REG - Aquila Euro Rnwbls. Aquila Eur R. - AERI - Dividend Declaration

Aquila European RenewablesAnnouncement

05/02/2021 07:01

RNS Number : 0766O
  
Aquila European Renewables Income
  
05 February 2021
  
 

5 February 2021
Aquila European Renewables Income Fund plc
 
Dividend Payment
 
The Board of Aquila European Renewables Income Fund plc ("AERIF" or the "Company") is pleased to declare a fourth interim dividend for the year to 31 December 2020 of 1.25 cents per Ordinary share. This dividend is in line with the target set out in the Company's prospectus dated 17 September 2020. The dividend will be paid on 12 March 2021 to shareholders who appear on the register on 19 February 2021.  The Company's Ordinary shares will be marked ex-dividend on 18 February 2021.
 
For further details contact:
 
Media contacts
Smithfield Consultants
Ged Brumby | 020 3047 2527
John Kiely | 020 3047 2538
Andrew McLagan | 020 3047 2006
 
Corporate Broker
Numis Securities 020 7260 1000
Tod Davis
David Benda
Vicki Paine
 
Joint Financial Advisor
Kempen & Co +31 20 348 8000
Thomas ten Hoedt
Michiel Klomp
Robin van Wijk
 
NOTES
Aquila European Renewables Income Fund plc ("AERIF" or the "Company") is a London-listed renewable energy infrastructure investment company with the aim to provide investors with an attractive long-term, income-based return in EUR through a diversified portfolio of hydropower, wind and solar PV investments across continental Europe and Ireland. Through the diversification of generation technologies, the seasonal production patterns of these asset types complement each other to balance the cash flow, while the geographic diversification serves to reduce exposure to one single energy market. AERIF is targeting a minimum of 4.0 cents per ordinary share in relation to the financial year ending 31 December 2020 and 5.0 cents per ordinary share in respect of subsequent financial years, with the aim of increasing this dividend progressively over the medium term.
Further details can be found on AERIF 's website at www.aquila-european-renewables-income-fund.com
 
 

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