Downing Renewables and Infrastructure - Annual Overview from QuotedData
20th May 2024
Fundamental story to drive returns
By almost every measure, Downing Renewables and Infrastructure Trust (DORE) has delivered above expectations since its IPO in December 2020. A net asset value (NAV) total return of 33% over this period highlights the already strong performance of the trust and there remains significant scope for the asset value to compound further as the portfolio develops.
Negative sentiment towards renewable infrastructure and the UK market more broadly has meant this performance is yet to translate into meaningful returns for shareholders. However, given the already impressive development of the portfolio, a progressively increasing dividend, and its growth prospects going forward, we believe there is a significant opportunity for shares to re-rate.
Full Research:
https://quoteddata.com/research/downing-renewables-and-infrastructure-trust-qd/
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NB: Marten & Co was paid to produce this note on Downing Renewables and Infrastructure Trust, and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.
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