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GRP:  1,450   0 (0.00%)  04/12/2025 10:04

GREENCOAT RENEWABLES PLC - Appointment of Chair Designate

Release Date: 04/12/2025 09:00
Code(s): GCT     PDF:  
Wrap Text
Appointment of Chair Designate

GREENCOAT RENEWABLES PLC
(Incorporated in the Republic of Ireland)
Registration Number: 598470
LSE Share Code: GRP
Euronext Dublin Share Code: GRP
JSE Share Code: GCT
ISIN Code: IE00BF2NR112
LEI: 635400TVSIFFQOB8RB67
("GRP" or the "Company")

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 ---

The Company has primary 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.


4 December 2025

Sponsor
Valeo Capital Proprietary Limited

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


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.

Date: 04-12-2025 09:00:00
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