Generating Sustainable Value.

Portfolio

Generating Sustainable Value.

Portfolio

Generating Sustainable Value.

Portfolio

Generating Sustainable Value.

Portfolio

COVID-19 Update

For an update on portfolio performance and how InfraRed and RES, on behalf of TRIG, are monitoring and managing risks arising from the global COVID-19 pandemic, click the following links.

COVID-19 TRIG Investor Call Summary COVID-19 TRIG Investor Call Transcript

TRIG is a listed investment company whose purpose is to generate sustainable returns from a diversified portfolio of renewables infrastructure that contribute towards a zero-carbon future.

The Investment Opportunity

Attractive, income-based returns

We aim to provide our shareholders with attractive income through the payment of quarterly dividends. The Company’s dividend target for 2020 is 6.76p per share (1.69p per quarter).

We have a strong track-record of progressively increasing our dividend and asset value, as reflected by our annualised return of 8.4%1 since our IPO in 2013.

TRIG is the 70th largest Company listed on the FTSE 2502, and trades on average c.3.5 million shares a day making it easier for investors to buy or sell shares3.

Investment exposure to a large, highly diversified renewables portfolio

We are invested in a diversified portfolio of over 70 wind and solar farms across the UK & Europe, having the largest generating capacity of the London-listed renewables investment companies4.

These assets receive revenues from a mixture of government support and electricity sales: in 2020 we expect three quarters of our revenues to come from UK, French and German government support mechanisms, mostly index linked, providing good revenue stability.

Portfolio diversity reduces risk of over-concentration in individual assets, power markets, regulatory frameworks and local weather patterns, improving the stability of returns to our shareholders.

A strong balance sheet

The Company has a Revolving Credit Facility which is used for acquisitions and is repaid from new equity issues, and no other debt.

Long-term debt in the project companies (the companies owning the assets which TRIG invests in) is secured with no refinancing exposures, at fixed rates of interest.

A responsible approach to investment

We generate enough clean energy to power c.1 million homes. This saves over 1 million tonnes of carbon dioxide emissions a year, helping us to make an important contribution to a zero-carbon economy5.

We integrate environmental, social and governance criteria both at investment stage and when managing our assets. We firmly believe this unlocks the potential of our investments, reduces the risks in the portfolio and creates enduring benefits for all our stakeholders.

Strong governance and management expertise

The Board: The independent board of non-executive directors have strong sector, financial, legal and governance expertise, and have overall responsibility for the company’s activities.

InfraRed: Day-to-day investment management of TRIG is provided by InfraRed, the Investment Manager. InfraRed undertakes investment activities including acquisitions and financial structuring within parameters

RES: the company’s Operations Manager, RES, is responsible for overseeing the asset management of the portfolio. This includes oversight of operating and construction projects; operational reporting for all project companies; and designing and implementing portfolio performance optimisation plans. RES also provide support in the assessment of acquisition activities.

1 Total return since IPO to 31 December 2019 based on NAV per share appreciation plus dividends paid.
2 As at 31 December 2019.
3 For the year ended 31 December 2019.
4 As at 20 March 2020.
5 Based on average regional household electricity consumption figures and the IFI Approach to GHG Accounting for Renewable Energy. 

Investment Manager

Operations Manager

Share Price Summary