Publication of TRIG's 2021 Sustainability Report

RNS Number : 2948A

Renewables Infrastructure Grp (The)

01 June 2021

 

1 June 2021

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)

Publication of TRIG's 2021 Sustainability Report

The Board of TRIG is pleased to publish the Company's 2021 Sustainability Report. Sustainability and investing responsibly is central to the Company's purpose and the Board is pleased to present a review of our sustainability performance as well as outlining the next steps on the Company's journey.

The Board are grateful to be supported by the Company's Managers, InfraRed and RES, who share equally the Board's commitment to environmental, social and governance matters, and the report also encompasses the performance of the Managers.

The TRIG 2021 Sustainability Report can be found on the Company's website at the following link: https://www.trig-ltd.com/sustainability

Helen Mahy, CBE, Chairman of TRIG, said :

"Sustainability is of crucial importance to the TRIG Board and to me personally. As we demonstrate in this report, we have made significant progress in 2020 and we have outlined our key next steps for the years ahead. We firmly believe that when environmental, social and economic responsibility come together in a strong governance framework, the foundations for a sustainable, long-term investment proposition are created, providing a bedrock for the Company's future success."

Richard Crawford, Director, Infrastructure at InfraRed Capital Partners, said:

"Our long-term investment horizon means that acting responsibly towards stakeholders is crucial to maintaining a sustainable business model as well as delivering the best operational and financial performance for the Company's shareholders. The report we publish today has many tangible examples showing how sustainability features in all aspects of the management of the Company."

Enquiries

InfraRed Capital Partners Limited  [phone]
Richard Crawford
Phil George

Minesh Shah

Mohammed Zaheer

Maitland/AMO  [phone]
James Isola

Zara de Belder

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 over 75 wind, solar and battery storage projects with aggregate net generating capacity of over 1.9GW, enough renewable power for over one million homes and displacing over 1.3 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

TRIG's Investment Manager is InfraRed Capital Partners Limited ("InfraRed") which has successfully invested in over 200 infrastructure projects since 1997. InfraRed is a leading international investment manager focused on infrastructure and real estate. It operates worldwide from offices in London, Hong Kong, New York, Seoul, Sydney and Mexico City. With over 190 professionals it manages in excess of USD 12 billion of 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 85 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 at 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 38 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 17GW in capacity. RES supports over 6.3GW of operational assets worldwide for a large client base. Headquartered in Hertfordshire, UK, RES is active in 10 countries and has over 2,000 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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