Overview
The Renewables Infrastructure Group seeks to provide investors with long-term, stable dividends, whilst preserving the capital value of its investment portfolio through investment, principally in a range of operational assets which generate electricity from renewable sources, with a particular focus on onshore wind farms and solar PV parks. The Company is targeting an initial annualised dividend of 6 pence per Ordinary Share and will aim to increase this dividend progressively in line with inflation over the medium term. The Company will target an IRR in the region of 8 to 9 per cent. (net of expenses and fees) on the Issue Price of its Ordinary Shares to be achieved over the longer term via active management of the investment portfolio and reinvestment of excess cash flow.
You can access the fund’s website here
Research History
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03 Nov 2023 1 min read
Interview with Minesh Shah from Renewables Infrastructure Group
In this week’s show, James Carthew spoke to Minesh Shah from Renewables Infrastructure Group. If you were looking for the first part of QuotedData’s show, focused on the roundup of the week’s news, click here. If there is a guest speaker you’d particularly like to hear from, please email us on [email protected]. Additionally, if you would prefer […]
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26 May 2021 1 min read
QuotedData’s Spring Webinar Series – Renewables playback
On 26th May 2021, QuotedData hosted the last of three Spring webinars. This webinar was focused on Renewables and included presentations and Q&As from 4 investment companies’ managers, covering different aspects of this area. We were also joined by Dr JJ Traynor of Hydrogen One Capital who provided his insights into the hydrogen market. We would like […]
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10 Mar 2020 6 min read
QuotedData’s Economic Roundup – March 2020
Economic & Political Roundup Kindly sponsored by Polar Capital and Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you […]
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24 Jan 2020 20 min read
QuotedData’s Investment Companies Annual Review – 2019
In this issue The sector at the end of 2019 Performance data Performance by sector and fund Money in and out of the sector Money in and out of existing funds Money coming into existing funds Money going out of existing funds Liquidations, de-listings and trading cancellations Significant rating changes Major news stories Outlook for […]
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11 Sep 2019 3 min read
QuotedData’s investment companies roundup – September 2019
Investment Companies Roundup Kindly sponsored by Baillie Gifford New research Over August, we published notes on Aberdeen Emerging Markets and JLEN Environmental Assets . You can read all these notes by clicking on the links above or by visiting www.quoteddata.com. In this issue Performance data – appetite for risk was generally down in August, as […]
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3 min read
QuotedData’s economic roundup – September 2019
Economic & Political Roundup Kindly sponsored by Polar Capital and Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you […]
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12 Jul 2019 6 min read
Quarterly investment companies roundup – Second quarter 2019
Quarterly investment companies roundup – Second quarter 2019 QuotedData news Global equities re-found momentum in June after a cautious April and May. How much longer this ten-year bull market can sustain itself continues to be the subject of much debate. The prospect of interest rate cuts in the US has re-invigorated sentiment for the time […]
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08 May 2019 3 min read
QuotedData’s investment companies roundup – May 2019
Investment Companies Roundup New research Over April, we published notes on Henderson Diversified Income, Ecofin Global Utilities and Infrastructure, Jupiter Emerging and Frontier Income, Seneca Global Income & Growth and Polar Capital Global Financials Trust. You can read all these notes by clicking on the links above or by visiting www.quoteddata.com. In this issue Performance data – it was […]
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22 Mar 2019 2 min read
QuotedData’s economic roundup – March 2019
QuotedData’s economic roundup – March 2019 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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1 min read
QuotedData’s investment companies roundup – March 2019
QuotedData’s investment companies roundup – March 2019 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of February 2019. Kindly sponsored by Baillie Gifford. JPMorgan Chinese, Fidelity China and Pacific Horizon benefited from a booming Chinese market in […]
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16 Oct 2018 2 min read
Quarterly Investment Companies Roundup – Third Quarter 2018
Quarterly Investment Companies Roundup – Third Quarter 2018 Global equities delivered positive returns over the third quarter of 2018. This was principally because of strength in the US market. Political uncertainty and concerns about global trade held back other regions. Generally, government bond yields rose over the quarter. The UK equity market fell as the Bank of […]
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14 Sep 2018 2 min read
QuotedData’s Economic round up – September 2018
QuotedData’s Economic round up – September 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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1 min read
QuotedData’s investment companies roundup – September 2018
QuotedData’s investment companies roundup – September 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of August 2018. Kindly sponsored by Baillie Gifford. Money raised and returned in August GRIT Real Estate Income floated on the UK Stock Exchange in […]
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15 Aug 2018 1 min read
QuotedData’s investment companies roundup – August 2018
QuotedData’s investment companies roundup – August 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of July 2018. Kindly sponsored by Baillie Gifford. Money raised and returned in July Tritax EuroBox raised its maximum target of £300 million in an […]
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18 Jul 2018 2 min read
Quarterly Investment Companies Roundup – Second Quarter 2018
QUARTERLY INVESTMENT COMPANIES ROUNDUP – SECOND QUARTER 2018 Global equities markets rose in the second quarter of 2018, Markets were volatile, as positive economic data and encouraging company performances played off against geopolitical concerns. Yields from bond markets rose early in the quarter but fell back as investors turned to ‘safer’ investments. The threat of […]
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11 Jul 2018 1 min read
QuotedData’s investment companies roundup – July 2018
QuotedData’s investment companies roundup – July 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of June 2018. Kindly sponsored by Baillie Gifford. July Investment Companies Roundup Money raised and returned in June Newcomer to the market, Yew Grove […]
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25 Apr 2018 1 min read
Quarterly investment companies roundup – First quarter 2018
Quarterly investment companies roundup – First quarter 2018 Quarterly investment companies roundup – First quarter 2018 – Global equity markets declined in the first quarter of 2018. Concerns about US interest rate rises were the feature of the first half of the quarter. However, worries about global trade took over in the second part, particularly […]
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13 Mar 2018 1 min read
QuotedData’s Economic round up – March 2018
QuotedData’s economic round up – March 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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07 Feb 2018 2 min read
QuotedData investment companies roundup – February 2018
QuotedData investment companies roundup – February 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of January 2018. Kindly sponsored by Baillie Gifford. The oil price was up again over the month and this helped propel […]
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18 Jan 2018 1 min read
QuotedData – 2017 review of the year
QuotedData – 2017 review of the year – Many commentators, including us, were wary going into 2017. In the event, economic growth and markets surprised on the upside: US markets hit new highs despite three interest rate rises. Perceived low/no growth areas such as Europe and Japan burst into life. Asia’s technology stocks surged. India’s […]
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19 Oct 2017 1 min read
Quarterly investment companies roundup – Third quarter 2017
Quarterly investment companies roundup – Third quarter 2017 – Markets moved up a little over the course of the three months ended 30 September 2017. Regionally, emerging markets did well. The pound strengthened a bit relative to the US dollar but was flat against the euro. The oil price rose by more than 20%. In […]
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14 Sep 2017 1 min read
QuotedData investment companies roundup – September 2017
QuotedData investment companies roundup – September 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of August 2017. Kindly sponsored by Baillie Gifford. September Investment Companies Roundup Winners and losers in August Ashmore Global’s […]
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10 Apr 2017 1 min read
QuotedData investment companies roundup – April 2017
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of February 2017. Kindly sponsored by Baillie Gifford. April Investment Companies Roundup
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15 Mar 2017 1 min read
QuotedData’s round up of views on the global economy – March 2017
A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the companies mentioned. Kindly sponsored […]
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27 Oct 2016 1 min read
Quarterly investment companies roundup – Third quarter 2016
Q3 saw the market adapt to life post the UK’s EU referendum. Sterling continued to fall but most stock markets stabilised and discounts narrowed across most sectors. While the US election is dominating headlines, it does not seem to be having much impact on markets so far. q3-quarterly-roundup
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13 Oct 2016 1 min read
QuotedData investment companies roundup – October 2016
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of September 2016. october-investment-companies-roundup
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27 Apr 2015 1 min read
The importance of income – where to find it?
Life used to be simpler. If you had a bit of spare cash or you wanted to save up for something you’d just stick some money in a bank or building society account. If you had a nest egg and wanted to invest it in something safe and live off the income, you’d maybe buy […]
News
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09 Aug 2024 1 min read
QuotedData’s morning briefing 9 August 2024 – MYI, TRIG, GCP
In QuotedData’s morning briefing 9 August 2024: Murray International (MYI) announced its interim results for the six month period to 30 June 2024. The NAV total return was 5.5% compared with 12.2% for the company’s reference index. The share price total return was 0.5%, as the discount to the NAV widened from -4.0% at 31 […]
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01 Aug 2024 1 min read
Renewables Infrastructure Group sells stake in offshore wind farm to fund share buyback
The Renewables Infrastructure Group is selling a 15.2% equity interest in the 330MW Gode offshore wind farm in Germany for €100m. The buyers are funds managed by Equitix Investment Management Ltd. The price is a 9% premium to carrying value. The company is retaining a 9% stake in the project. That will bring funds freed […]
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02 May 2024 1 min read
QuotedData’s morning briefing 2 May 2024 – EAT, TRIG, API
In QuotedData’s morning briefing 2 May 2024: European Assets Trust (EAT) announced that Mine Tezgul will succeed Sam Cosh as the company’s lead investment manager with immediate effect. Mine Tezgul is a portfolio manager in the European equities team and head of European small cap equities. Mine joined the manager in 2018 as an equity […]
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12 Mar 2024 1 min read
TRIG sells a windfarm for 15% more than its previous valuation
The Renewables Infrastructure Group (TRIG) says that it has exchanged contracts for the sale of its 100% equity interest in Pallas, an onshore wind farm located in the Republic of Ireland, for a consideration of €62m. The proceeds from the sale represent a 15% premium to the last published valuation as at 31 December 2023. The […]
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01 Mar 2024 1 min read
QuotedData’s weekly news show 1st March 2024
Thank you to everyone that listened in today, whether you watched the Zoom live or on YouTube. In this week’s show, Matthew Read covered the week’s top stories: • HICL Infrastructure (1:10) • Renewables – Bluefield Solar Income (4:48), TRIG (9:46), Greencoat UK Wind (10:31) • Property – SEGRO (11:11), Hammerson (12:14) Andrew McHattie reflected […]
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28 Feb 2024 2 min read
TRIG reports strong underlying performance despite challenging macro
The Renewables Infrastructure Group (TRIG) has announced its annual results for the year ended 31 December 2023, which marks ten years since the company’s launch in 2013. Richard Morse, the company’s chairman, says that the underlying performance is strong, cash generation has never been healthier and the managers have been working hard to create additional […]
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13 Feb 2024 2 min read
QuotedData’s morning briefing 13 February 2024 – JGGI, TRIG, INOV, BPCR
In QuotedData’s morning briefing 13 February 2024: JPMorgan Global Growth & Income (JGGI) announced a placing and retail offer of shares in light of the ongoing demand in the market (with a total of 50,975,336 JGGI shares being issued over the last 12 months) and a recent approach by a large wealth manager who has […]
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27 Oct 2023 3 min read
QD view – is there an easy fix to the sector’s discount problem?
Like me, you may have been looking at your portfolio of investment companies over the past 18 months or so and swinging between despair and puzzlement. I keep asking the question, how can so many ostensibly good companies be so out of favour? Take Greencoat UK Wind, for example, which I bought for my portfolio […]
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21 Aug 2023 1 min read
QuotedData’s morning briefing 21 August 2023
In QuotedData’s morning briefing 21 August 2023 The Renewables Infrastructure Group (TRIG) has announced that is has deposed of three of its onshore wind farms. The sites are located in Ireland and were sold at a combined consideration of c. €25m, a 26% premium to their last valuation which was made on 31 December 2022. […]
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11 Aug 2023 4 min read
QD view – Diversity rules for The Renewables Infrastructure Group
As we have noted on several occasions over the past few months, despite poor share price returns, the underlying fundamentals of the renewable energy sector remain strong, particularly for those companies benefitting from inflation-linked subsidies and exposure to wholesale power prices. In many cases, these tailwinds have more than offset the adverse impact of rising […]
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4 min read
QD view – Renewables – an inevitable part of our future?
For some time, the trajectory of renewable energy infrastructure trusts appeared inexorable: the march to decarbonisation was inevitable, government backing a given and the regulatory environment supportive. However, in spite of some significant financial backing for renewable energy development, global governments appear to be wavering on their commitment to net zero, and the public backlash […]
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07 Jun 2023 1 min read
QuotedData’s morning briefing 7 June 2023
Pantheon Infrastructure (PINT) announced a £52.5m increase to its existing £62.5m multicurrency revolving credit facility bringing the total to £115m. The increase in the loan facility provides the company with additional liquidity to support further investment in high-quality infrastructure assets from PINT’s near-term investment pipeline. The loan facility is currently undrawn. abrdn Diversified Income and […]
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27 Mar 2023 2 min read
QuotedData morning briefing 27 March 2023
In QuotedData’s morning briefing for 27 March 2023: The Renewables Infrastructure Group (TRIG) has entered into a corporate Power Purchase Agreement with BT Group for Blary Hill onshore wind farm. Pricing has been agreed for the duration of the 10-year PPA on pay-as-produced terms. Located in Scotland, the windfarm has a 35MW capacity, consists of […]
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22 Feb 2023 4 min read
The Renewables Infrastructure Group delivers strongest results since IPO
The Renewables Infrastructure Group (TRIG) has announced its annual results for the year ended 31 December 2022. The company’s chairman, Richard Morse, says that the results have been the strongest in TRIG’s history since its IPO and that this has been against a challenging macro-economic backdrop, demonstrating the inherent quality of the TRIG’s portfolio and […]
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20 Dec 2022 2 min read
Renewables Infrastructure ups exposure to German offshore wind
The Renewables Infrastructure Group (TRIG) has exchanged contracts to acquire a further 11% equity interest in the Merkur offshore wind farm, located in the German North Sea. This incremental investment is approximately 2% of TRIG’s portfolio value. Upon completion TRIG will hold a 36% equity interest in Merkur, the total stake in the project will […]
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25 Nov 2022 1 min read
QuotedData’s weekly news show 25th November 2022
Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on YouTube. In this week’s show, James Carthew covered the week’s top stories: • Renewables/infrastructure NAVs • Digital 9 Infrastructure • NB Global Monthly Income • Home REIT This week’s interview was with Bruce Stout from Murray International […]
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26 Sep 2022 2 min read
QuotedData’s morning briefing 26 September 2022
In QuotedData’s morning briefing 26 September 2022 India Capital Growth (IGC) had a difficult start to 2022, underperforming the BSE Midcap total return index by 6.2% over the six months ended 30 June 2022. The trust returned -14.7% in NAV terms and -19.8% in share price terms (and that is after benefitting from a 4.3% […]
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08 Sep 2022 1 min read
Renewables Infrastructure makes battery storage investment
The Renewables Infrastructure Group says that it has exchanged contracts to acquire the right to develop three battery storage sites in the North of England. Two of the projects, which when built will total about 165MW with a two-hour duration, are scheduled for grid connection and commencement of operations in 2024 and 2025. The third site, […]
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05 Aug 2022 4 min read
QuotedData’s morning briefing 5 August 2022
In QuotedData’s morning briefing 5 August 2022: Fidelity European (FEV) has announced its interim results for the six months ended 30 June 2022. During the period, FEV’s total return was -12.0%, which it says compares to a total return of -15.1% for the FTSE World Europe (ex UK) Index which is the Company’s Benchmark Index. […]
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20 Jul 2022 2 min read
QuotedData’s morning briefing 20 July 2022
In QuotedData’s morning briefing 20 July 2022: The Renewables Infrastructure Group (TRIG) has exchanged contracts to acquire a further 2.4% equity interest in the Hornsea One offshore wind farm from Global Infrastructure Partners (from whom the company announced the acquisition of its original stake in March 2022). Upon completion of this incremental investment, TRIG will […]
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24 May 2022 1 min read
Renewable energy funds hit by windfall tax rumour
A story in today’s Financial Times seems to have triggered a slide in the share prices of a number of renewable energy companies. Rishi Sunak is said to be exploring the possibility of a windfall tax on all energy generating companies, including those in the renewable energy sector, as well as oil and gas companies. […]
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01 Apr 2022 1 min read
TRIG acquires 49% interest in Spanish solar park, Project Valdesolar
The renewables Infrastructure Group (TRIG) has announced that it has acquired a 49% equity interest in Project Valdesolar, an operating solar park in the province of Badajoz, Spain, from Repsol (a Spanish-listed global energy company). Valdesolar represents approximately 3% of TRIG’s portfolio, by value and, following this acquisition, Spain represents 8% and solar photovoltaic (PV) […]
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18 Mar 2022 1 min read
QuotedData’s weekly news show 18th March 2022
Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on YouTube. In this week’s show, James Carthew covered the week’s top stories: • Fundsmith Emerging Equities • Renewables Infrastructure • Raven Property This week’s interview was with Tom Moore and Henrik Dahlström of Downing Renewables Infrastructure. – […]
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17 Mar 2022 2 min read
Renewables Infrastructure raising cash to invest in Hornsea One
Renewables Infrastructure raising cash to invest in Hornsea One – The Renewables Infrastructure Group has exchanged contracts to acquire a 7.8% equity interest in the Hornsea One offshore wind farm in the UK from Global Infrastructure Partners. Following completion of the transaction, which is expected to take place at the end of H1 2022, Hornsea […]
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18 Feb 2022 1 min read
QuotedData’s weekly news show 18th February 2022
Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on YouTube. In this week’s show, James Carthew covered the week’s top stories: • Honeycomb • Credit ratings for CSH and SUPR • NextEnergy Solar/TRIG This week’s interview was with Carlos Hardenberg of Mobius Investment Trust – watch […]
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3 min read
Renewables Infrastructure Group benefits from power prices, near-term inflation and active portfolio management
The Renewables Infrastructure Group (TRIG) has announced its annual results for the year ended 31 December 2021, during which it has provided an NAV total return of 9.5%. Its chairman, Helen Mahy CBE, says that this sold performance reflects the Managers’ continuing work to enhance the portfolio (organically and through acquisitions), the sustained market demand […]
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15 Sep 2021 2 min read
QuotedData’s morning briefing 15 September 2021
In QuotedData’s morning briefing 15 September 2021: The Renewables Infrastructure Group (TRIG) has announced the results of its issue (by way of placing) under the its Share Issuance Programme and PrimaryBid Offer announced on 31 August 2021.TRIG will issue 161,290,323 New Ordinary Shares at 124 pence per share, raising gross proceeds of £200m in aggregate. […]
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06 Sep 2021 3 min read
QuotedData’s morning briefing 6 September 2021
In QuotedData’s morning briefing 6 September 2021: Late on Friday Custodian REIT (CREI) and Drum Income Plus REIT (DRIP) announced they had reached agreement on a recommended all-share acquisition of DRIP by CREI. DRIP shareholders will be entitled to 0.53 new CREI shares for each DRIP share, which values DRIP at £21.4m based on the closing […]
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31 Aug 2021 1 min read
QuotedData’s morning briefing 31 August 2021
In QuotedData’s morning briefing 31 August 2021: The Renewables Infrastructure Group (TRIG) has announced a conditional offer for subscription via PrimaryBid of new ordinary shares of nil par value each. They will be issued at a price of 124 pence, being a discount of 3.6% to the mid-market closing share price of 128.6p on 27 August and a discount […]
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21 Jun 2021 3 min read
QuotedData’s morning briefing 21 June 2021
In QuotedData’s morning briefing 21 June 2021: JZ Capital Partners (JZCP) has sold its portfolio holding Salter Labs, for approximately $41m. The company’s interest in Salter Labs is currently valued at around $37.6m. Further proceeds of approximately $750,000 have also been placed in escrow whereby some or all, depending on the outcome of certain closing adjustments, […]
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01 Jun 2021 2 min read
QuotedData’s morning briefing 1 June 2021
In QuotedData’s morning briefing 1 June 2021: Blackstone Loan Financing has announced plans for a share repurchase programme to repurchase ordinary shares within certain pre-set parameters, following the expiry of the previous programme on 26 May 2021. The new share repurchase programme will start today and will run until the company’s upcoming AGM on 23 July […]
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27 May 2021 2 min read
Renewables Infrastructure Group acquires two Swedish wind farms
Renewables Infrastructure Group acquires two Swedish wind farms – The Renewables Infrastructure Group has announced it has exchanged contracts to acquire a 50% interest in two Swedish onshore pre-construction wind farms, Ranasjö and Salsjö. The projects are located in central Sweden and together are known as ‘Twin Peaks’, with a combined capacity of 242MW. The acquisition is […]
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17 Feb 2021 4 min read
TRIG’s diversity in technology and geography a source of strength over 2020
The Renewables Infrastructure Group (TRIG) has published its annual results, covering the period to 31 December 2020. Performance highlights include: Portfolio generated 3,953GWh of electricity in the year (2019: 3,036GWh) Directors’ portfolio valuation of £2,213m, as at 31 December 2020 (2019: £1,745m) following six acquisitions NAV total return of 6.1% for the year and 8.1% since IPO (annualised) Earnings […]
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12 Feb 2021 1 min read
TRIG acquires the Grönhult onshore wind farm in Sweden
The Renewables Infrastructure Group (TRIG) has announced that it has acquired the Grönhult onshore wind farm in Sweden. Grönhult is a 67.2 MW ready-to-build onshore wind farm located in the southwest of Sweden. The Grönhult project is being acquired from Vattenfall, the leading Swedish utility and a major developer of renewables, who will also manage the […]
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15 Jan 2021 2 min read
TRIG invests in the Beatrice offshore windfarm, Scotland
The Renewables Infrastructure Group (TRIG) has announced that it has exchanged contracts to acquire an equity interest of 17.5% in the Beatrice offshore wind farm project in the UK, from Copenhagen Infrastructure Partners (CIP). Beatrice is a 588MW offshore wind farm developed by SSE Plc that is located approximately 13km off the north east coast […]
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22 Dec 2020 1 min read
QuotedData’s morning briefing 22 December 2020
In QuotedData’s morning briefing 22 December 2020: The Renewables Infrastructure Group has exchanged contracts to invest in Phoenix SAS, which owns a portfolio of operational wind and solar renewable energy assets. The portfolio comprises five onshore wind farms in Northern France with a combined capacity of 74MW and four operational solar parks with battery storage located […]
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18 Dec 2020 2 min read
Renewables Infrastructure secures innovative ESG linked debt funding
Renewables Infrastructure secures innovative ESG linked debt funding – The Renewables Infrastructure Group Limited has successfully refinanced and expanded its revolving credit facility (RCF) at lower rates to support its investment in new renewable energy projects. The facility is used for short-term financing of acquisitions. The renewed RCF of £500m has been made available to TRIG […]
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30 Nov 2020 2 min read
QuotedData’s morning briefing 30 November 2020
In QuotedData’s morning briefing 30 November 2020: The Renewables Infrastructure Group raised £200m from its placing last week, and plans to issue 160m shares. The issue was oversubscribed. Technically, it might still not happen as the issue was done on the expectation that shareholders approve the issue of these shares at an EGM to be held […]
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23 Nov 2020 2 min read
QuotedData’s morning briefing 23 November 2020
In QuotedData’s morning briefing 23 November 2020: US Solar Fund says that all 41 projects in its portfolio, totaling 443MWDC, are now fully operating and generating revenue. The final project, the 128MWDC Milford plant in Utah, reached the commercial operations date under its power purchase agreement (PPA) on 19 November, on-time and under-budget – saving $4m […]
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20 Oct 2020 1 min read
TRIG buys Haut Vannier wind farm
TRIG buys Haut Vannier wind farm – The Renewables Infrastructure Group has acquired a 100% interest in Haut Vannier SAS, with the rights to construct a 43MW wind farm located in Haute-Marne, approximately 65km northeast of the city of Dijon in France. The project was developed by Envision and Velocita, who will continue to carry out the […]
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07 Aug 2020 2 min read
QuotedData’s morning briefing 7 August 2020
In QuotedData’s morning briefing 7 August 2020: The Renewables Infrastructure Group (TRIG) has announced its interim results for the six months ended 30 June 2020. During the period, TRIG’s NAV per share fell by 1.7%, but the chairman, Helen Mahy, reports that TRIG’s financial performance has remained resilient, sustained by strong operational performance and that the company […]
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19 May 2020 1 min read
QuotedData’s morning briefing 19 May 2020
In QuotedData’s morning briefing 19 May 2020 The Renewables Infrastructure Group is planning a fundraise through an issue of shares at 120p (a 5.8% discount to the share price and a 4.3% premium to NAV – more if you adjust for the 5p per share hit from power price falls discussed on 22 April). As usual, […]
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15 May 2020 3 min read
The Renewables Infrastructure Group acquires German offshore wind farm
The Renewables Infrastructure Group (TRIG) has announced that it has completed the acquisition of an approximate 36% equity interest in Merkur, a 396MW operational offshore wind farm in the German North Sea. This follows the exchange of contracts to acquire the Project announced in December 2019, and receipt of German foreign investment approvals and EU […]
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22 Apr 2020 3 min read
Renewables Infrastructure Group notes material reduction in near term power price forecast
We have an update from Renewables Infrastructure Group (TRIG) this morning. The key points made are: Power price forecasts reduced, with material impact from covid-19 in the near term, which if taken in isolation and excluding value enhancements, would imply a reduction in NAV per share of approximately 5p; Excellent portfolio performance in Q1, with […]
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02 Mar 2020 1 min read
Report: UK government to renew support for onshore windfarms
It was announced earlier today that the UK will reintroduce support for onshore windfarms, four years after deciding to end support for new projects. It is believed that the policy reversal reflects a view that onshore wind will be crucial to the UK’s chances of delivering on its target of net zero carbon emissions by […]
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18 Feb 2020 1 min read
QuotedData’s other news 18 February 2020
In QuotedData’s other news 18 February 2020 – FastForward Innovations (FFWD) said that investee company, EMMAC Life Sciences (FFWD owns a 2.4% stake), had become the first European company to export medical cannabis to Israel. The company has successfully exported 400 kilograms of medical cannabis to Israel, to the Bazelet Group, the largest medical cannabis company in Israel. […]
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2 min read
Renewables Infrastructure Group announces annuals as portfolio generating capacity increases 50% to 1,664MW
Renewables Infrastructure Group (TRIG) has announced annual results covering the period to 31 December 2019. Performance and portfolio highlights include: Portfolio generated 3,036GWh of electricity in the year (2018: 2,011GWh) NAV per ordinary share of 115.0p as at 31 December 2019 (2018: 108.9p) Directors’ portfolio valuation of £1,745m as at 31 December 2019 (2018: £1,269m) following new acquisitions […]
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29 Jan 2020 1 min read
Renewable energy funds under attack from brokers
Renewable energy funds under attack from brokers – Shares in many renewable energy funds slumped yesterday as first Chris Brown of JPMorgan and then Matthew Hose of Jefferies said they were overvalued. Their analysis (which we can’t show you and you can’t get hold of unless you work for a large investment firm and pay […]
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21 Jan 2020 1 min read
Renewables Infrastructure buys Blairy Hill wind farm
Renewables Infrastructure buys Blairy Hill wind farm – The Renewables Infrastructure Group has exchanged contracts to acquire a 100% interest in Blary Hill Energy Limited, with the rights to construct a 35MW wind farm located on the Kintyre Peninsula, West Scotland. The investment is expected to complete during Q1 2020. The project, developed by RES, will […]
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18 Dec 2019 1 min read
QuotedData’s other news 18 December 2019
In QuotedData’s other news 18 December 2019 Sun Life Financial has bought a majority stake in Infrared Capital Partners, the investment adviser to HICL Infrastructure and The Renewables Infrastructure Group. This won’t have any impact on the day-to-day running of the funds. Infrastructure India has maxed out its $105m borrowing facility, borrowing another $30m to develop […]
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10 Dec 2019 1 min read
Renewables Infrastructure buys German offshore wind farm
Renewables Infrastructure buys German offshore wind farm – The Renewables Infrastructure Group (TRIG) has exchanged contracts to acquire a c.36% equity interest in Merkur Offshore, a 396MW operational offshore wind farm located in the German North Sea. TRIG has partnered for the acquisition with the Dutch pension investor APG, who will acquire the remaining c.64%. At, […]
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04 Oct 2019 1 min read
QuotedData’s other news 4 October 2019
In QuotedData’s other news 4 October 2019 – The Renewables Infrastructure Group raised £227.6m from an issue of shares that was “heavily oversubscribed”. It will issue 185m new shares. The money will be used to pay off its short-term debt and to finance new acquisitions. JPMorgan Indian failed to beat its benchmark (MSCI India) over the […]
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27 Sep 2019 2 min read
Renewables Infrastructure raising cash to expand in Europe
Renewables Infrastructure raising cash to expand in Europe – The Renewables Infrastructure Group (TRIG) is asking its shareholders to approve an increase in the maximum amount that it can invest in continental Europe – raising the bar from 50% of its portfolio to 65%. A meeting is being convened to approve the change. At the […]
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28 Jun 2019 1 min read
Renewables Infrastructure buys French wind farms
Renewables Infrastructure buys French wind farms – The Renewables Infrastructure Group has made two onshore wind investments, increasing the proportion of the portfolio in France from 10% to 13%. TRIG has acquired a 34.6% equity interest and all of the shareholder loans in Fujin SAS, a holding company that owns a portfolio of five operational windfarms […]
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04 Jun 2019 1 min read
Renewables Infrastructure invests in German North Sea Wind
Renewables Infrastructure invests in German North Sea Wind – The Renewables Infrastructure Group has exchanged contracts to acquire a 25% indirect equity interest in Gode Wind 1, a 330MW offshore wind farm, located in the German North Sea. The project has established a strong track record since operations commenced in February 2017 and benefits from an attractive […]
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01 Apr 2019 1 min read
Renewables Infrastructure Group buys Burgundy wind farm for €30 million
Renewables Infrastructure Group buys Burgundy wind farm for €30 million – Renewables Infrastructure Group (TRIG) has announced the acquisition of 100% of the Tille et Venelle (T&V) wind farm in Burgundy, central France. T&V will be a 40MW onshore wind farm once construction is complete. T&V was developed by Paris-based Velocita Energies and they are […]
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01 Mar 2019 1 min read
TRIG buys Jädraås wind farm in Sweden
TRIG buys Jadraas wind farm in Sweden – The Renewables Infrastructure Group (“TRIG”) has exchanged contracts to acquire a 100% interest in the Jädraås wind farm, an operational onshore wind farm with a capacity of 212.85MW for a consideration of approximately EUR207 million on an unlevered basis. The wind farm is located near Ockelbo, north of Stockholm […]
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19 Feb 2019 3 min read
Renewables Infrastructure Group sees portfolio generation close to budget
The Renewables Infrastructure Group (TRIG) has announced its final results for the year ended 31 December 2018. During the year, TRIG provided an NAV total return of 11.6%. It describes the year as one of “Strong financial performance during the year with portfolio generation close to budget” and has provided the following key highlights: Portfolio […]
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21 Dec 2018 1 min read
Renewables Infrastructure buys Swedish wind farm
Renewables Infrastructure buys Swedish wind farm – The Renewables Infrastructure Group has exchanged contracts to acquire a 75% interest in Ersträsk Wind Farm, a 229.1MW onshore wind farm near Piteå in Northern Sweden. The project is being acquired from Enercon Independent Power Producer GmbH. The deal increases TRIG’s generation capacity to 1.11GW and will mean that […]
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02 Aug 2018 1 min read
Renewables Infrastructure in talks to buy Swedish wind farm
Renewables Infrastructure in talks to buy Swedish wind farm – The board of The Renewables Infrastructure Group Limited has made a statement, saying that it notes recent press speculation that the company is in discussions with Enercon for the acquisition of an equity interest in in the 229.1MW Ersträsk onshore wind farm located in Piteå, Sweden. They say […]
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18 Jan 2018 2 min read
Renewables Infrastructure buys Clahane wind farm
Renewables Infrastructure buys Clahane wind farm – The Board of The Renewables Infrastructure Group Limited (TRIG) has announced that it has completed the acquisition of a 41.2MW operational wind farm (“Clahane 1”) and its 13.8MW extension which is currently under construction (“Clahane extension”). The project is located in County Kerry in the Republic of Ireland. Clahane […]
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14 Aug 2017 1 min read
Renewables Infrastructure investing in battery storage project
Renewables Infrastructure investing in battery storage project – The Board of The Renewables Infrastructure Group has announced that the company has completed the acquisition of a 100% interest in Broxburn, a battery energy storage project which is currently under construction in West Lothian, Scotland. Broxburn, a 20MW battery, was developed and is being constructed by RES, TRIG’s […]
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21 Feb 2017 1 min read
Renewables Infrastructure held back by low wind speeds in UK
The Renewables Infrastructure Group has announced a total shareholder return for 2016 of 15.7% on a share price basis and 9.3% on a NAV basis. The NAV rose to 100.1p (2015: 99.0p). Excluding the impact of the accelerated payment of an additional quarter’s dividend during the year, NAV per share increased by 2.6p. Dividends of […]
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07 Feb 2017 1 min read
All trust sectors bar one made money in ’16
UK Smaller Companies was the only investment sector to lose money in 2016 despite a turbulent political and economic landscape, new research has revealed. See more here
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19 Aug 2016 2 min read
Renewables Infrastructure reports low sunshine, wind speeds and power prices
The Renewables Infrastructure Group Limited has published its interim report for the six months to 30 June 2016. Total annualised shareholder return for the six months to 30 June 2016 was -0.3% (with the FTSE-250 total return being -5.2% over the same period). The Board reaffirms its intention to pay a dividend of, in aggregate, 6.25p […]
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11 Jul 2016 1 min read
Renewables Infrastructure buys Provencal solar plant
The Renewables Infrastructure Group has entered into a binding sale and purchase agreement to acquire a 51.0% interest in a 12MW ground-mounted solar photovoltaic plant, in the South of France, increasing the aggregate net generating capacity of TRIG’s portfolio to 686MW. The Board of TRIG is pleased to announce the acquisition of a 51.0% interest in […]
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14 Apr 2016 1 min read
The Renewables Infrastructure Group looks to raise further capital
The Renewables Infrastructure Group has announced proposals to issue up to 300m new ordinary shares (and/or c shares) in the company to take advantage of investment opportunities going forward. The proposals are conditional on the approval of shareholders at an EGM, which is currently scheduled for 4 May 2016, and the company expects to publish a prospectus […]
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23 Feb 2016 1 min read
Renewables Infrastructure looking at offshore wind
The Renewables Infrastructure Group has published results covering the year ended 31 December 2015. The NAV per share was 99p at 31 December 2015, down from 102.4p at the end of 2014. They say this reflects the impact of the removal of LECs (subsidies) in the Summer Budget. Total distributions of 6.19p per share were declared, up from 6.08p. They are […]
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05 Jan 2016 1 min read
Renewables Infrastructure buys French solar portfolio
The Board of The Renewables Infrastructure Group has announced it will buy a portfolio of French solar assets. An agreement has been reached between Renewables Infrastructure and Akuo Energy Group for an investment in a portfolio of 15 operating (brownfield) French solar photovoltaic (PV) projects. Akuo is one of France’s leading independent renewable energy producers. The deal comprises the […]
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22 Dec 2015 1 min read
No more WIND – Renewable Energy Generation to delist in January
Renewable Energy Generation has announced that it has completed the sale of its assets and will delisting from the London Stock Exchange on 5 January 2016. The last day of dealing in the company’s ordinary shares, on AIM, will be 4 January 2016. No more WIND – Renewable Energy Generation to delist in January : […]
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02 Dec 2015 1 min read
Renewable Energy Generation’s board recommends liquidation at 60p
Renewable Energy Generation has provided an update on the proposed sale of the Group’s Business to a fund managed by BlackRock, which values the company’s equity, before exit costs, at £64.5m. The board is recommending that shareholders approve the proposals related to the transaction and an EGM is being convened on 18 December 2015. If […]
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16 Nov 2015 1 min read
Renewables Infrastructure Group raises £78m
The Renewables Infrastructure Group that it has raised gross proceeds of £78m from its recent fund raising and that a total of 78m new ordinary shares will be issued at a price of 100p per share. Of this, 16,011,486 new ordinary shares will be issued as the final tranche of the company’s share issuance programme and […]
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09 Oct 2015 1 min read
Renewable Energy Generation gets bid from management for trading subsidiaries
The Board of Renewable Energy Generation Limited announces that it has received a non-binding approach for its trading subsidiaries. The assets would be acquired by a new company formed by the company’s executive management team. The Offer, which is subject to due diligence, would generate an estimated net cash distribution of around 60p per share representing […]
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25 Sep 2015 1 min read
Renewable Energy Generation hit by subsidy changes
Renewable Energy Generation published a trading statement this morning in which it said that the UK Government’s decision to change the subsidy regime for onshore wind had hit its business hard. The proposed changes to the Renewables Obligation scheme will not be binding until they receive Royal Assent (due sometime next year) and this is […]
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31 Aug 2015 1 min read
Renewables Infrastructure power production beats expectations
The Renewables Infrastructure Group delivered a 10.9% return to shareholders over the first half of 2015, including a dividend of 3.08p which they say was well covered by cash earnings. This results in a dividend target of 6.19p in aggregate per share in respect of the year to 31 December 2015. Looking further ahead, the […]
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09 Jul 2015 1 min read
Budget changes to Climate Change Levy hit Renewables
Changes in yesterday’s budget in relation to the Climate Change Levy (removal of Climate Change Levy exemption) for renewable electricity have had a knock-on effect on the net asset values of companies operating in the renewable energy sector as it changes the assumptions used to calculate them. Greencoat UK Wind says it was already factoring […]
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19 Jun 2015 1 min read
Renewables Infrastructure in talks to buy 433MW
The Renewables Infrastructure Group has announced that it is in talks to acquire stakes in six operational wind farms with the capacity to produce 433MW. The seller is Fred Olsen Renewables. The deal is to acquire a significant minority interest in a portfolio of six operational onshore wind projects in Scotland. If the deal gets […]
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23 Mar 2015 1 min read
Renewables Infrastructure buys Cornish solar plant
The Renewables Infrastructure Group is paying £8.6m to buy the Four Burrows solar farm in Cornwall. The plant has a generating capacity of 7.2MWp. It is located near Truro and is already operational – and has been since January 2015. It should qualify under the 1.4 ROC subsidy regime therefore but, if it doesn’t, the […]
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25 Feb 2015 1 min read
Renewables Infrastructure in line with expectations
The Renewables Infrastructure Group has announced results for the year ended 31 December 2014. Over the period the net asset value rose slightly from 99p to 99.3p, the company paid total dividends for the year of 6.08p and the total return to shareholders was 7.5% – well ahead of the 1.2% return on the FTSE […]
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28 Nov 2014 1 min read
Renewables Infrastructure buys Irish wind farm
TRIG : Renewables Infrastructure buys Irish wind farm The Renewables Infrastructure Group has bought a wind farm in Ireland for €17.3m. Taurbeg wind farm is capable of producing 25.3MW. It is located near Rockchapel, County Cork in the Republic of Ireland and was developed by the RES group. The project includes eleven Siemens wind turbines, each with […]
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17 Nov 2014 1 min read
Renewables Infrastructure buys Kirkcaldy wind farm
TRIG : Renewables Infrastructure buys Kirkcaldy wind farm The Renewables Infrastructure Group is paying £32m to acquire a 16MW wind farm at Kirkcaldy, Fife, Scotland. The Earlseat wind farm has eight Vestas V90 2.0 MW wind turbines and was grid-connected in June 2014. The farm is subsidised to the tune of 0.9 ROCs per MWh and […]
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08 Aug 2014 1 min read
Renewables Infrastructure buys three more solar parks
TRIG : Renewables Infrastructure buys three more solar parks The Renewables Infrastructure Group has acquired three operational solar parks in Dorset, Norfolk and Cornwall. Combined the parks have the capacity to generate 56.6MW. Parley Court Farm in Dorset is a 24.2MW plant built by Isolux Corsan and attracts a subsidy of 1.6 ROCs. Egmere Airfield […]
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23 Jun 2014 1 min read
The Renewables Infrastructure Group : TRIG – new wind farms
The Renewables Infrastructure Group is spending £19m buying two wind farms to add to its portfolio. Tallentire – a 12MW plant near Cockermouth in Cumbria has been operating since May 2013 and has a projected 25 year life. Meikle Carewe (pictured), near Aberdeen, has a capacity of 10.2MW, has the same operating life and has […]
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28 Mar 2014 1 min read
The Renewables Infrastructure Group : TRIG – acquisition
The Renewables Infrastructure Group is buying two more solar parks, one in Devon and the other in Essex. These add another 30.4MW of generation capacity to TRIG’s portfolio and come at a cost of up to £37m.
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26 Feb 2014 1 min read
The Renewables Infrastructure Group : TRIG – results
The Renewables Infrastructure Group has released its first set of results covering the period from 29 July to 31 December 2013. The £310m it raised was spent on acquiring 20 wind and solar projects. The net asset value return for the period was 3.5%. Distributions have been in line with projections and the Board says it […]
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19 Mar 2024 1 min read
Have investment trust dividend cuts created bargains?
by Dave Baxter, Investors Chronicle, March 19, 2024: While far from universally popular among investors, dividend cuts can sometimes be a blessing in disguise. They can drive share prices down to attractive levels while also allowing companies to put cash to better use. This is a premise that can feed into how some funds are […]
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26 Feb 2024 2 min read
Perfect Storm
Cherry Reynard, Portfolio Adviser Magazine, February 2024: Investment trusts have a well-deserved reputation as an effective way to manage such illiquid assets as property, smaller companies and infrastructure, yet the past 18 months have also highlighted the problems of this type of vehicle, as discounts have widened in response to higher interest rates, cost-disclosure problems […]
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03 Jan 2024 1 min read
Are investment trust discounts getting out of hand?
by Jennifer Hill from interactive investor, 28th December 2023: Risk-off sentiment has pushed investment trust discounts to historically wide levels and many boards have been proactively trying to address the issue. This year will be a record for share buybacks with almost £3.5 billion of investment trust share buybacks in the first 11 months, data […]
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13 Nov 2023 2 min read
Revisiting Renewables
Cherry Reynard, AIC Compass Magazine, 10 Nov 2023: World leaders gathering in the UAE for the COP 28 at the end of November are likely to reach the now-familiar conclusion that countries ‘could do better’ on net zero targets. A cursory glance at the recent returns of renewable energy and environmental trusts – and their […]
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2 min read
Why it’s a good time to invest in infrastructure
David Brenchley, The Times, Saturday November 11 2023: Infrastructure is all around us. From hospitals, schools and roads to the wind and solar farms that are used to power our lives. This omnipresence and the long-term need to build more of these assets have made infrastructure investment trusts popular. These trusts pool investors’ cash to […]
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07 Aug 2023 1 min read
Infrastructure and renewables – big yields, big discounts
Matthew Read, for Investment Week, 4 August 2023: The outlook for the UK equity market feels particularly depressed and it is not hard to see why. Even after June’s better-than-expected inflation figures, core UK inflation remains high, which suggests higher interest rates for longer. Commentators are expecting that the base rate, which at 5.25% is […]
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15 Mar 2023 1 min read
Investment trust insider on Greencoat UK Wind
Investment trust insider on Greencoat UK Wind – James Carthew: Renewables de-rating won’t last. Funds like UK Wind are too important The end of the month sees a big milestone for the investment companies sector – Greencoat UK Wind (UKW), the first of the renewable energy infrastructure trusts, will be 10 years old. The initial […]
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30 Nov 2022 2 min read
Renewable energy infrastructure trusts hold out against extra profits levy
By Val Cipriani, Investors’ Chronicle, November 30 2022: Renewable energy infrastructure trusts are taking a relatively small hit from the electricity generator levy, as its effect on their net asset value (NAV) is offset by high power prices and inflation in the latest round of portfolio updates – but share prices are still recovering quite […]
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20 Oct 2022 1 min read
When will renewable energy investment trust prices recover?
By Val Cipriani, Investors’ Chronicle, October 19, 2022: While equities and bonds have taken a battering, infrastructure has become an increasingly popular asset class in the past year, with a reputation for helping investors’ fortunes while traditional strategies were busy plummeting. Renewable energy in particular looked attractive in an environment where energy can be sold […]
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21 Sep 2022 1 min read
Should you go defensive or back a bounce for beaten-up consumer stocks? Experts’ share picks to shuffle your portfolio and survive a harsh winter
By ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY, 10 September 2022: There was a real ‘back to school and back to business’ feel in the air last week – until we learnt of the sad death of the Queen. While parents took pictures of uniformed offspring outside their front doors, the press took pictures of the […]
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12 Jul 2022 1 min read
The best renewable energy infrastructure trusts
By Cherry Reynard, Investors’ Chronicle, July 6, 2022: Amid febrile stock markets, renewable energy infrastructure trusts should be a rare sweet spot. They offer inflation protection at a time of double-digit price rises, high dividends when income is scarce and access to renewables as policymakers strive to decarbonise. They are also exposed to rising power […]
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15 Jun 2022 1 min read
Wind farms, schools and broadband: Are infrastructure investment trusts the key to inflation-busting returns?
By MIKE SHEEN FOR THIS IS MONEY 14 June 2022 Infrastructure assets have long been regarded as a go-to means of achieving inflation-beating returns and, while prices soar elsewhere, the London market may currently offer investors bargain options… Renewable energy infrastructure trusts have raised more than £1billion since the start of the year, according to […]
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16 May 2022 1 min read
Are NAV increases on renewable infrastructure trusts here to stay?
Kathleen Gallagher, Investment Week, 11 May 2022: At the beginning of this week (9 May) the JLEN Environmental Assets trust flagged that its Q1 NAV is likely to be 13-15% higher than the end of last year. The trust, and a number of its peers, are sitting on double digit premiums as they benefit from, […]
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28 Feb 2022 1 min read
Investment trust insider on discount rates
Investment trust insider on discount rates – James Carthew: Inflation fears weigh on some income trusts Recent market turmoil has affected the ratings of a number of funds. Within my portfolio, one of the more peculiar de-ratings is that of Hipgnosis Songs Fund (SONG), which now looks to trade on an 8% discount to net […]
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23 Dec 2021 1 min read
Build your portfolio upon infrastructure
By ANNE ASHWORTH FOR THE DAILY MAIL 10 December 2021 The word ‘infrastructure’ carries a suggestion of solidity at an uneasy time. This is one of the reasons for the upsurge of interest in the sector, which encompasses bridges, hospitals, roads and schools, but also renewable energy generators and the data centres, fibre-optic networks and mobile […]
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15 Nov 2021 2 min read
The alternative trusts allowing investors to capture new trends
Investment trusts enjoy record year for fundraising as they back a new wave of innovation November 11, 2021, Investors Chronicle, By Mary McDougall Investment trust fundraising amounted to £11.4bn in the first 10 months of the year, a record for the ancient fund structure which is now financing a new wave of innovation. Most striking is the […]
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1 min read
Renewable energy fuels new wave of investment trusts
Mary McDougall NOVEMBER 11 2021 Investment trusts focused on infrastructure, particularly those involved in renewable energy projects, have boomed this year as income-hungry investors and those wishing to back the energy transition have flocked to participate in record numbers of share issues. There is little sign of this momentum losing pace. One energy efficiency trust, […]
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23 Feb 2021 1 min read
Investment trust insider on renewables
Investment trust insider on renewables – James Carthew: How the renewables class of 2013 has changed beyond recognition Following the recent new issues and the oversubscribed £198m placing by Greencoat UK Wind (UKW) last week, the now 17 investment companies in the sector have a combined market value of about £10.5bn and are within a […]
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22 Nov 2020 1 min read
Investment trust insider on Downing Renewables
Investment trust insider on Downing Renewables – Another potential investment company launch emerged this past week as Downing Renewables & Infrastructure Trust (DORE) published an intention to float announcement and followed up with its prospectus today. It joins an increasingly crowded field – there are already 14 funds in the AIC’s Renewable Energy Infrastructure sector. However, […]
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16 Nov 2020 1 min read
Engines of growth: Investment trusts for responsible investing
Engines of growth: Investment trusts for responsible investing By Mary McDougall, Investors Chronicle, 12 November 2020 Appetite for investment products with strong environmental, social and governance (ESG) credentials has boomed this year as the pandemic has put the need for a sustainable world under the spotlight. Enthusiasm has been helped by sustainable funds broadly outperforming their conventional peers […]
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05 Mar 2019 1 min read
Investment Trust Insider on Greencoat UK Wind
Investment Trust Insider on Greencoat UK Wind – James Carthew: renewables swap subsidies for price rises Despite the volumes of hot air emerging from Westminster, UK wind speeds have been below seasonal averages for some time. This impacts on the earnings of the renewable energy generators with UK wind exposure. These are: Greencoat UK Wind (UKW), […]