REG - Greencoat Renewables - Net Asset Value and Dividend Announcement

About this update from Greencoat Renewables Plc

RNS Number : 7968Q Greencoat Renewables PLC 29 January 2026 THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, BY ANY MEANS OR MEDIA, IN OR INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, NEW ZEALAND, JAPAN OR ANY OTHER JURISDICTION IN WHICH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.Net Asset Value and Dividend AnnouncementDublin, London, Johannesburg|29 January 2026: Greencoat Renewables PLC ("Greencoat Renewables" or the "Company") today announces that its unaudited Net Asset Value as of 31 December 2025 is €1,102 million (99.0c per share).Net Asset ValueNet Asset Value / Net Asset Value per share€1,102 million /99.0c per shareQ4 Dividend/Dividend per share €19.0 million / 1.70250c per shareFinancial and Operational Highlights· Resilient cash generation and robust dividend cover in low generation period o Q4 net cash generation of €27.7 million equating to 1.5x net dividend cover with Q4 generation 9.1% below budgeto Full year net cash generation of €114.6 million equating to 1.5x net dividend cover with net generation 10.4% below budget for full yearo 6.81 cent per share target dividend for 2025 met in full: Q4 dividend to be paid in Q1 2026o Target dividend for 2026 held flat at 6.81 cent· Proactive balance sheet management and strong liquidityo Extended existing €350 million RCF by 2 years to February 2028 on similar terms in H1 2025o Entered into swap agreements in July 2025 to fix 5-year interest rate on Facility A to 3.9% (vs GRP long term debt cost of debt assumption of 4.7%)o Weighted average cost of debt of 3.4% following the extension of Facility A effective from October 2025o Strong liquidity with total cash amounting to €138 million with €240 million of the €350 million RCF facility undrawn o Total debt amounting to €1,206 million equating to 52% gearing with debt repayments in the year totalling €57 milliono Total proceeds from disposal programme of more than €200 million since inception. Continuing to explore further disposals.· NAV underperformance partially offset by solid operating cash generation:o Q4 NAV down 2.5c at 99.0c:§ +2.4c Q4 cash generation, offset by -1.7c of dividends paid and -0.5c for depreciation§ -0.2c reflecting change in contracted discount rates in Germany and France§ -0.5c short term power price decrease§ -0.3c reduction of GoOs2 forecasts (...

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