Octopus Renewables Infrastructure Trust
Octopus Renewables Infrastructure Trust (ORIT) is a British investment trust which invests in renewable electricity generation assets in countries in Europe and Australia.[1] It floated on the London Stock Exchange in December 2019, raising £350m.[2]
The chairman is Phil Austin.[3] Its investment manager is Octopus Renewables Ltd, part of Octopus Group, who replaced Octopus Investments Ltd, also part of Octopus Group, in June 2021.[4]
The company had net assets of £599 million at December 2023.[1]
ORIT owns a 15.5% stake in the Lincs Wind Farm.[5][6] In June 2022, the company acquired the Cambridgeshire-based Breach Solar Farm[7] and, in August 2022, it acquired a 51% stake in the Crossdykes Onshore Wind Farm.[8]
References
[edit]- ^ a b "Octopus Renewables Infrastructure Trust plc: Annual Report". Companies House. 31 December 2023. Retrieved 9 May 2024.
- ^ Thicknesse, Edward (6 December 2019). "New Octopus Renewables trust smashes target in £350m float". City AM. Retrieved 27 February 2020.
- ^ "Osborne Clarke advises Octopus Renewables Infrastructure Trust and Sky Renewables". Osborne Clarke. 28 April 2022. Retrieved 23 November 2022.
- ^ "Octopus Renewables - Further Investment Management Update". Proactiveinvestors UK. 30 June 2021. Retrieved 2021-07-07.
- ^ "Octopus Renewables Trust makes wind farm investments in UK and Germany". IPE Real Assets. 16 September 2022. Retrieved 23 November 2022.
- ^ "Octopus Renewables increases ownership of Lincs Wind Farm". 4C Offshore. 16 September 2022. Retrieved 23 November 2022.
- ^ "Octopus Renewables Infrastructure Trust snaps up solar and battery storage plant". City AM. 17 June 2022. Retrieved 23 November 2022.
- ^ "Octopus Renewables invests in 48-MW unsubsidised wind farm in Scotland". Renewables Now. 12 August 2022. Retrieved 23 November 2022.
External links
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