10% drop in Greencoat Renewables' net cash generation to €113.6m in H1 2024, despite increased electricity generation.
Greencoat Renewables, a Dublin-listed energy firm, reported a nearly 10% drop in net cash generation for the first half of 2024, totaling €113.6 million, down from €125.5 million in 2023. Despite low wind conditions, electricity generation rose to 1,927 GWh, up from 1,489 GWh. The company remains optimistic about its future, highlighting strong growth potential in the renewable energy sector, according to Chairman Rónán Murphy.
September 16, 2024
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