03 April 2024
The Renewables Infrastructure Group
Limited
"TRIG" or "the Company", a London-listed
investment company advised by InfraRed Capital Partners
("InfraRed") as Investment Manager and Renewable Energy Systems
("RES") as Operations Manager
Scrip Dividend Circular
The Scrip Dividend Circular for the
Company has today been posted to shareholders who have elected to
receive a printed copy. A copy of the document has also been
submitted to the National Storage Mechanism and will shortly be
available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Copies of the document can also be
obtained from the Company Secretary or from the Investors' section
of the Company's website, at www.trig-ltd.com.
Enquiries
InfraRed Capital Partners
Limited
+44 (0) 20 7484 1800
Richard Crawford
Phil George
Minesh Shah
Mohammed Zaheer
Brunswick
+44 (0) 20 7404 5959
Mara
James
TRIG@brunswickgroup.com
Investec Bank Plc
+44
(0) 20 7597 4000
Lucy Lewis
Tom Skinner
Denis Flanagan
BNP Paribas
+44
(0) 20 7595 9444
Virginia Khoo
Carwyn Evans
The
Company
The Renewables Infrastructure Group
("TRIG" or the "Company") is a leading London-listed renewable
energy infrastructure investment company. The Company seeks to
provide shareholders with an attractive long-term, income-based
return with a positive correlation to inflation by focusing on
strong cash generation across a diversified portfolio of
predominantly operating projects.
TRIG is invested in a portfolio of
wind, solar and battery storage projects across six countries in
Europe with aggregate net generating capacity of over 2.8GW; enough
renewable power for the equivalent of 1.9 million homes and to
avoid 2.3 million tonnes of carbon emissions per annum. TRIG is
seeking further suitable investment opportunities which fit its
stated Investment Policy.
Further details can be found on
TRIG's website at www.trig-ltd.com.
Investment Manager
InfraRed Capital Partners is an
international infrastructure investment manager, with more than 170
professionals operating worldwide from offices in London, New York,
Sydney and Seoul. Over the past 25 years, InfraRed has established
itself as a highly successful developer and custodian of
infrastructure assets that play a vital role in supporting
communities. InfraRed manages US$14bn+ of equity
capital1 for investors across the globe, across listed
and private funds in both income and capital gain
strategies.
A long-term sustainability-led
mindset is integral to how InfraRed operates as it aims to achieve
lasting, positive impacts and deliver on its vision of Creating
Better Futures. InfraRed has been a signatory of the Principles of
Responsible Investment since 2011 and has achieved the highest
possible PRI rating2 for its infrastructure
business for eight consecutive assessments, having secured a 5-star
rating for the 2023 period3. It is also a member of the
Net Zero Asset Manager's Initiative and is a TCFD
supporter.
InfraRed is part of SLC Management,
the institutional alternatives and traditional asset management
business of Sun Life. InfraRed represents the infrastructure equity
arm of SLC Management, which also incorporates BentallGreenOak, a
global real estate investment management adviser, and Crescent
Capital, a global alternative credit investment asset
manager. Further details can be found on the website at
www.ircp.com.
1 Uses 5-year average FX as at 30th September 2023 of
GBP/USD of 1.2944; EUR/USD 1.1291. EUM is USD 13.597m
2 Principles for Responsible Investment ("PRI") ratings are
based on following a set of Principles, including incorporating ESG
issues into investment analysis, decision-making processes and
ownership policies. More information is available
at https://www.unpri.org/about-the-pri
3 In the 2023 Principles for Responsible Investment ("PRI")
assessment, InfraRed achieved a 5 star rating for the Policy
Governance and Strategy and Infrastructure and a 4 star rating for
the newly created Confidence Building Measures. Please find
InfraRed's report available for download on our website
here: https://www.ircp.com/sustainability/
Operations
Manager
TRIG's Operations Manager is RES
("Renewable Energy Systems"), the world's largest independent
renewable energy company.
RES has been at the forefront of wind
energy development for over 40 years, with the expertise to
develop, engineer, construct, finance and operate projects around
the globe. RES has developed or constructed onshore and offshore
wind, solar, energy storage and transmission projects totalling
more than 23GW in capacity. RES supports over 12GW of operational
assets worldwide for a large client base. Headquartered in
Hertfordshire, UK, RES is active in 14 countries and has over 2,500
employees engaged in renewables globally.
RES is an expert at optimising
energy yields, with a strong focus on safety and sustainability.
Further details can be found on the website
at www.res-group.com.
