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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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22 Oct 2018 09:02

Renewables Infrastructure Seek Share Issue Boost On Investment Options (ALLISS)

LONDON (Alliance News) - Renewables Infrastructure Group Ltd said Monday it is looking to extend its authority to issue new shares and continues to pursue "attractive" pipeline of is to

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16 Aug 2018 15:48

Quilter Lowers Renewables Infrastructure Stake To Below Threshold (ALLISS)

LONDON (Alliance News) - Renewables Infrastructure Group Ltd said Thursday that Quilter PLC lowered its stake in the company to below the notifiable threshold.Prior to the deal, Quilter a

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8 Aug 2018 10:12

Renewables Infrastructure Has Good First-Half With Net Asset Value Up

LONDON (Alliance News) - Renewables Infrastructure Group Ltd said Wednesday it had a strong first half of the year as its net asset value per share grew 1.5%.For the six months to June 30,

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8 Aug 2018 08:44

TRIG NAV rises as higher electricity prices kick in

(Sharecast News) - The Renewables Infrastructure Group (TRIG) said its net asset value per share rose to 105.2p for the half to June 30 from 103.6p at the end of December.

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6 Jul 2018 12:16

Renewables Infrastructure Raises GBP64.2 Million, Exceeding Target (ALLISS)

LONDON (Alliance News) - Renewables Infrastructure Group Ltd said Friday it has raised GBP64.2 million via share placing to repay some debt.Renewables Infrastructure issued 60.0 million at

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18 Jun 2018 09:04

Renewables Infrastructure Acquires Solwaybank Farm For GBP82 Million

LONDON (Alliance News) - FTSE 250-listed Renewables Infrastructure Group Ltd said on Monday it has acquired the Solwaybank onshore wind farm in Dumfries & Galloway, Scotland from its manager a

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18 Apr 2018 18:26

Renewables Infrastructure Raises GBP5.2 Million To Repay Borrowings (ALLISS)

LONDON (Alliance News) - Renewables Infrastructure Group Ltd on Wednesday said that it issued 5.0 million shares at a price of 105.6 pence each.The stock closed 0.6% lower at 106.00p per on

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16 Mar 2018 12:16

Renewables Infrastructure Raises GBP57.6 Million In Share Placing (ALLISS)

LONDON (Alliance News) - Renewables Infrastructure Group Ltd said Friday it raised GBP57.6 million through a share placing, more than double its initial - an -

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12 Mar 2018 12:58

Renewables Infrastructure To Raise GBP25 Million Via Share Placing (ALLISS)

LONDON (Alliance News) - Renewables Infrastructure Group Ltd said on Monday it plans to raise GBP25.0 million through placing of shares at 105.0 per in

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9 Nov 2016 08:21

Renewables Infrastructure Completes Freasdail Wind Farm Acquisition

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9 Nov 2016 08:14

Renewables Infrastructure buys Scottish winds project for £18.5m

(ShareCast News) - Renewables Infrastructure Group has bought Freasdail Wind Farm, a wind project in Scotland for £18.5m, which increased the FTSE 250 company's portfolio capacity to over 700 megawatts. The company bought the interest in Freasdail in Argyll & Bute, from the company's operations mana

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14 Sep 2016 07:57

Renewables Infrastructure Agrees Project Buy, To Raise GBP25 Million (ALLISS)

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19 Aug 2016 13:39

Friday newspaper share tips: Kingfisher, TRIG

(ShareCast News) - B&Q and Screwfix owner Kingfisher is a stock to avoid, opines The Times' Tempus column, adding that the outfit's share price looks full enough already. Investors have been jittery about Kingfisher for a while, with the much-heralded shift from DIY sheds to online buying raising so

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29 Jul 2016 08:13

Renewables Infrastructure announces second quarter dividend

(ShareCast News) - The Renewables Infrastructure Group announced a second quarterly interim dividend in respect of the three month period to 30 June on Friday, of 1.5625p per ordinary share. It said the shares will go ex-dividend on 18 August and the dividend will be paid on 30 September to sharehol

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11 Jul 2016 06:39

Renewables Infrastructure Buys Majority Stake In French Solar Plant

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