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Pin to quick picksRenewables Infrastructure Group Share News (TRIG)

Share Price Information for Renewables Infrastructure Group (TRIG)

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Share Price: 96.80
Bid: 96.50
Ask: 96.70
Change: 0.00 (0.00%)
Spread: 0.20 (0.207%)
Open: 96.80
High: 97.40
Low: 96.00
Prev. Close: 96.80
TRIG Live PriceLast checked at -
Renewables Infrastructure Group is an Investment Trust

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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Renewables Infrastructure sells two wind farms for GBP51 million

Fri, 22nd Mar 2024 12:34

(Alliance News) - Renewables Infrastructure Group Ltd on Friday announced the sale of two UK onshore wind farms.

The Guernsey-based renewable energy investment company sold its 100% stake in the Scottish Forss and Little Raith assets for GBP51 million.

This represents a 4% premium from the valuation of the wind farms on December 31, and follows the sale of four other sites last year that raised GBP125 million.

Proceeds will be used to reduce debt. The company expects to reduce its revolving credit facility from GBP364 million at the end of last year to GBP150 million during 2024.

The Forss and Little Raith projects, which have a total generation capacity of 32 megawatts, have been owned and operated by Renewables Infrastructure since 2013 and 2019 respectively.

Shares in Renewables Infrastructure were down 0.7% to 98.22 pence in London on Friday afternoon.

By Elijah Dale, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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Renewables Infrastructure Group announces quarterly dividend

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22 Apr 2016 08:12

Renewables Infra extends acquisition facility to 2019

(ShareCast News) - The Renewables Infrastructure Group (TRIG) said it has extended its £150m revolving acquisition facility until 2019. The facility, with Royal Bank of Scotland and National Australia Bank, has a 205 basis point margin over Libor and has a £15m working capital element. It has been u

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22 Apr 2016 07:40

Renewables Infrastructure Renews GBP150 Million Acquisition Facility

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23 Feb 2016 08:21

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23 Feb 2016 08:13

Removal of subsidies takes TRIG earnings down

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5 Jan 2016 14:11

Renewables Infrastructure invests EUR57m in solar projects

(ShareCast News) - AIM-listed investment company The Renewables Infrastructure Group has exchanged contracts to invest €57m (£42m) in a portfolio of 15 French solar ground-mounted and rooftop photovoltaic projects, alongside French renewable energy firm Akuo Energy. The deal will increase the group'

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5 Jan 2016 08:15

Renewables Infrastructure Invests EUR57 Million In French Solar Assets

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Worldpay Group, Provident Financial and DCC to join FTSE 100

(ShareCast News) - On Wednesday evening FTSE announced the results of its December review, with Worldpay Group, Provident Financial and DCC replacing G4S, Morrisons and Meggitt in the top flight index as of 18 December. The three constituents which were set to exit the FTSE 100 would fatten the rank

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2 Dec 2015 17:55

Morrisons And G4S Fall Out Of FTSE 100, Worldpay And DCC To Join

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(ShareCast News) - Renewables Infrastructure Group unveiled plans to raise further funds from its equity placing programme. The fundraising, expected to be completed early next month, will comprise of the placing of shares, with further details on the pricing and the planned amount raised to be give

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