We can’t help but wonder if the new owners are aware of the noise and flicker complaints currently under investigation by East Renfrewshire Council!
The Renewables Infrastructure Group Limited is a closed-ended investment company, investing in and managing a portfolio of investments in renewable energy infrastructure project companies. Its objectives are to provide shareholders with an attractive long-term income-based return with a positive correlation to inflation by focusing on strong cash generation across a diversified portfolio of predominantly operating projects; to maintain prudent financial management in terms of the approach to cost control, cash management, dividend cover, financing arrangements and foreign exchange and interest rate hedging, and to diversify its investment portfolio to enhance spreading of risk, increase share liquidity and obtain further scale efficiencies, while seeking to enhance Net Asset Value (NAV) per share for investors. Its portfolio comprises over 50 investments in the United Kingdom, Republic of Ireland and France. InfraRed Capital Partners Limited is the investment manager of the Company.
http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=TRIG.L
09 May 2017, 07:35
The Renewables Infrastructure Group Ltd has completed the acquisition of a 100% interest in a UK operational wind farm, Neilston Community Wind Farm, a 10MW onshore wind project in East Renfrewshire, Scotland.
The Project was acquired from the private developer Carbon Free and Neilston Development Trust for a total consideration of £22.6m without any third-party project debt.
The Project has been accredited under the UK's 20‐year 1.0 ROC per MWh support scheme and has been operating for four years.
TRIG's investment in the project was financed from the proceeds of the recent equity raising under TRIG's share issuance programme.
The investment increases TRIG's portfolio to 54 projects with aggregate net generating capacity of 720MW.
https://www.sharesmagazine.co.uk/news/market/5545420/TRIG-acquisition-Neilston-Community-Wind-Farm
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