1 February
2024
Downing Renewables &
Infrastructure Trust plc
(the
"Company" or "DORE")
Change of AIFM and
Administrator
The Board of Downing Renewables &
Infrastructure Trust plc announces that, with effect from today's
date, the Company has changed its Alternative Investment Fund
Manager from Gallium Fund Solutions Limited to JTC Global AIFM
Solutions Limited. JTC Global AIFM Solutions Limited is licensed
and regulated by the Guernsey Financial Services
Commission.
The Company has also changed its
Administrator at the same time from Gallium Fund Solutions Limited
to JTC (UK) Limited.
Downing LLP continues to act as
portfolio manager on the same terms.
Contact details:
|
Downing LLP - Investment Manager to the
Company
Tom Williams
|
+44 (0)20 3954 9908
|
|
Singer Capital Markets - Joint Corporate
Broker
Robert Peel, Alaina Wong, Jalini
Kalaravy (Investment Banking)
Sam Greatrex, Alan Geeves, James
Waterlow, William Gumpel (Sales)
|
+44 (0)20 7496 3000
|
|
Winterflood Securities Limited - Joint Corporate
Broker
|
+44 (0)20 3100 0000
|
|
|
|
|
Neil Morgan (Corporate
Finance)
Darren Willis, Andrew Marshall
(Sales)
|
|
|
|
|
|
TB
Cardew -
Public relations advisor to the Company
Ed Orlebar
Tania Wild
|
+44 (0)20 7930 0777
+44 (0)7738 724 630 / +44 (0)7425 536
903
DORE@tbcardew.com
|
About Downing Renewables & Infrastructure Trust plc
(DORE)
DORE is a closed-end investment
trust that aims to provide investors with an attractive and
sustainable level of income, with an element of capital growth, by
investing in a diversified portfolio of renewable energy and
infrastructure assets in the UK and Northern Europe. DORE has been
awarded the London Stock Exchange's Green Economy Mark in
recognition of its contribution to the global 'Green Economy' and
also in 2022 DORE won 'Renewables Fund of the Year' at the
Sustainable Investment Awards.
The Board classifies DORE as a
sustainable fund with a core objective of accelerating the
transition to net zero through its investments, compiling and
operating a diversified portfolio of renewable energy and
infrastructure assets to help facilitate the transition to a more
sustainable future. The Company believes that this directly
contributes to climate change mitigation.
DORE's strategy, which focuses on
diversification by geography, technology, revenue and project
stage, is designed to increase the stability of revenues and the
consistency of income to shareholders. For further details please
visit www.doretrust.com
LEI: 2138004JHBJ7RHDYDR62
About Downing LLP
Downing is a responsible investment
manager established in London in 1986. We currently manage £1.9
billion of assets under a broad range of investment mandates across
our funds, investment trusts and tax-efficient products. As a
certified B Corporation, we are focussed on creating a sustainable
future, our key investment areas are renewable energy,
infrastructure, property and healthcare.
Downing has c.60 professionals
dedicated to renewable energy and infrastructure and a proven track
record in renewables. Since 2010, Downing has made more than 175
investments and has c.£795 million of assets under management in
solar, wind, hydro and battery storage technology.
This announcement is not for
publication or distribution, directly or indirectly, in or into the
United States of America. This announcement is not an offer of
securities for sale into the United States. The securities referred
to herein have not been and will not be registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold
in the United States, except pursuant to an applicable exemption
from registration. No public offering of securities is being made
in the United States
For further details please
visit www.downing.co.uk