22 November 2024
SDCL Energy Efficiency Income Trust plc
("SEEIT" or the "Company")
Directorate Change
In accordance with UK Listing Rule 6.4.9(2), SEEIT confirms that Tony Roper, Independent Non-Executive Chair of the Company, has been appointed as an independent non-executive director of Foresight Solar Fund Limited with effect from 21 November 2024.
For Further Information
Sustainable Development Capital LLP Jonathan Maxwell Eugene Kinghorn Tamsin Jordan
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T: +44 (0) 20 7287 7700
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Jefferies International Limited Tom Yeadon Gaudi Le Roux
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T: +44 (0) 20 7029 8000
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TB Cardew Ed Orlebar Henry Crane |
T: +44 (0) 20 7930 0777 M: +44 (0) 7738 724 630 |
About SEEIT
SDCL Energy Efficiency Income Trust plc is a constituent of the FTSE 250 index. It was the first UK listed company of its kind to invest exclusively in the energy efficiency sector. Its projects are primarily located in North America, the UK and Europe and include, inter alia, a portfolio of cogeneration assets in Spain, a portfolio of commercial and industrial solar and storage projects in the United States, a regulated gas distribution network in Sweden and a district energy system providing essential and efficient utility services on one of the largest business parks in the United States.
The Company aims to deliver shareholders value through its investment in a diversified portfolio of energy efficiency projects which are driven by the opportunity to deliver lower cost, cleaner and more reliable energy solutions to end users of energy.
The Company is targeting an attractive total return for shareholders, with a stable dividend income, capital preservation and the opportunity for capital growth. The Company is targeting a dividend of 6.32 pence per share in respect of the financial year to 31 March 2025. SEEIT's last published NAV was 90.5p per share as at 31 March 2024.
Past performance cannot be relied on as a guide to future performance.
Further information can be found on the Company's website at www.seeitplc.com.
Investment Manager
SEEIT's investment manager is Sustainable Development Capital LLP ("SDCL"), an investment firm established in 2007, with a proven track record of investment in energy efficiency and decentralised generation projects in the UK, Continental Europe, North America and Asia.
SDCL is headquartered in London and operates worldwide from offices in New York, Dublin, Madrid, Hong Kong and Singapore. SDCL is authorised and regulated in the UK by the Financial Conduct Authority.
Further information can be found on at www.sdclgroup.com.