Renewables Infrastructure Grp (The) Directorate Change (4968G)

TIDMTRIG

RNS Number : 4968G

Renewables Infrastructure Grp (The)

16 November 2022

16 November 2022

The Renewables Infrastructure Group Limited

("TRIG" or "the Company", a London-listed investment company advised by InfraRed Capital Partners ("InfraRed") as Investment Manager and RES ("Renewable Energy Systems") as Operations Manager)

Appointment of non-executive Director

The Board announces that Selina Sagayam will be appointed as a non-executive director of the Company with effect from 1 March 2023.

Ms Sagayam brings deep corporate finance and legal experience from her employment at Gibson, Dunn & Crutcher where she is a leader of the firm's Environmental, Social and Governance (ESG) Practice and a Partner in their Corporate Group. She also has extensive experience as a mergers & acquisitions, financial services and regulatory law adviser.

Ms Sagayam has previously been a Non-executive Director of Hastings Group Holdings PLC and was seconded as Secretary to the UK Panel on Takeovers and Mergers.

Ms Sagayam chairs Gibson Dunn's UK Diversity & Inclusion Committee and sits on its Global Diversity Committee. She is a trustee of the charity Refuge (and chair of its People, Nomination and Remuneration Committee) and is also a member of the board of the Corporate Finance Faculty of the ICAEW.

Richard Morse, Chairman of TRIG, said: "I am delighted to welcome Selina to TRIG's Board of Directors. Selina has an outstanding legal career across M&A and sustainability sectors. In addition, her expertise in and commitment to sustainability will help TRIG maintain its strong ESG ethos and performance."

Enquiries

   InfraRed Capital Partners Limited                              [phone] 

Richard Crawford

Phil George

Minesh Shah

Mohammed Zaheer

   Maitland/AMO                                                             [phone] 

Rhys Jones

Charles Withey

   Investec Bank Plc                                                       [phone] 

Lucy Lewis

Tom Skinner

Denis Flanagan

   BNP Paribas                                                               [phone] 

Virginia Khoo

Carwyn Evans

Notes

The Company

The Renewables Infrastructure Group ("TRIG" or the "Company") is a leading London-listed renewable energy infrastructure investment company. The Company seeks 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.

TRIG is invested in a portfolio of wind, solar and battery storage projects across six countries in Europe with aggregate net generating capacity of over 2.4GW; enough renewable power for 1.7 million homes and to avoid over 2 million tonnes of carbon emissions per annum. TRIG is seeking further suitable investment opportunities which fit its stated Investment Policy.

Further details can be found on TRIG's website at www.trig-ltd.com .

Investment Manager

The Investment Manager to TRIG is InfraRed Capital Partners Limited ("InfraRed") which has successfully invested in infrastructure projects since 1997. InfraRed is a leading international investment manager, operating worldwide from offices in London, New York, Seoul and Sydney and managing equity capital in multiple private and listed funds, primarily for institutional investors across the globe. InfraRed is authorised and regulated by the Financial Conduct Authority.

The infrastructure investment team at InfraRed consists of over 110 investment professionals, all with an infrastructure investment background and a broad range of relevant skills, including private equity, structured finance, construction, renewable energy and facilities management.

InfraRed implements best-in-class practices to underpin asset management and investment decisions, promotes ethical behaviour and has established community engagement initiatives to support good causes in the wider community. InfraRed is a signatory of the Principles of Responsible Investment.

Further details can be found on InfraRed's website www.ircp.com .

Operations Manager

TRIG's Operations Manager is RES (" Renewable Energy Systems"), the world's largest independent renewable energy company.

RES has been at the forefront of wind energy development for over 40 years, with the expertise to develop, engineer, construct, finance and operate projects around the globe. RES has developed or constructed onshore and offshore wind, solar, energy storage and transmission projects totalling more than 22GW in capacity. RES supports over 9.5GW of operational assets worldwide for a large client base. Headquartered in Hertfordshire, UK, RES is active in 11 countries and has over 3,000 employees engaged in renewables globally.

RES is an expert at optimising energy yields, with a strong focus on safety and sustainability. Further details can be found on the website at www.res-group.com .

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November 16, 2022 02:00 ET (07:00 GMT)