Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
To provide investors with long-term dividends while preserving the capital value of its investment portfolio through investment principally in operational assets which generate electricity from renewable energy sources.
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Would like to see them branch out into tidal. Hopefully included in next round of government cfds. Power is always predictable for the lifespan of the equipment.
Well, 30% of assets suddenly going offshore - out of UK and EU regulatory jurisdiction - seems a little more than "low risk", particularly where the company investment policy is geographically restricted. The SNP Manifesto speaks of "The benefits of owning and developing our own natural resources" in specific regard to wind energy. Given their commitments to social spending and not increasing taxes they have to find a revenue source - the renewable sector must be on the target list?
"very high risk"
I'm not sure the SNP has demonstrated any heavy socialist leanings while nationalisation of assets would be a sure way of ensuring that no one lends to them (excl China). I suspect "low risk" but worth monitoring might be more worthwhile
TRIG has 30% of the portfolio invested in Scotland - on & offshore wind. Scotland as part of the UK has a stable regulatory and legal framework. TRIG also has a policy limiting investments outside of the UK and EU.
If the SNP achieve their majority next month the country will be steered towards an independence referendum in 2022. Lots of implications for TRIG but I haven't seen any discussion.... has anyone else? Scotland is listed within the TRIG Risk matrix but only in the context of Brexit.
All the evidence suggests an independent nationalist/socialist Scotland will be a fiscal and economic basket case. In this context the energy generation assets could well be nationalised to give the Scots leverage. This represents a very high risk to TRIGS operations and next months election could be a litmus test for a potential downturn in value.
Well the real story from Texas was that a fair bit more complicated. The facilities that failed were mainly driven by fossil fuels, the facilities that failed were not intelligently driven so one the power to pump CH4 was reduced so less CH4 could be burnt so there was less power (ad infinitum) and of course (apart from one small part) the Texas grid was completely independant so they had nowhere to go for warmer climate power. True the solar stopped but many of the turbines kept going with the famous photo of a helicopter de-icing a turbine was actually shot in Sweden. That they lacked hydrogen or battery power certainly didn't help and I see they are now dealing in a whole new raft of battery supply.
The problem that is worth focusing on is that of financial engineering inside a Trust. Their need to grow the fund size will mean a steady drop in share price so disadvantaging existing share holders. While that makes sense to the management (who earn ~1% of total NAV and therefore can see nothing wrong with this process) the rest of us see a bunch of disloyalty. I would be happier if management had some skin in the game and as the trust grows in size the fees reduced. Wishes... horses.
Good article probably because she is woman running a large company . To keep investing they have a constant need for funds , tapping shareholders each time only depresses the price .Time will tell but they need to back something really revolutionary that makes a difference . The experience in Texas a month ago proves the point , when it snows solar and wind don’t work .
Just waiting to see what happens here gl
Good link, there are further funding rounds ahead, she needs to find a way to run those actions while not letting the Sp drop. Plus she has to overcome the way the Sp dropped below the deal price for a couple of weeks. Nothing puts you off buying in a funding round like lower prices. Needs better advisors.
https://www.dailymail.co.uk/money/markets/article-9432745/Boss-green-energy-investment-firm-plan-power-homes.html
If the link doesn't work, it's in the "Money" section.
Still not sure why it fell further but its flirting back to the placing price. It even went above intra day.
I think Im only watching this as it dropped from the discount price in the first place and that I have just bought a chunk. I think its phycological wanting to see a rise just after you buy. Im really just after growing dividends, either by increased dividend amounts and or adding more shares.
Should give up and just look at dividend payment days not daily prices
exactly
exactly
Well buying the good side of the trendline when its so far off would be good then. You might consider selling when it swings back to trend or deviates wildly to the other side of the trend.
I sometimes look as how many years dividends its increased by and if its getting above 5 then its on the sell watch list. I also like to buy when its fallen below 200 day average
You might be better spending a few quid on professional advice rather than asking online. Whilst most people are well intentioned, there is little information to be gain in a paragraph to make decent advice.
Tax positions, length of investment horizon, other commitments, future expectations and other financials. DYOR is great but sometimes its better to get sound advice from a specialist, even if you are going to ignore it. The savings might amount to more than the cost of the advice.
Well I suppose the usual suspects really. NG. Although there are other utilities. Pnn would have been another recommendation if it didn't have a cash pile to get rid of, so might return it to shareholders. SREI or RGL would be a Reits worth looking into which should get dividends tending towards normal.
Vod, selling towers. Gsk, splitting and reducing dividend next year. Av. Click on any and look at the lists on the same page really. Why not funds or ITs
You might like SRE. This is a holder of lease/rental office blocks/industrial units in Germany. Good base load as government offices are often based there but also manufacturing and design offices. Management tend to be well focused, company is in partnership with pension funds and the like on JVs. Shares based in UK and SA. Price heart beats based on regualar 1/4 dividend but with a nice gentle upward trend.
Would anyone be so kind to highlight other companies with similar constant revenue profiles with solid dividends? I understand UKW, GSF, GCP.
Can anyone recommend any other companies with minimum 5% dividends with little volatility, backed by solid assets that you like? The REIT sector has bounced fairly hard already. Im just looking to park cash in investments that are not moving much, yet paying solid dividends. Ive recently bought a couple hundred k of these on the recent drop and looking to diversify. Thanks a lot, and good luck!
Sorry I need to explain. Some people see share prices like a graph against time because that is what LSE etc show as their picture of share prices. Other people see share prices as a random number generator moving around a trend line. In that second scenario. The volatility is three standard deviations of movement away from the trending mean. In that case the size of the volatility is just so much larger than the trend that is only ever a short term hold.
bilboburgler
I'm not sure what you mean about "volatility" Share prices rise and fall. Do you mean you want to buy at a set price that it hasn't yet fallen too.
I was tempted to add more UKW on the recent fall into the 125s but TRIG was a smaller holding in my PF and was being added too at the time. Both quite similar so didnt feel the need to add both. This also pays out on my lower paying months of the PF so evens up the income round and balance of holding somewhat.
Divi due tomorrow to add a cherry on top.
I tried to buy into Greencoat but its volatility kept being a problem so I finally took it out. Still holding TRIG on a small profit but not keen to expand holding. Finding the people in the supply chain who make the profit on wind is tricky
Checked my account and now have the shares I asked for including the extra ones. This was as expected since no scale back was announced.
Looking at the current price, its come back a bit so now only penny down. Still not sure why it dropped. I would have thought if the underwriters were left holding larger parts that they got at a discount, they might sell at cost to recoup some funds.
I don't think they were allowed a discount though.
Hi all,
Well I took the plunge and got in this morning at about 119.7, and it now seems to be recovering well. I'm not sure what caused the big apparent sell-off both on Wednesday afternoon and then yesterday afternoon. I'm surprised that there haven't been any "holdings" RNSs.
I've bought this as an investment for my ISA, not as a "trading" share. I also have a larger number of Greencoat UKW which I bought at a low a couple of weeks back. At least with these larger investment trusts the spread is a bit more reasonable than with the smaller ones such as EGL, SEIT and ORIT. A pleasant surprise with TRIG is that there's no Stamp Duty to pay on purchase - a cost which, depending on how many one is buying, can be significantly bigger than the broker commission. Compared to UKW this one is more diversified in that it's not just wind - it has solar assets as well - and it's not just UK assets.
GLA, Mike.
Trig seems to be a contra market indicator that is holding its own as CV19 collapses other shares ... so I buy in this sector when taking profits elsewhere and this sector is down .... and then reverse .... JLEN was my preference but jumped in here at 123 ish ... sold 125 with other shares taking a beating this past week taken profits and back in 119.4-121 ...
Lucky!