Greencoat Renewables Plc (DE:GRP) has released an update.
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Greencoat Renewables PLC reports strong performance for the first half of 2024, with 1,927 GWh of clean electricity generated and a net cash generation of €113.6 million. The company has a healthy dividend cover and has announced dividends of 3.37 cents per share. They have also continued to strengthen their financial position by securing a new €150 million debt facility and have actively managed revenues by signing a 10-year PPA with a leading data center in Ireland.
For further insights into DE:GRP stock, check out TipRanks’ Stock Analysis page.
