Stock · Euronext Dublin
Should you buy Greencoat Renewables stock?
An Irish-listed renewable-energy fund with a large wind and solar portfolio and a high dividend yield. Steady, contracted income, but growth is limited and the payout depends on power prices. Here is our rating and how to buy it.
Key points
- Euronext Dublin: GRP. ISEQ-listed renewable-energy fund, held in an ordinary brokerage account.
- High dividend yield (9.26% as of 30 May 2025), backed by contracted revenue.
- Owns 1.5 GW of wind and solar across 39 assets; low beta (0.16).
- An income vehicle, not a growth story: 2024 revenue fell 6.1%.
01Our review
Greencoat Renewables at a glance
Greencoat Renewables owns and operates a diversified portfolio of wind and solar assets, mainly across Ireland and continental Europe, and passes the cash they generate back to shareholders as dividends. As of the dated snapshot it held about 1.5 GW of installed capacity across 39 assets, with 84% of 2024 revenues and 75% of revenues through 2028 contracted, which gives the income good visibility. The trade-offs are typical of an infrastructure fund: the appeal is the high yield (9.26%) and low volatility (beta 0.16), not capital growth, and 2024 revenue declined 6.1% as power prices normalised. Dividend cover of 2.0x offers a cushion. A vehicle for income and diversification rather than for share-price appreciation.
Strengths
- High dividend yield: 9.26% as of 30 May 2025, supported by 2.0x dividend cover.
- Contracted revenue visibility: 84% of 2024 revenues and 75% through 2028 contracted.
- Diversified real assets: 1.5 GW across 39 wind and solar assets.
- Low beta (0.16): historically low correlation with the wider market.
Watch-outs
- Limited growth: 2024 revenue fell 6.1%; the case is income, not appreciation.
- Power-price and rate sensitivity: dividends depend on electricity prices, and yield vehicles are sensitive to interest rates.
02Snapshot
Greencoat Renewables in brief
Fundamentals verified as of 22 July 2026.
04Our verdict
Our verdict, backed by sources
High-yield income, limited growth
A steady, contracted renewable-energy fund with a high dividend yield and low volatility, but little capital growth and clear sensitivity to power prices and interest rates. A holding for income and diversification, sized as part of a broader portfolio rather than as a growth bet.
This is analysis, not advice. The bull case: Greencoat Renewables owns 1.5 GW of real, cash-generating assets with strong contracted visibility (84% of 2024 revenues, 75% through 2028) and pays a high dividend (9.26%) with 2.0x cover. Low beta (0.16) makes it a diversifier for an income-focused portfolio.
The bear case: 2024 revenue fell 6.1% as power prices normalised, growth is limited, and yield vehicles are sensitive to interest rates. Dividends ultimately depend on electricity prices and refinancing conditions.
Our take: a reasonable income holding backed by real assets, not a growth story. Judge it on yield sustainability and cover, not on price appreciation. As always, no invented price target.
05Get started
How to buy Greencoat Renewables stock
Two routes, both from regulated brokers. A broker comparison is further down.
Cash / spot
Buy the real share (cash)
You own the share and collect the dividends. Cost is a small commission per order; no FX conversion since it trades in EUR. Best for buy-and-hold income investors. Check how your account and Irish tax treatment apply to dividend income.
CFD (leveraged)
Trade via CFD (leverage)
A CFD tracks the price with leverage that amplifies gains and losses; costs are the spread plus overnight financing, which erodes an income position. Short-term, risk-aware traders only; most retail CFD accounts lose money.
For income investors, buying the real share in an ordinary brokerage account is simplest. Compare brokers on Euronext Dublin commissions and dividend handling below.
06Playbook
6 practical tips for buying Greencoat Renewables
-
Judge the yield's durability
Check dividend cover (2.0x) and contracted revenue rather than the headline yield alone.
-
Mind interest rates
High-yield infrastructure funds are sensitive to rate moves; expect the price to react.
-
Watch power prices
Revenue and dividends depend on electricity prices; 2024 revenue already fell 6.1%.
-
Treat it as income, not growth
The case is contracted dividends and diversification, not capital appreciation.
-
Mind tax on dividends
Dividend income is taxable; check how your account and Irish situation treat it.
-
Diversify
Even a low-beta fund is a single sector bet; size it within a broader portfolio.
08Where to invest
Where to buy Greencoat Renewables stock
For Greencoat Renewables, prioritise low Euronext Dublin commissions and clean dividend handling. Compare regulated brokers side by side.
Compare brokers for stocksGreencoat Renewables stock FAQ
- Yes, and the yield is high: 9.26% as of 30 May 2025, with a latest annual dividend of €0.0676 per share and dividend cover of 2.0x. Income is the core of the investment case.
- Dividend income and capital gains are taxable in Ireland, and the effective treatment depends on your situation and account type. Check with your broker or a tax adviser.
- We don't publish one. We refuse to invent a figure or a fake consensus. When a credible, sourced analyst consensus exists we may cite it with its date; otherwise we say we don't have one.
Why trust HelloBrokers on this
Independent editorial team. We are not paid by Greencoat Renewables, and we don't publish invented price targets or a fake bank consensus. Ratings follow our methodology; broker referrals (disclosed on each page) fund our work and never change our verdict.
This content is for information only and is not investment advice, a recommendation or a solicitation. Past performance does not predict future returns. Investing carries a risk of capital loss; CFDs amplify that risk. Do your own research and consider professional advice before investing.