28th Mar 2022 12:25
Octopus Renewables Infrastructure Trust PLC - London-based investment company focused on renewable energy assets in Europe and Australia - Net asset value per share ends 2021 at 102.26 pence, rising from 98.26p at same point a year prior. Increases annual dividend to 5.00p from 3.18p. Total NAV return for 2021 at 9.3%. Made six acquisitions in 2021, totalling 179 megawatts of capacity, including wind, solar and construction and operational assets, together with two developer investments, across three new countries in the year.
Chair Phil Austin is "delighted" with company's performance during period at it was able to meet its dividend target.
"Our investment manager's performance continues to be excellent, delivering and developing pipeline opportunities for the company and actively managing our portfolio across all stages of development," he adds.
Current stock price: 110.55 pence, up 1.4% on Monday
12-month change: down 1.9%
By Paul McGowan; [email protected]
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