Greencoat UK Wind (GB:UKW) has released an update.
Greencoat UK Wind PLC reported solid half-year results for 2024 with robust dividend growth and a strong net cash generation of £165.4 million. Despite lower wind and portfolio availability, the company delivered a resilient performance and a dividend cover of 1.5x. With the UK wind sector expected to grow significantly in the next decade, Greencoat UK Wind PLC is poised to capitalize on this expansion while supporting the UK’s net zero targets.
For further insights into GB:UKW stock, check out TipRanks’ Stock Analysis page.
