Reseller/ Distributor · 1 November 2017Seller of 80% stake in five wind farms (Deeping St Nicholas, Red House, Glass Moor, Red Tile, Bicker Fen) for £98 million. EDF group retains 20% interest and provides asset management, operations, and power sales services.
• SSEcoreStrategic or Co-development Partner · 14 March 2016Major utility partner and seller of interests in Clyde, Stronelairg, Dunmaglass, Slieve Divena II, and other wind farms. SSE continues to operate assets and provide turbine operation and maintenance services.
• BayWa r.e.minorChannel Partner/ Reseller/ Distributor · 26 November 2015Seller and constructor of Stroupster Wind Farm. Fourth wind farm acquired from BayWa r.e. following Cotton Farm, Earl's Hall Farm, and Kildrummy acquisitions.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Brookfield Renewable Partners: One of the world's largest publicly listed renewable energy platforms, operating a global portfolio of hydro, wind and solar assets. Much broader and globally diversified than Greencoat UK Wind but competes for the same long-duration infrastructure capital and asset rotation opportunities.

Direct peers

• SDCL Energy Efficiency Income Trust: LSE-listed investment trust with exposure to energy efficiency, CHP and distributed generation assets, with a renewables and infrastructure overlay. Comparable listed fund structure and institutional investor base.
• JLEN Environmental Assets Group: LSE-listed environmental infrastructure fund with wind, solar, anaerobic digestion and other renewable assets, primarily in the UK. Similar dividend mandate, scale and listed fund structure.
• Harmony Energy Income Trust: LSE-listed fund dedicated to UK renewable energy generation, with a heavy weighting to wind (including a stake in the Hornsea 1 offshore wind farm alongside UKW). Directly competes for similar assets and institutional capital.
• NextEnergy Solar Fund: LSE-listed solar-focused infrastructure fund. Same listed fund vehicle, similar institutional retail investor mix, comparable dividend model and UK operational asset base, providing a useful solar analog to UKW's wind focus.
• Octopus Renewables Infrastructure Trust: LSE-listed renewables infrastructure fund managed by Octopus Investments, with a portfolio spanning UK and European wind, solar and battery assets. Comparable structure, target returns and investor base to Greencoat UK Wind.
• Bluefield Solar Income Fund: LSE-listed solar infrastructure investment trust with a UK portfolio of operational solar PV assets. Directly comparable listed fund structure, RPI-linked dividend policy and target investor base, despite a solar rather than wind asset focus.
• The Renewables Infrastructure Group (TRIG): LSE-listed investment company focused on renewable energy infrastructure (onshore and offshore wind, solar) in the UK and OECD Europe. Closest direct peer to Greencoat UK Wind, with a similar inflation-linked dividend mandate and a comparable portfolio of operating wind assets.
• Aquila European Renewables Income Fund: London-listed fund focused on wind, solar and biomass across continental Europe. Highly comparable listed fund structure, dividend policy and operating asset focus, albeit with a wider European geographic footprint than UKW.
• Foresight Solar Fund: LSE-listed solar infrastructure fund managed by Foresight Group with UK and increasingly European assets. Comparable listed vehicle, dividend structure and long-duration contracted cash flow profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/greencoat-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments10 records

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

Frequently asked questions about Greencoat Capital