Capital Allocation

·    The Company declared total dividends of 5.18 pence per share with respect to the period and paid a dividend of 2.50 pence per share with respect to Q4 2024 in the period.

·    During the period the Company has bought back 35 million of its own shares at an average cost of 115 pence per share.

·    Post period end, the Company announced part disposals of three wind farms for £181 million which will bring total divestments in the past year to £222 million.

·    Aggregate Group Debt was £2,254 million as at 30 June 2025, equivalent to 41.5 per cent of GAV. Were the proceeds of the disposals announced today applied to debt repayment, pro forma gearing would stand at 39.5 per cent.

Commenting on today’s results, Lucinda Riches, Chairman of Greencoat UK Wind, said:

““The Board and the Investment Manager remain fully aligned with investors and continue to focus on driving long-term shareholder value through proactive capital allocation and active asset management. We are pleased to have announced further disposals, delivered at NAV, which will bring total divestment proceeds to £215 million.

Despite lower portfolio generation due to low wind, the Group delivered robust cash generation of £163 million to achieve dividend cover of 1.4x. The team continues to progress a number of key initiatives aimed at optimising asset performance and enhancing long-term value.

We are an established leader in the sector, with a simple, low risk and proven model, a substantial portfolio of high-quality assets, and an attractive net return for investors. We remain confident in our ability to deliver on our objectives of growing the dividend in line with RPI and capital preservation over the long term and extend our track record of outperforming our peers.”

Dividend Announcement

The Company also announces a quarterly dividend of 2.59 pence per share in respect of the period from 1 April 2025 to 30 June 2025.

Dividend Timetable

Ex-dividend date:        14 August 2025

Record date:               15 August 2025

Payment date:             29 August 2025