Publication of 2022 ESG Report

BBGI Global Infrastructure S.A.

12 June 2023

 

12 June 2023

BBGI Global Infrastructure S.A.

(the "Company" or "BBGI")

PUBLICATION OF 2022 ESG REPORT

BBGI Global Infrastructure S.A. (LSE ticker: BBGI), the global infrastructure investment company, announces the publication of its 2022 Environmental, Social, and Governance ("ESG") Report, which can be found on the Company's website at the following link: https://www.bb-gi.com/esg/

This Report provides detailed information on the progress BBGI has made during 2022 and showcases the achievements delivered at the Company's Portfolio Companies.

The Report focuses on the Company's most material ESG topics, an approach BBGI has developed based on stakeholder engagement and materiality assessment. It also aims to complement the Task Force on Climate-Related Financial Disclosures ("TCFD") reporting, included in the Company's 2022 Annual Report, by disclosing BBGI's climate metrics and scenario analysis. This is the Company's third standalone annual ESG Report.

A copy of the Company's 2022 ESG Report has been submitted to the National Storage Mechanism ("NSM") and will be available soon for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism*.

For further information, please contact:

BBGI Management Team	[phone]
Duncan Ball
Frank Schramm
H/Advisors Maitland (Communications adviser)	[phone]
James Benjamin	[e-mail]
Rachel Cohen

NOTES

BBGI Global Infrastructure S.A. (BBGI) is a responsible infrastructure investment company and a constituent of the FTSE 250 that invests in and actively manages for the long-term a globally diversified, low-risk portfolio of essential social infrastructure investments.

BBGI is committed to delivering stable and predictable cash flows with progressive long-term dividend growth and attractive, sustainable, returns for shareholders. BBGI has a proactive approach to preserving and enhancing the value of its investments, and to delivering well maintained social infrastructure for communities and end users, whilst serving society by supporting local communities.

All of BBGI's investments are availability-based and supported by secure public sector-backed contracted revenues, with inflation-linkage characteristics, that is paid so long as the assets are available for use.

BBGI's investment portfolio is over 99% operational with all its investments located across highly rated investment grade countries with stable, well developed operating environments.

BBGI's in-house management team is incentivised by shareholder returns and consistently maintains low comparative ongoing charges to shareholders.

BBGI is targeting dividends of 7.93 pence and 8.4 pence per ordinary share for the twelve months ending 31 December 2023 and 31 December 2024, respectively, representing a 6% increase year on year, and a dividend target of 8.57pps for 2025: all are expected to be fully cash-covered.**

Further information about BBGI is available on its website at www.bb-gi.com*.

The Company's LEI: 529900CV0RWCOP5YHK95

Any reference to the Company or BBGI refers also to its subsidiaries (where applicable).

* Neither the Company's website nor the content of any website accessible from hyperlinks on its website (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.

** These are guidance levels or targets only and not a profit forecast and there can be no assurance that they will be met.

 

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