REG - Greencoat Renewables - Appointment of Chair Designate

Greencoat RenewablesAnnouncement

04/12/2025 07:00

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RNS Number : 1630K  Greencoat Renewables PLC  04 December 2025

 

 

Greencoat Renewables PLC

 

Appointment of Chair Designate

 

Bernard Byrne to succeed Rónán Murphy as Chair on 7 May 2026

 

Dublin, London, Johannesburg | 4 December 2025: Greencoat Renewables PLC
("Greencoat Renewables" or the "Company") announces that Rónán Murphy, who
has served as Chair and a Non-Executive Director since the Company's IPO in
2017, has confirmed his intention to retire at the conclusion of the 2026
Annual General Meeting ("AGM") on 7 May 2026.

 

Following a comprehensive selection process, led by the Nomination Committee,
Bernard Byrne has been appointed by the Board of Directors as Chair Designate.
He will succeed Rónán at the conclusion of the 2026 AGM. Bernard has served
as a Non-Executive Director and Chair of the Management Engagement Committee
since May 2025.

 

Bernard brings a wealth of finance and commercial experience, with a
successful track record of managing high-growth public, private and semi-state
organisations. Most recently, Bernard served as CEO of Davy, Ireland's largest
provider of wealth management and investment banking services.  Before
joining Davy, Bernard served as CEO of AIB Group plc, leading the successful
IPO of the bank in 2017 and having previously served as Director of Personal,
Business & Corporate Banking and Chief Financial Officer. Prior to this,
Bernard was Group Finance and Commercial Director at ESB, Deputy CEO and
Finance Director of IWP International plc, and Commercial Director of ESB
International.

 

Bernard currently serves as Chair of Cairn Homes plc, a leading listed Irish
housebuilder.

 

Rónán Murphy, Chair of the Board, commented:

 

"It has been an honour to serve as Chair of Greencoat Renewables since the
Company's IPO in 2017. I am immensely proud of what the Board and management
team have achieved since then, in building one of Europe's leading renewable
energy infrastructure companies. As we go through a transition period, I want
to thank my fellow Directors and our investment manager, Schroders Greencoat,
for their support and wish them every success as they continue to play a
leading role in enabling energy transition.

 

I am also delighted that Bernard will become my successor. Since joining the
Board, he has contributed immensely to our strategic analysis and direction,
and I am confident he will provide decisive leadership as Greencoat continues
to grow and deliver value for shareholders, notwithstanding the current
challenging marketplace."

 

Bernard Byrne, Chair designate, commented:

 

"It is a privilege to be appointed Chair of Greencoat Renewables. It has been
exciting to play a role as Director at one of Europe's leading listed
renewables companies since joining in May. Together with what is a proven and
experienced team at Greencoat, I am confident in our ability to continue to
capitalise on the opportunity to support the greening of Europe's power
generation and deliver value for shareholders.

 

On behalf of the Board and entire Greencoat team, I would like to extend my
sincere thanks to Rónán for his exceptional leadership over the past nine
years and I look forward to working closely with him through the transition
period."

 

--- ENDS ---

For further details contact:

 

 Schroders Greencoat LLP (Investment Manager)
 Bertrand Gautier
 Paul O'Donnell
 John Musk                                        +44 20 7832 9400

 FTI Consulting (Investor Relations & Media)
 Melanie Farrell                                  +353 86 401 5250
 Aoife Mullen                                     greencoat@fticonsulting.com (mailto:greencoat@fticonsulting.com)

 

About Greencoat Renewables PLC

Greencoat Renewables PLC is an investor in euro-denominated renewable energy
infrastructure assets. Initially focused solely on the acquisition and
management of operating wind farms in Ireland, the Company also invests in
wind and solar assets in certain other European countries with stable and
robust renewable energy frameworks. It is managed by Schroders Greencoat LLP,
an experienced investment manager in the listed renewable energy
infrastructure sector.

 

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