Directorate Change

RNS Number : 0691D

Renewables Infrastructure Grp (The)

28 February 2022

 

28 February 2022

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)

Retirement of Senior Independent Director Shelagh Mason

Shelagh Mason, the Senior Independent Director on the Board of Directors of TRIG today retires from her position. Shelagh has been on the Board of Directors of TRIG since the Company's IPO in 2013. The Company's Directors and Managers extend their thanks to Ms Mason for her invaluable contribution to the success of TRIG over the last nine years.

John Whittle, who was appointed to the TRIG Board on 1 July 2021, will assume the role of the Senior Independent Director on Ms Mason's retirement.

Helen Mahy CBE, Chairman of TRIG, said: "Shelagh has made a crucial contribution to the success of TRIG. I would like to thank her for her invaluable services as a Director of the Company and, on behalf of the TRIG's Board of Directors and its Managers, I wish Shelagh the very best in her future endeavours."

Enquiries

InfraRed Capital Partners Limited  [phone]
Richard Crawford
Phil George

Minesh Shah

Mohammed Zaheer

Maitland/AMO  [phone]
Rhys Jones

Charles Withey

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 wind, solar and battery storage projects across six countries in Europe with aggregate net generating capacity of over 2.2GW; 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 39 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 21GW in capacity. RES supports over 7.5GW of operational assets worldwide for a large client base. Headquartered in Hertfordshire, UK, RES is active in 10 countries and has over 3,000 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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