In this episode of Trusts in Focus, we discuss the outcome of the UK government's consultation on renewables obligation certificates and how it affects the renewable energy infrastructure sector and, in particular, Greencoat UK Wind (UKW).
The government announced it would link renewable certificates to the consumer price index measure of inflation, instead of the retail price index. We explain what ROCs are, round up the consequences of this decision and how it has impacted UKW's net asset value and dividend policy.
00:00 Introduction
00:31 What is the renewable obligation scheme?
01:15 An overview of UKW's revenue stream
01:51 What the changes means for UKW's NAV and dividend policy
03:29 How UKW has delivered for shareholders since IPO
04:30 Further information
04:54 Risk warning
Please note that this video was recorded on 3 February 2026.