Renewable infrastructure company Greencoat Renewables will move onto the main board of the JSE, having been listed on the JSE's AltX since June 2025.

The company has also been listed on the Euronext Dublin Growth market and the LSE’s Aim market since 2017. It will reclassify and transfer its secondary listing on the AltX to a dual primary listing on the main board of the JSE.

Greencoat is investing in renewable electricity generation, battery storage and digital infrastructure assets across Ireland, France, Germany, Sweden and Spain.

With a market capitalisation of about R16.7-billion, Greencoat provides South African investors with access to a sizeable platform of highly cash generative renewable infrastructure assets, currently yielding about 9% in euros, it says.

The move follows receipt of all requisite approvals, including JSE and shareholder approval.

It also actively engaged with South African institutional investors, which reflects confidence in its established platform and track record.

The main board of the JSE provides the appropriate platform for further market visibility, investor access, all share index inclusion and greater trading liquidity, says Greencoat.

“We are pleased to proceed with our planned transfer to the main board of the JSE, following strong support from shareholders. This marks an important milestone in Greencoat's development as a listed company.

“We see the JSE main board listing as an appropriate exchange for a business of our scale and maturity, and one that aligns well with our long-term strategy,” says Renewables nonexecutive chairperson Bernard Byrne.

“The board remains focused on disciplined capital allocation and maintaining the resilience of our portfolio, while continuing to deliver attractive dividends for shareholders.”

Further, no new ordinary shares will be issued in connection with this reclassification and transfer, and the company will continue to maintain its listings on Euronext Growth in Dublin and the Aim in London, the company says.