We are an established pan-European player.

As of December 2024, we manage a portfolio of 40 renewable energy assets across six countries, with a total generating capacity of 1.5GW and a Gross Asset Value of €2.5 billion.

We aim to deliver attractive total returns to investors, with the majority of this coming via a dividend that has progressively increased since our launch in 2017.

Investor overview

Strategy

A highly contracted and well-diversified portfolio

We have built a highly contracted portfolio with over 70% of our revenues contracted for the long-term, creating a stable asset-base to deliver returns to shareholders. We focus on markets with established and robust regulatory frameworks, resulting in a well-diversified portfolio and access to a wide range of investment opportunities.

Deep presence across Europe

Our strong relationships with counterparties and developers throughout Europe position us to capture opportunities created by net zero targets. 

We operate in a growing ecosystem with attractive investment opportunities over the medium term, as political support for the energy transition across the EU looks to hit a minimum target of 42.5% of energy from renewable sources by 2030, up from 24.5% in 2023.

Proactively optimising the portfolio

A dedicated team of asset management professionals with deep technical and commercial expertise drive the delivery of innovative initiatives that enhance operational performance and unlock value. 

Prudent use of leverage

Supported by the highly-contracted revenues, the company makes prudent use of leverage to finance investments and to achieve target returns. Borrowing is at the Group level to maintain advantageous terms. The Investment Policy limits debt to 60% of GAV, though we target leverage materially below that limit taking into account revenue mix.

Investment policy

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The Company owns and operates a portfolio of renewable energy generation assets in Ireland and continental Europe through its subsidiaries, where there is a stable and robust renewable energy policy framework. Over time, the Company aims to achieve diversification principally through investing in a growing portfolio of assets across a number of distinct geographies and a mix of renewable energy technologies.

The Company, through its underlying subsidiaries, seeks to invest in assets with robust contractual structures that deliver long-term  predictable cash flows with the potential for asset management led value creation.