REG - Greencoat Renewables - New Green Digital Infrastructure Platform Launch

Greencoat RenewablesAnnouncement

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RNS Number : 4011V  Greencoat Renewables PLC  05 March 2026

 

 

Greencoat Renewables New Green Digital Infrastructure Platform

 

Dublin, London, Johannesburg | 5 March 2026: Greencoat Renewables PLC
("Greencoat Renewables" or the "Company") today announces the launch of a new
green digital infrastructure platform and first investment, Drogheda Energy
Park.

 

Greencoat Renewables PLC, announces it is investing in its first green digital
infrastructure opportunity in Ireland and launching a new platform (the
"Platform") to capitalise on the opportunity of renewably powered data
centres.

 

The Platform will focus on opportunities where grid access, land and energy
infrastructure can be combined to serve the fast-growing and high energy
requirements of digital infrastructure, supporting AI-led growth, and will
leverage Greencoat Renewables' experience as one of Europe's leading listed
renewable infrastructure investors.

 

The Platform's first investment is Drogheda Energy Park, on Ireland's east
coast. The ambition of the Platform is to invest in further data centre
opportunities in Ireland and other European countries.

 

The platform is a 50:50 joint venture between Greencoat Renewables PLC and
Schroders Greencoat's evergreen vehicle, SCSL Global Energy Infrastructure.

 

Paul O'Donnell, Investment Manager at Schroders Greencoat, said:

 

"There is an exciting opportunity in integrating data centre demand with
renewable energy generation to support the rapid growth of AI driven digital
infrastructure. Building on our track record in renewable energy generation,
Drogheda Energy Park represents a logical next step for our business and a
blueprint for future investment opportunities.

 

Ireland is at the start of the next digital infrastructure investment cycle,
supported by innovative new Government policy. AI driven demand for data
centres, combined with the need to deliver sustainable energy solutions to
support the national grid, calls for trusted, experienced operators who can
deliver on Ireland's energy needs at scale. We are well positioned to deliver
large, high-impact projects that will boost energy security, support
digitalisation, and contribute to Ireland's net-zero ambitions."

 

Irish Market Opportunity

Ireland is one of the leading European markets for hyperscalers and large
energy users and is entering the next cycle of digital infrastructure
development following the Irish Government's recently launched Large
Energy-Users Action Plan (LEAP). LEAP is a pioneering framework for enabling
the build out of digital infrastructure in a way that minimises impacts on the
grid and supports national climate objectives. It has the potential to be
replicated throughout Europe and aligns closely with the Company's ambitions
for this Platform.

 

Energy supply and power management are considered the most complex and
value-critical part of delivering data centres and digital infrastructure at
scale, encompassing generation, grid connection, storage, balancing and
regulation. Greencoat Renewables has the scale, generation capacity,
relationships and grid expertise in Ireland to capitalise on this opportunity.

 

 

Drogheda Energy Park

The Platform's first investment will be Drogheda Energy Park, a measured but
strategically significant first step into a large and fast-growing market
opportunity. The Platform has acquired the Premier Periclase facility in
Drogheda, County Louth, approximately 40km north of Dublin. The site is a
brownfield industrial site located beside Drogheda Port, with access to
significant existing infrastructure. It will be developed as an integrated
energy park combining flexible on-site generation, storage, and advanced
grid-services capability. The site intends to source its electricity
requirements from renewable energy assets through corporate power purchase
agreements, decarbonising energy usage for co-located large energy users.
Drogheda Energy Park is at an advanced stage of planning consent for its
initial 36MW data centre project with significant local support for the
further development of the energy park.

The development of Drogheda Energy Park is also expected to support regional
investment and employment through the reuse and remediation of an established
industrial site.

 

 

-ENDS-

 

The Company has listings on the Alternative Investment Market of the LSE and
the Euronext Growth Market of Euronext Dublin and a secondary listing on the
Alternative Exchange of the JSE.

 

For further details contact:

 Schroders Greencoat LLP (Investment Manager)
 Bertrand Gautier                                          +44 20 7832 9400

 Paul O' Donnell

 Tom Rayner

 FTI Consulting (Investor Relations & Media)
 Melanie Farrell                                           +353 1 765 0883
 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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