TIDMTRIG

RNS Number : 6543M

Renewables Infrastructure Grp (The)

25 May 2022

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25 May 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 Renewable Energy Systems ("RES") as Operations Manager.

Publication of TRIG's 2022 Sustainability Report

TRIG has today published its 2022 Sustainability Report, detailing our ESG performance over the last year and the next steps on the Company's sustainability journey.

TRIG's Board and our Managers, InfraRed and RES, continue to work towards fulfilling TRIG's purpose of producing clean electricity, contributing to European energy security, and delivering shareholders sustainable, long-term returns.

Within this report, we outline our SFDR categorisation and results of the EU Taxonomy assessment undertaken on the portfolio. In addition, as a signatory to the Science Based Targets initiative (SBTi), the Company is measuring and disclosing its Scope 3 emissions for the first time.

The TRIG 2022 Sustainability Report can be found on the Company's website at the following link: https://www.trig-ltd.com/sustainability

Helen Mahy, CBE, Chairman of TRIG, said:

" Investing responsibly and being mindful of environmental, social and governance factors is essential for maintaining a sustainable business model over the long term, and remains at the heart of TRIG's strategy. I am pleased to present this report as further progress towards the Company's sustainability goals."

Richard Crawford, Head of Income Funds at InfraRed, said:

"Sustainability has long been central to how InfraRed invests and manages all of our funds, including TRIG. This report highlights how we and our colleagues at RES work to integrate sustainability throughout TRIG's business."

Enquiries

   InfraRed Capital Partners Limited                              +44 (0) 20 7484 1800 

Richard Crawford

Phil George

Minesh Shah

Mohammed Zaheer

   Maitland/AMO                                                             +44 (0) 20 7379 5151 

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 spread across the UK, Ireland, France, Germany, Spain and Sweden with aggregate net generating capacity of 2.4GW, enough clean energy capable of powering over 1.7 million homes and displacing over 2 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. It operates worldwide from offices in London, New York, Seoul and Sydney. With 165 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 40 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 22GW in capacity. RES supports over 9GW 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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