Dublin, London, Johannesburg | 14 September 2026: Greencoat Renewables PLC (“Greencoat Renewables” or the “Company”) today announces its results for the six months ended 30 June 2026 (“Interim Results”).

2026 Interim Results Highlights

• Net cash generation of €59.8 million equating to robust net dividend cover of 1.6x, and Illustrative five-year contracted cash flow profile of 73% through to 31 December 2030, providing meaningful revenue visibility
• Profit for the period after tax increased to €11.9 million (June 2025: €68.0 million loss after tax)
• Earnings and headline earnings increased to 1.08 cents per share (June 2025: 6.11 cents loss per share)
• Dividends of 3.41 cents per share paid or declared with respect to the period, in line with the full year dividend target (June 2025: 3.41 cents per share)
• €50 million of share buyback programmes announced since March 2026, with 36,059,472 million shares repurchased at a cost of €27.3 million as of 10 September 2026
• 1,851 GWh of renewable electricity generated during the period, with production 6% below budget due to lower wind resource predominantly in Q1. Ireland, which represents the majority of total revenues performed in line with expectations
• Progressing portfolio optimisation, asset disposals, hybridisation and development opportunities as planned
• Launched a Green Digital Infrastructure Platform on a 50:50 basis with funds managed by Schroders Greencoat
• NAV per share of 97.2 cents (December 2025: 99.0c)
• Aggregate Group debt of €1,203 million, equivalent to 53.3% of GAV, remaining well within 60% investment policy limit
• Agreed an accretive short-term PPA for merchant volumes in Germany shortly after period end, demonstrating continued progress on the Company's recontracting strategy, increasing illustrative five-year contracted cashflow profile to 75%
• Completed the step up to the Main Board of the Johannesburg Stock Exchange as part of the Company’s wider equity capital markets strategy

Bernard Byrne, Non-Executive Chairman of Greencoat Renewables, commented:

The first half of 2026 demonstrated the resilience of Greencoat Renewables' portfolio and business model. While generation was modestly below budget overall, our home market of Ireland, which accounts for the majority of the Group's revenues, performed in line with expectations and underpinned strong cash generation and robust dividend cover.

In March, we introduced a revised capital allocation framework with a self-funded plan designed to enhance shareholder returns while maintaining balance sheet discipline and supporting long-term value creation. Since then, we have announced €50 million of share buyback programmes, representing half of our €100 million capital return objective. Alongside this, we have continued to advance portfolio optimisation and , initiated formal asset sale processes, whilst assessing hybridisation and development opportunities that have the potential to create additional sources of future value.

The Board remains focused on disciplined capital allocation, maintaining a resilient balance sheet and delivering sustainable long-term value for shareholders, while positioning the Company to benefit from the opportunities for growth arising from the energy transition.

Key Metrics

2026 Interim Report