Investment Trusts

The Renewables Infrastructure Group Limited

TRIG:LSE

The Renewables Infrastructure Group Limited

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  • Price (GBX)91.50
  • Today's Change-0.90 / -0.97%
  • Shares traded2.45m
  • 1 Year change-15.59%
  • Beta0.2179
Data delayed at least 20 minutes, as of Nov 21 2024 16:03 GMT.
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About the company

The Renewables Infrastructure Group Limited (TRIG) is a Guernsey-based closed-ended investment company. The Company’s investment objective is to provide investors with long-term, stable dividends, whilst preserving the capital value of its investment portfolio, principally through investment in a range of operational assets which generate electricity from renewable energy sources, with a particular focus on wind farms and solar photovoltaics (PV) parks. Its diversified portfolio predominantly consists of operational wind farms, solar parks and battery storage projects in the United Kingdom and Europe. It invests in a portfolio of onshore wind, offshore wind, solar PV, and battery storage projects spread across the United Kingdom, Ireland, France, Germany, Spain, and Sweden. InfraRed Capital Partners Limited is the Company’s investment manager. Renewable Energy Systems Limited acts as the Company’s operations manager.

  • Revenue in GBP (TTM)-80.30m
  • Net income in GBP-37.70m
  • Incorporated2013
  • Employees0.00
  • Location
    The Renewables Infrastructure Group LimitedEast Wing, Trafalgar Court, Les BanquesSAINT PETER PORT GY1 3PPGuernseyGGY
  • Phone+44 1 481749700
  • Websitehttps://www.trig-ltd.com/
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Profile

Management group(s)InfraRed Capital Partners Ltd
AIC sectorRenewable Energy Infrastructure
ISINGG00BBHX2H91
Launch date29 Jul 2013
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To create shareholder value from a portfolio of renewable energy generation and supporting infrastructure, contributing towards a cleaner and more secure future.

Managed by

Richard Crawford

Management & contract fees

Management fee of 1% of the Adjusted Portfolio Value in respect of the first GBP 1 bn of the Adjusted Portfolio Value, 0.8% between GBP 1bn and 2 bn, 0.75% between GBP 2 bn and 3 bn and 0.70% in excess of GBP 3 bn.No performance or acquisition fees. The contract is terminable on 12 months notice.

Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
TRIG:LSE since
announced
Transaction
value
Fig PowerDeal completed13 Feb 202413 Feb 2024Deal completed-8.32%25.25m
Data delayed at least 20 minutes, as of Nov 21 2024 16:03 GMT.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
AJ Bell PLC245.88m81.33m1.87bn1.37k23.0210.3421.807.610.19680.19680.59510.4381.09--3.83179,080.1036.0731.2245.9836.10----33.0830.01----0.060573.9033.1919.4645.9624.6829.61--
Smithson Investment Trust PLC-26.10m-51.47m1.91bn0.00--0.9111-----0.3412-0.3412-0.164815.69-0.0106-------2.095.01-2.105.02--85.91--82.05----0.000.00134.25165.33130.31------
TP ICAP Group PLC2.20bn99.00m1.97bn5.18k20.580.970910.210.89450.12640.12642.802.680.3482--6.28425,536.001.230.74932.491.83----3.542.74--11.830.3255123.503.594.44-28.1618.25-5.51-0.292
JPMorgan American Investment Trust PLC434.96m424.07m1.98bn0.004.781.09--4.562.322.322.3810.140.2488--174.89--24.2613.7024.5113.8298.3697.4397.5095.36----0.04887.47349.4289.00321.69138.62--3.58
Quilter PLC6.43bn50.00m1.99bn2.98k39.271.34--0.3090.0360.0364.641.060.1205--10.712,155,548.000.09370.08120.0950.081799.2492.710.77764.87--1.190.1575158.1913.03-2.16-76.00-8.64-38.106.20
City of London Investment Trust plc310.57m297.42m2.09bn0.007.130.997--6.730.59360.59360.61974.240.1443--26.17--13.825.1714.015.2696.2690.0795.7788.27----0.052386.82314.8740.51384.3247.56--2.06
Renewables Infrastructure Group Ltd-80.30m-37.70m2.28bn0.00--0.7483-----0.0152-0.0152-0.03231.23-0.0252-------1.188.07-1.198.07--99.90--102.94----0.0070.79-104.36---98.89-45.73--2.17
Burford Capital Limited589.43m205.17m2.33bn161.0011.56----3.940.91640.91642.65--------3,661,068.00--7.17--8.16----47.6952.00--4.07--2.60240.4820.661,901.3213.9698.590.00
International Public Partnerships Ltd87.39m44.25m2.35bn0.0053.860.8347--26.900.02320.02320.04581.500.0294--1.89--1.495.141.505.1855.6581.4450.6478.54----0.0094.63-80.30-15.55-91.48-27.42--3.08
HgCapital Trust plc295.58m280.70m2.43bn0.008.641.00--8.210.61320.61320.64585.280.1287--1.24--12.2216.4112.2516.4352.57--94.9695.94--58.050.009.8298.4518.84114.4717.91--7.16
HICL Infrastructure PLC35.20m30.50m2.44bn0.0080.750.7663--69.240.0150.0150.01731.580.0107--100.57--0.92925.360.92955.36--99.9486.6597.95----0.00100.81-82.60-34.43-84.63-36.06--0.492
Man Group PLC1.10bn249.01m2.46bn1.79k9.911.967.852.230.20850.20850.92321.050.3373--2.45616,067.907.6211.619.2614.98----22.5827.23----0.217347.55-32.564.00-61.51-3.041.26-1.27
Monks Investment Trust PLC420.74m398.35m2.46bn0.006.790.9978--5.861.831.831.8812.430.152--28.30--14.396.3614.816.5795.7991.6694.6889.96----0.07743.24978.0514.55687.1615.10--2.57
Abrdn PLC1.41bn328.00m2.50bn5.06k7.710.48725.591.780.17630.17630.75562.790.1657----278,370.903.862.893.873.0695.4594.7623.3017.15----0.1051110.90-4.16-5.40102.18---17.67-8.40
RIT Capital Partners plc315.30m240.20m2.73bn62.0011.600.7574--8.651.631.632.1324.980.0784--1.925,085,484.005.975.896.436.3289.8592.5276.1878.21----0.072423.16128.1614.77111.4519.528.452.86
Bridgepoint Group PLC343.20m65.60m2.73bn378.0040.413.6432.327.960.08220.08220.42960.91140.1452--0.2333907,936.502.785.583.216.94----19.1126.80--17.480.682662.484.6217.10-41.38--4.34--
Data as of Nov 21 2024. Currency figures normalised to The Renewables Infrastructure Group Limited's reporting currency: UK Pound GBX
Data Provided by LSEG
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