Downing Renew& Infra - Appointment of Non-Executive Director
08/07/2024 07:00
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RNS Number : 3939V Downing Renewables & Infrastructure 08 July 2024
8 July 2024
Downing Renewables & Infrastructure Trust plc
("DORE" or the "Company")
Appointment of Non-Executive Director
The Board of DORE is pleased to announce the appointment of Astrid Skarheim
Onsum as a Non-Executive Director and member of the Audit and Risk, Management
Engagement, Nomination and Remuneration Committees, with effect from 15 July
2024.
Astrid Skarheim Onsum is an accomplished executive and non-executive director
with extensive experience in global business ventures, particularly in the
energy transition, circular economy and renewable energy sectors. Currently,
Astrid is a Non-Executive Director of Seatrium Ltd, a Singapore Exchange
quoted global maritime technology and construction group, where she serves on
the Audit & Risk Committee. Additionally, Astrid is a Non-Executive
Director of Epiroc AB (Sweden), a NASDAQ Stockholm quoted entity, which is a
global leader in hard rock mining equipment, where she sits on the Audit
Committee. Astrid also serves on the Board of Spoor a.s (Norway) and is a
member of the Advisory Board of Airloom Energy Inc (USA).
Astrid has held several key leadership positions within the Aker ASA group
(quoted on the Oslo Stock Exchange), including serving as Chief Digital
Officer of Aker Solutions ASA and CEO of Aker Offshore Wind ASA. She has also
served as CEO of NG Group AS and Chair of Nordic Unmanned ASA (quoted on
Euronext Growth Market Oslo). Additionally, Astrid has contributed her
expertise in climate-friendly investments as a government-appointed expert for
the Norwegian Ministry of Industry and Fisheries.
There are no other disclosures pursuant to Listing Rule 9.6.13.
DORE's Chair, Hugh Little, commented:
"On behalf of the Board, I am absolutely delighted to be welcoming Astrid to
the DORE team. She was the standout candidate from a very thorough process.
Astrid's engineering background combined with a hugely successful career
working in energy markets and a more recent focus on renewable energy within
the Nordic Region, all make her ideally suited for a role on the DORE Board.
We very much look forward to working with Astrid during the exciting next
stages of the Company's development as a leading investor in renewable energy
projects across the UK and Northern Europe."
LEI: 2138004JHBJ7RHDYDR62
Contact
Downing LLP - Investment Manager to the Company +44 (0)20 3954 9908
Tom Williams
Singer Capital Markets - Joint Corporate Broker +44 (0)20 7496 3000
Robert Peel, Alaina Wong, Jalini Kalaravy (Investment Banking)
Sam Greatrex, Alan Geeves, James Waterlow, William Gumpel (Sales)
Winterflood Securities Limited - Joint Corporate Broker +44 (0)20 3100 0000
Neil Morgan (Corporate Finance)
Darren Willis, Andrew Marshall (Sales)
TB Cardew - Public relations advisor to the Company
Tania Wild +44 (0)20 7930 0777
Henry Crane +44 (0)7425 536 903
+44 (0)7918 207157
DORE@tbcardew.com (mailto:DORE@tbcardew.com)
About Downing Renewables & Infrastructure Trust plc
DORE is a closed-end investment trust that aims to provide investors with an
attractive and sustainable level of income, with an element of capital growth,
by investing in a diversified portfolio of renewable energy and infrastructure
assets in the UK and Northern Europe. DORE has been awarded the London Stock
Exchange's Green Economy Mark in recognition of its contribution to the global
'Green Economy'.
The Board classifies DORE as a sustainable fund with a core objective of
accelerating the transition to net zero through its investments, compiling and
operating a diversified portfolio of renewable energy and infrastructure
assets to help facilitate the transition to a more sustainable future. The
Company believes that this directly contributes to climate change mitigation.
DORE's strategy, which focuses on diversification by geography, technology,
revenue and project stage, is designed to increase the stability of revenues
and the consistency of income to shareholders. For further details please
visit www.doretrust.com (http://www.doretrust.com/) .
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