Greencoat Renewables eyes acquisition opportunities across Europe

Irish wind farm operator made its first foray outside of Ireland last year with the purchase of a wind farm in France

Irish wind farm operator Greencoat Renewables is eyeing further expansion – both geographically and into other renewable technologies.

The company, which owns a number of wind farms in Ireland, reported a near 71% year-on-year increase in pre-tax profit, to €22.7m, for the first half of this year. Return on investment surged from €21.7m to €33m.