Greencoat Renewables, an owner and operator of renewable energy infrastructure in Europe, is applying for a secondary listing on the JSE’s Alternative Exchange, with a listing planned for later this year.
The company, already listed in London and in Dublin, Ireland, has a market capitalisation of approximately €850 million (R17.23 billion) and its operations span five European jurisdictions, including wind farms, solar farms, and battery storage assets.
As evidence of its growth, the company started out with only one energy asset in Ireland in 2017, the chief financial officer Diarmuid Kelly said in an interview. Its share price in London on Tuesday was €0.77.
“Rapidly growing commercial demand for clean energy, accelerated by the hyper-scaling of AI and data centres, is supporting existing political support for the energy transition, with…