Investment Trusts

The Renewables Infrastructure Group Limited

TRIG:LSE

The Renewables Infrastructure Group Limited

  • Price (GBX)91.50
  • Today's Change-0.90 / -0.97%
  • Shares traded2.45m
  • 1 Year change-15.59%
  • Beta0.2148
Data delayed at least 20 minutes, as of Nov 21 2024 16:03 GMT.
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Profile data is unavailable for this security.

About the company

The Renewables Infrastructure Group Limited (TRIG) is a Guernsey-based closed-ended investment company. The Company’s investment objective is to provide investors with long-term, stable dividends, whilst preserving the capital value of its investment portfolio, principally through investment in a range of operational assets which generate electricity from renewable energy sources, with a particular focus on wind farms and solar photovoltaics (PV) parks. Its diversified portfolio predominantly consists of operational wind farms, solar parks and battery storage projects in the United Kingdom and Europe. It invests in a portfolio of onshore wind, offshore wind, solar PV, and battery storage projects spread across the United Kingdom, Ireland, France, Germany, Spain, and Sweden. InfraRed Capital Partners Limited is the Company’s investment manager. Renewable Energy Systems Limited acts as the Company’s operations manager.

  • Revenue in GBP (TTM)-80.30m
  • Net income in GBP-37.70m
  • Incorporated2013
  • Employees0.00
  • Location
    The Renewables Infrastructure Group LimitedEast Wing, Trafalgar Court, Les BanquesSAINT PETER PORT GY1 3PPGuernseyGGY
  • Phone+44 1 481749700
  • Websitehttps://www.trig-ltd.com/
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Profile

Management group(s)InfraRed Capital Partners Ltd
AIC sectorRenewable Energy Infrastructure
ISINGG00BBHX2H91
Launch date29 Jul 2013
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To create shareholder value from a portfolio of renewable energy generation and supporting infrastructure, contributing towards a cleaner and more secure future.

Managed by

Richard Crawford

Management & contract fees

Management fee of 1% of the Adjusted Portfolio Value in respect of the first GBP 1 bn of the Adjusted Portfolio Value, 0.8% between GBP 1bn and 2 bn, 0.75% between GBP 2 bn and 3 bn and 0.70% in excess of GBP 3 bn.No performance or acquisition fees. The contract is terminable on 12 months notice.

Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status		TRIG:LSE since
announced		Transaction
value
Fig PowerDeal completed13 Feb 202413 Feb 2024Deal completed-8.32%25.25m
Data delayed at least 20 minutes, as of Nov 21 2024 16:03 GMT.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Caledonia Investments plc233.80m203.80m1.81bn71.001.81bn71.00
AJ Bell PLC245.88m81.33m1.91bn1.37k1.91bn1.37k
Smithson Investment Trust PLC-26.10m-51.47m1.95bn0.001.95bn0.00
Quilter PLC6.43bn50.00m2.00bn2.98k2.00bn2.98k
TP ICAP Group PLC2.20bn99.00m2.01bn5.18k2.01bn5.18k
JPMorgan American Investment Trust PLC434.96m424.07m2.01bn0.002.01bn0.00
City of London Investment Trust plc310.57m297.42m2.11bn0.002.11bn0.00
Renewables Infrastructure Group Ltd-80.30m-37.70m2.26bn0.002.26bn0.00
International Public Partnerships Ltd87.39m44.25m2.37bn0.002.37bn0.00
Burford Capital Limited592.43m206.22m2.37bn161.002.37bn161.00
HICL Infrastructure PLC107.10m103.10m2.38bn0.002.38bn0.00
HgCapital Trust plc295.58m280.70m2.46bn0.002.46bn0.00
Man Group PLC1.11bn250.28m2.48bn1.79k2.48bn1.79k
Monks Investment Trust PLC420.74m398.35m2.51bn0.002.51bn0.00
Abrdn PLC1.41bn328.00m2.53bn5.06k2.53bn5.06k
Petershill Partners PLC454.71m273.87m2.59bn0.002.59bn0.00
Data as of Nov 21 2024. Currency figures normalised to The Renewables Infrastructure Group Limited's reporting currency: UK Pound GBX
Data Provided by LSEG
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