The Renewables Infrastru... Share Discussion Threads

[nerja] 20/12/2019 16:40

That was a very large UT at 136p, direction of travel sign for me

[woodhawk] 18/12/2019 11:21

As even retail buyers like me can buy at the bid or sell at the offer, and all points inbetween, it's hardly surprising that the reported "buys" and "sells" are often incorrectly ascribed. Add delayed trades into the mix and it's often even more misleading.

[jonwig] 17/12/2019 11:14

schofip - there isn't one, as the LSE doesn't provide the information. And of course every trade is both a B and a S, in particular AT trades.

[schofip] 17/12/2019 10:51

Advfn does not record purchases and sales correctly. I have not been able to find any reliable source for that information

[andyadvfn1] 16/12/2019 16:29

Increased my holding, in the trades section my purchase showed up as a sale!

[igoe104] 13/12/2019 15:51

Just purchased a chunk of these, looks like a good sector to be involved in.

[jonwig] 10/12/2019 07:16

Good to see an investment in offshore wind:



If you want the location, look up 'Borkum Island'.

[gateside] 13/11/2019 21:29

With reinvested dividends my buy price is down to 92pWish all my shares were as good as TRIG and JLEN

[petewy] 13/11/2019 20:58

1.66 divi per quarter =6.6p a year. Duuuuuhhhh????????????????? I bought in at 95p = 6+% yield

[stewart64] 13/11/2019 19:23

Inexplicable 5p fall into a 1.66p dividend. What am I missing here, any ideas? Can't see it taking the full dividend hit tomorrow having already taken a triple whammy.

[skinny] 07/11/2019 14:34

The Renewables Infrastructure Group Limited (the 'Company') is pleased to announce a third quarterly interim dividend in respect of the three month period to 30 September 2019 of 1.66 pence per ordinary share (the "Q3 Dividend"). The shares will go ex-dividend on 14 November 2019 and the Q3 Dividend will be paid on 31 December 2019 to shareholders on the register as at the close of business on 15 November 2019.

[davebowler] 23/10/2019 10:02

Liberum;
The Renewables Infrastructure Group

Acquisition of UK wind farm

Mkt Cap £2,228m | Prem/(disc) 14.7% | Div yield 5.1%

Event

The Renewables Infrastructure Group has acquired a 100% interest in Little Raith Wind Farm, a 25MW operational wind farm located in Fife, Scotland. The farm consists of nine 2.75MW GE turbines and GE will continue to provide operational and maintenance services. It benefits from ROC accreditation, enabling it to receive 1.0 ROC per MWh of energy produced until 2032. It has a power purchase agreement with Statkraft Markets Gmbh effective from the commissioning date for a duration of 15 years.

Liberum view

We estimate the company's equity investment in the project was c.£49m. 2019 has been an active year for TRIG. The fund has invested over £450m across acquisitions in Sweden, France, Germany and now the UK. The most recent acquisition has come swiftly after the company's latest capital raise earlier this month. We estimate that has c.£94m in cash following this transaction. TRIG also has investment commitments of c.£140m to complete construction of the Erstrask and Solwaybank wind farms, which are due during 2020.

[11_percent] 22/10/2019 16:07

Ok cheers....need to read up a bit.

[jonwig] 22/10/2019 15:45

No, they've exchanged one asset (cash) for another (a wind farm).

[11_percent] 22/10/2019 14:45

Am I right in saying that this is a 3% increase in the TRIG NAV.

[11_percent] 22/10/2019 11:31

We just keep expanding.

===========

22 October 2019
The Renewables Infrastructure Group Limited

("TRIG" or "the Company", a London-listed investment company advised by InfraRed Capital Partners as Investment Manager and Renewable Energy Systems ("RES") as Operations Manager)
Acquisition of an operational wind farm in the UK
The Board of TRIG is pleased to announce that the Company has acquired a 100% interest in Little Raith Wind Farm ("Little Raith" or "the Project"), a 25MW operational wind farm located in Fife, Scotland. Little Raith was acquired from local developer Kennedy Renewables. The Project consists of nine 2.75MW GE turbines and GE will continue to provide full-scope Operations and Maintenance services.
Little Raith was commissioned in November 2012 and benefits from Renewable Obligation Certificate ("ROC") accreditation, enabling it to receive 1.0 ROC per MWh of energy produced until 2032. It has a power purchase agreement with Statkraft Markets Gmbh effective from the Project's commissioning date for a duration of 15 years.
The Project, which was acquired ungeared, represents approximately 3% of TRIG's portfolio. The investment was financed from the Company's cash resources following its recent fund raise.

[gateside] 07/10/2019 17:49

That news release makes no sense as TRIG has been in the ftse250 for years.

[tartshagger] 07/10/2019 12:44

This is interesting...

www.theguardian.com/business/2019/oct/07/uk-universities-in-landmark-deal-to-buy-energy-direct-from-windfarms

[jonwig] 05/10/2019 06:23

OK, but what did yesterday's RNS mean?

[gateside] 04/10/2019 20:44

It's already in the FTSE250 and has been for a number of years.

[carpingtris] 04/10/2019 18:48

Looks like it..

[jonwig] 04/10/2019 17:39

Have we been promoted to FTSE250, from 9 Oct? Announcement unclear.

[jonwig] 03/10/2019 20:04

... the Company has successfully completed the fundraising, raising gross proceeds of £227.6m.

The Issue was heavily oversubscribed. Accordingly, the Company has had to scale back applications materially. The Company will issue 185m New Ordinary Shares, being the balance remaining available under the Company's Share Issuance Programme which was put in place on 7 March 2019.

Demand is still huge, and the share price refused to stay down.

[jonwig] 02/10/2019 15:16

Why bother about the premium when you're on a roll?



PS - And you don't need Greta T to force it down your throat: just follow the money.