Greencoat Renewables almost doubles profit in six months

Irish Times | Sep 13, 2021 at 9:39 AM
  • Renewable infrastructure company Greencoat Renewables almost doubled its profit in the first half of the year when compared with the six months previous, its interim results show.
  • The company made a profit after tax of €22.7 million in the six months to June 30th, 2021, as against €13.3 million in the six months to December 31st, 2020.
  • Cash balances, which include the group and the SPV wind farms was €49.2 million, which was an increase of €7.8 million over the six months.