Dividend hungry investors should not pay any price for income as it could result in a capital loss, warn analysts at Stifel as they downgrade the popular Greencoat Renewables (GRP) investment trust to a negative rating. Renewable funds have been in high demand for years due to their generous dividends and environmental friendliness, meaning they often trade at double-digit premiums to their ...

Demonstrating the buoyant state of the infrastructure market, Octopus Renewables Infrastructure Trust is seeking to raise up to £250m through a placing, offer for subscription and intermediaries offer and list on London’s Main Market on 10 December. Infrastructure and renewable energy trusts’ enduring popularity with investors is reflected in premiums to net asset value (NAV) and they ...

Several renewables investment trusts could issue a flood of new shares over the coming months, speculate analysts, after a blitz of project funding. Greencoat Renewables (GRP), Greencoat UK Wind (UKW) and NextEnergy (NESF) are in the frame, while Foresight Solar (FSFL) is expected to refinance circa £70m of existing debt facilities by the end of June. ‘We have reviewed commitment and ...

It wasn’t just the weather that was hot in July 2018 – according to data from Winterflood it was also the strongest month for investment trust fundraising so far in 2018 with nearly £1bn raised across the sector. More than half of this amount related to new investment trusts joining the stock market with the remainder coming from existing investment trusts raising more money. The ...

This year is set to be the best on record for Britain’s renewables electricity network, according to data provided by National Grid (NG.). Thirteen different clean energy records have been broken in 2017 as demand for solar, wind, hydro and biomass-sourced power soars. Achievements during the course of the year include the greenest summer ever; the first full day since the Industrial ...

Greencoat Renewables (GRP:AIM) has raised €270m, more than the originally hoped-for €250m target, the oversubscription demonstrating investors’ hunger for the story. Debut AIM dealings (25 Jul) were beginning as Shares went to press. Greencoat Renewables has been set-up to build a portfolio of clean energy generating projects in Ireland. The investment manager is Greencoat ...