Annual Financial Report

RNS Number : 4314Q

SDCL Energy Efficiency Income Tst

18 June 2020

 

18 June 2020

SDCL Energy Efficiency Income Trust plc
("SEEIT" or the "Company")

Publication of Annual Report and Audited Financial Statements

SDCL Energy Efficiency Income Trust plc ("SEEIT" or the "Company") confirms that its annual report and audited financial statements for the period ending 31 March 2020 (the "2020 Annual Report") is now available to view and download from the Company's website at www.sdcleeit.com . A copy of the 2020 Annual Report has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

Those shareholders who have previously requested communications in paper format have been mailed a copy of the Annual Report and Audited Financial Statements.

For Further Information

Sustainable Development Capital LLP Jonathan Maxwell Eugene Kinghorn Keith Driver	T: [phone]
Jefferies International Limited Tom Yeadon Gaudi Le Roux Neil Winward	T: [phone]
TB Cardew Ed Orlebar Joe McGregor	T: [phone] M: [phone] E: [e-mail]

About SEEIT

SDCL Energy Efficiency Income Trust plc (the "Company") is the first UK listed company of its kind to invest exclusively in the energy efficiency sector. Examples of the projects in the portfolio include combined cooling/heating and power plants, as well as energy efficiency projects in the UK and the US. Since IPO, the Company has invested in a diversified portfolio of energy efficiency assets, including the seed portfolio, a portfolio of rooftop solar PV projects for Tesco (UK), a portfolio of cogeneration assets (USA), a portfolio of energy efficiency loans (USA) and a portfolio of cogeneration assets (Spain).

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 of 7-8 per cent. per annum (net of fees and expenses and by reference to the initial issue price of £1.00 per Ordinary Share), with a stable dividend income, capital preservation and the opportunity for capital growth.

Further information can be found on the Company's website at www.sdcleeit.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 the group also operates worldwide from offices in New York, Dublin, Hong Kong and Singapore. SDCL is authorised and regulated in the UK by the Financial Conduct Authority.

 

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