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DUBLIN, LONDON - Greencoat Renewables PLC, the European renewable energy infrastructure investor, has announced its intention to apply for a secondary inward listing on the Johannesburg Stock Exchange’s Alternative Exchange (JSE). The move aims to tap into the South African capital market and comes amid interest from institutional investors in the region.
The company, which is already listed on the Euronext (EPA:ENX) Growth Market in Dublin and the Alternative Investment Market in London, is not planning to issue new shares in conjunction with the JSE listing. Instead, the listing is expected to enhance shareholder liquidity, diversify its investor base, and support future growth.
The process for the listing is well underway, with regulatory approvals in South Africa progressing. The listing is anticipated to be effective later in the year. Valeo (EPA:VLOF) Capital Proprietary Limited has been appointed as the sole Corporate Advisor and JSE Sponsor for this initiative.
Greencoat Renewables believes that the listing will provide access to a new and deep capital market and that its track record of high cash generation and progressive distributions will be appealing to South African investors looking for Euro-denominated returns.
Non-Executive Chairman Ronan Murphy expressed optimism about the listing, stating that the company’s strong financial performance positions it well to attract local investors and support its growth strategy.
This strategic move is based on the company’s statement released on May 13, 2025, and does not involve the placement or issuance of new shares. Greencoat Renewables’ decision reflects their confidence in the renewable energy sector’s potential and their commitment to expanding their investor base internationally.
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