Cathal Friel
Person
Cathal Friel is an Irish serial entrepreneur and the co-founder and Executive Chair of European Green Transition plc, a company focused on green-transition opportunities. He has also co-founded and chaired Poolbeg Pharma plc and Open Orphan plc, which is now hVIVO.
What Cathal Friel has said on podcasts
15 statements
EGT could reach £50 million turnover and substantial double-digit EBITDA profits next year
“I really would like to see if we could get hit the £50 million turnover next year and substantial double-digit EBITDA profits for next year.”
Open the episode · S11 Ep99: Midweek Takeaway featuring Cathal Friel Executive Chairman of European Green Transition plc #EGTListen at 2:34
Wind supplied 30% of Ireland’s national energy in the first half of 2026
“In the first half of this year, Ireland got 30% of its national energy from wind”
Open the episode · S11 Ep99: Midweek Takeaway featuring Cathal Friel Executive Chairman of European Green Transition plc #EGTListen at 3:47
Planning approvals for repowering projects usually take under two months
“In most cases, they're less than a couple of months.”
Open the episode · S11 Ep99: Midweek Takeaway featuring Cathal Friel Executive Chairman of European Green Transition plc #EGTListen at 4:58
EGT’s qualified repowering pipeline represents a £126 million opportunity
“we have 900 turbine clients, over a third of them, close to 280 are qualified, saying we would like to get involved in repowering. So that shows you the head of steam that's built up in the machine. Like that's an opportunity of 126 million.”
Open the episode · S11 Ep99: Midweek Takeaway featuring Cathal Friel Executive Chairman of European Green Transition plc #EGTListen at 5:23
EGT could rise from £50 million to £75–100 million market capitalisation
“Once you get the 50 million market cap, it's January. Easy to get to 75 and then 100 million.”
Open the episode · S11 Ep99: Midweek Takeaway featuring Cathal Friel Executive Chairman of European Green Transition plc #EGTListen at 6:43
Hundreds of billions will be spent rebuilding the UK national electric grid
“There's hundreds of billions going to be spent rebuilding the UK national electric grid.”
Open the episode · S11 Ep99: Midweek Takeaway featuring Cathal Friel Executive Chairman of European Green Transition plc #EGTListen at 7:30
EGT may add bolt-ons in grid or data-center electrical engineering
“hopefully over the months ahead, you'll see adding on something either in electrical engineering in building out of the grid or electrical engineering. in data centers, which had really turbocharged the story as well.”
Open the episode · S11 Ep99: Midweek Takeaway featuring Cathal Friel Executive Chairman of European Green Transition plc #EGTListen at 8:01
Repowering usually increases EGT’s annual service fees by at least 50%
“In most cases, it'll go up by at least 50%.”
Open the episode · S11 Ep99: Midweek Takeaway featuring Cathal Friel Executive Chairman of European Green Transition plc #EGTListen at 8:42
Animos software can serve any of the UK’s 15,000 distributed turbines
“Animus can go into any of the 15,000 distributed turbines throughout the UK.”
Open the episode · S11 Ep99: Midweek Takeaway featuring Cathal Friel Executive Chairman of European Green Transition plc #EGTListen at 9:50
EGT might spin Animos into a standalone public company within 12 months
“there's a chance, not saying we will do it at some stage in the next 12 months, we might spin animals into a standalone public company”
Open the episode · S11 Ep99: Midweek Takeaway featuring Cathal Friel Executive Chairman of European Green Transition plc #EGTListen at 10:36
Animos can predict turbine component failures requiring replacement
“Animus can predict when something's coming loose, when there's a barrier you need to replace it.”
Open the episode · S11 Ep99: Midweek Takeaway featuring Cathal Friel Executive Chairman of European Green Transition plc #EGTListen at 11:56
Animos can prevent $300,000–$400,000 turbine repair damage
“instead of paying $300,000 or $400,000 in destruction to repair it, Animus can avoid that.”
Open the episode · S11 Ep99: Midweek Takeaway featuring Cathal Friel Executive Chairman of European Green Transition plc #EGTListen at 12:02
Wind turbine outages can last for months and cause major costs
“when a turbine goes down, it can be actually offline for months and ends. So that's a huge cost base as well.”
Open the episode · S11 Ep99: Midweek Takeaway featuring Cathal Friel Executive Chairman of European Green Transition plc #EGTListen at 13:11
EGT’s service model avoids major capital-intensive investment
“we're avoiding major capital anything involves capital intensive it's this critical infrastructure providing services getting paid and long, long-term contracts.”
Open the episode · S11 Ep99: Midweek Takeaway featuring Cathal Friel Executive Chairman of European Green Transition plc #EGTListen at 15:18
Average wind turbine customers remain with service providers for decades
“The average wind turbine customer stays with people for decades.”
Open the episode · S11 Ep99: Midweek Takeaway featuring Cathal Friel Executive Chairman of European Green Transition plc #EGTListen at 15:29
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
