Greencoat Renewables Cdi — Net Asset Value and Dividend Announcement

(LSE:GRP) Greencoat Renewables PLC announced its unaudited Net Asset Value as of 30 June 2026 is €1,055 million (97.2c per share). The company declared a Q2 dividend of €18.5 million, or 1.70250c per share, with a 2026 target dividend of 6.81c per share maintained. €50 million of share buyback programmes have been announced since March 2026, representing 50% of the Company's announced €100 million capital return objective, with 27.0 million shares repurchased in H1 at an average discount of 25%. Q2 net cash generation was €13.7 million ahead of budget, and H1 net cash generation was €59.8 million in line with budget, with H1 net dividend cover of 1.6x. Total debt stands at €1,203 million, equating to 53% gearing, with €139 million of on balance sheet cash and €240 million undrawn RCF capacity. The company completed a step up to the Main Board of the Johannesburg Stock Exchange in May 2026. The company projects a full year dividend cover now expected to be 1.5x.