TIDMGRP

RNS Number : 6521U

Greencoat Renewables PLC

30 July 2020

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, BY ANY MEANS OR MEDIA, IN OR INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, NEW ZEALAND, JAPAN, OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

Net Asset Value and Dividend Announcement

Dublin, London, 30 July 2020: Greencoat Renewables PLC ("Greencoat Renewables" or the "Company") the renewable infrastructure company invested in euro-dominated assets, today announces that its unaudited Net Asset Value as of 30 June 2020 is EUR644.3 million (102.2c per share).

Net Asset Value

 
 Net Asset Value / Net Asset Value   EUR644.3 million / 102.2c 
  per share                           per share 
 Q2 Dividend/Dividend per share      EUR9.6 million / 1.515c 
                                      per share 
                                    --------------------------

The Company's June 2020 Factsheet is available on the Company's website, www.greencoat-renewables.com .

The Company also announces a quarterly interim dividend of 1.515c per share with respect to the quarter ended 30 June 2020.

Dividend Timetable

   Ex-Dividend Date                   6 August 2020 
   Record Date                           7 August 2020 
   Payment Date                        28 August 2020

--- ENDS ---

For further details contact:

 
Greencoat Capital LLP (Investment Manager) 
Bertrand Gautier 
 Paul O'Donnell 
 Tom Rayner                                              +44 20 7832 9400 
 
 
 
  FTI Consulting (Investor Relations & Media) 
Jonathan Neilan                                          +353 1 765 0886 
Melanie Farrell                                          greencoat@fticonsulting.com 
 
  Davy (Broker, NOMAD and Euronext Growth Adviser) 
  Fergal Meegan 
  Barry Murphy 
  Ronan Veale                                            +353 1 679 6363 
 
  RBC Capital Markets (Joint Broker) 
  Matthew Coakes 
  Jonathan Hardy 
  Elizabeth Evans                                          +44 20 7653 4000

About Greencoat Renewables PLC

Greencoat Renewables PLC is an investor in euro-denominated renewable energy infrastructure assets. Initially focused solely on the acquisition and management of operating wind farms in Ireland, the Company is now also investing in wind and solar assets in certain other Northern European countries with stable and robust renewable energy frameworks. It is managed by Greencoat Capital LLP, an experienced investment manager in the listed renewable energy infrastructure sector.

Forward Looking Statements and Important Information

This announcement may include statements that are, or may be deemed to be, "forward-looking statements", including terms such as "believes", "estimates", "anticipates", "expects", "intends", "may", "plans", "projects", "will", "explore" or "should" or, in each case, their negative or other variations or comparable terminology or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements include all matters that are not historical facts. By their nature, forward-looking statements involve risks and uncertainties because they relate to future events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance. The Company's actual investment performance, results of operations, financial condition, liquidity, distribution policy and the development of its financing strategies may differ materially from the impression created by, or described in or suggested by, the forward-looking statements contained in this announcement. In addition, this announcement may include target figures for future financial periods. Any such figures are targets only and are not forecasts. Subject to their legal and regulatory obligations, Greencoat Renewables, the Directors and Greencoat Capital LLP expressly disclaim any obligations to update or revise any forward-looking statement contained herein to reflect any change in expectations with regard thereto or any change in events, conditions or circumstances on which any statement is based.

The financial information contained in this announcement has not been audited or reviewed by Greencoat Renewables' auditors in accordance with the International Standards on Auditing (Ireland) or International Standard on Review Engagements.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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