Investment Trusts

JLEN Environmental Assets Group Limited

JLEN:LSE

JLEN Environmental Assets Group Limited

  • Price (GBX)90.90
  • Today's Change-1.80 / -1.94%
  • Shares traded530.34k
  • 1 Year change-25.12%
  • Beta0.3072
Data delayed at least 20 minutes, as of May 01 2024 16:35 BST.
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Profile data is unavailable for this security.

About the company

JLEN Environmental Assets Group Limited is a Guernsey-based closed-ended investment company. The Company is an environmental infrastructure investment fund that invests in a diversified portfolio of assets that support the drive towards decarbonization, resource efficiency, and environmental sustainability. It invests in a diversified portfolio of environmental infrastructure that supports more environmentally friendly approaches to economic activity whilst generating a sustainable financial return. The Company’s portfolio comprises of approximately 42 assets located across the United Kingdom and mainland Europe. Its portfolio includes onshore wind, PV solar, waste and wastewater processing plants, hydro and anaerobic digestion plants, low carbon transport, battery storage, controlled environment, and hydrogen assets. Foresight Group LLP is the Company's alternative investment fund manager.

  • Revenue in GBP (TTM)20.41m
  • Net income in GBP10.42m
  • Incorporated2013
  • Employees0.00
  • Location
    JLEN Environmental Assets Group LimitedSarnia House, Le TruchotSAINT PETER PORT GY1 1GRGuernseyGGY
  • Websitehttps://jlen.com/
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Profile

Management group(s)Foresight Group LLP
AIC sectorRenewable Energy Infrastructure
ISINGG00BJL5FH87
Launch date31 Mar 2014
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The Company seeks to achieve its objectives by investing in a diversified portfolio of environmental infrastructure. JLEN defines environmental infrastructure as infrastructure assets, projects and asset-backed businesses that utilise natural or waste resources or support more environmentally friendly approaches to economic activity, support the transition to a low carbon economy or which mitigate the effects of climate change. Environmental infrastructure that the Company invests in typically has one or more of the following characteristics: they have the benefit of long-term, predictable cash flows, which may be wholly or partially inflation-linked; they are supported by long-term contracts or stable and well-proven regulatory and legal frameworks; or they feature well-established technologies, and demonstrable operational performance.

Managed by

Chris Tanner, Chris Holmes, Edward Mountney

Management & contract fees

Base fee at the annual rate of 1.0% of the Adjusted Portfolio Value up to and including GBP 0.5bn and 0.8% of the Adjusted Portfolio Value over GBP 0.5bn. No performance fee. It can be terminated with 12 months notice

Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
JLEN:LSE since
announced
Transaction
value
Bio Collectors Holdings LtdDeal completed04 Dec 202304 Dec 2023Deal completed-6.58%10.16m
Data delayed at least 20 minutes, as of May 01 2024 16:35 BST.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Brunner Investment Trust Plc46.38m40.63m559.27m0.00559.27m0.00
European Opportunities Trust PLC77.54m64.12m570.55m0.00570.55m0.00
Pacific Horizon Investment Trust PLC-38.36m-51.96m579.37m0.00579.37m0.00
Baillie Gifford US Growth Trust PLC26.82m20.74m582.18m0.00582.18m0.00
Henderson Smaller Companies Inv Trst PLC-54.04m-60.89m592.67m0.00592.67m0.00
Asia Dragon Trust PLC-36.25m-46.86m593.06m0.00593.06m0.00
JLEN Environmental Assets Group Ltd20.41m10.42m613.24m0.00613.24m0.00
Blackrock Greater Eurp Invstmnt Trst PLC99.68m91.59m613.89m0.00613.89m0.00
Schroder Oriental Income Fund Ltd-15.55m-25.91m637.78m0.00637.78m0.00
Bluefield Solar Income Fund Ltd932.00k13.14m643.90m0.00643.90m0.00
SDCL Energy Efficiency Income Trust PLC-94.90m-106.20m645.82m0.00645.82m0.00
Baillie Gifford Japan Trust PLC26.92m18.32m645.99m0.00645.99m0.00
Bellevue Healthcare Trust PLC-107.95m-121.04m654.60m0.00654.60m0.00
BlackRock Smaller Companies Trust plc-36.82m-44.14m664.11m0.00664.11m0.00
GCP Infrastructure Investments Ltd51.71m30.91m664.74m0.00664.74m0.00
JPMorgan Indian Investment Trust plc21.41m2.96m676.45m0.00676.45m0.00
Data as of May 01 2024. Currency figures normalised to JLEN Environmental Assets Group Limited's reporting currency: UK Pound GBX
Data Provided by LSEG
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