RNS Announcements relating to The Renewables Infrastructure Group Limited . All announcements from sources including RNS,PRN,BZW,NLK,CCN,CIS,HUG,AFX,TNS
17 February 2021 | 07:44am StockMarketWire.com - Green energy investor The Renewables Infrastructure Group forecast a flat dividend for 2021 after its annual profit was hurt by by lower power price forecasts amid the pandemic. Net profit for the year through December fell 38% to £100.2 million amid lower gains on investments. The company s net asset value per share edged up to 115.3p, from 115.0p at the end of December. TRIG declared a fourth interim dividend of 1.69p per share to bring the aggregate 2020 dividend to 6.76p, in line with the target set for the year. Citing an uncertain backdrop owing to the pandemic, it said it was targeting an unchanged dividend of 6.76p per share for 2021.
15 January 2021 | 07:26am StockMarketWire.com - The Renewables Infrastructure Group Limited (TRIG) said it has exchanged contracts to acquire an equity interest of 17.5% in the Beatrice offshore wind farm from Copenhagen Infrastructure Partners. Following completion of the transaction, Beatrice will represent approximately 12% of TRIG s investment portfolio. Beatrice is a 588 megawatt offshore wind farm developed by SSE sing Siemens turbines. The wind farm is located approximately 13km off the north east coast of Scotland and comprises 84 Siemens seven megawatt turbines which utilise direct drive technology. The investment, which is subject to regulatory and lender consents which are expected to be received in the coming weeks, will be financed from a drawdown of the group s recently renewed revolving credit facility.