Jlen Environmental: Directorate Change
10/02/2023 07:00
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RNS Number : 5066P JLEN Environmental Assets Group Ltd 10 February 2023
10 February 2023
JLEN Environmental Assets Group Limited
Director Appointment
JLEN Environmental Assets Group Limited ("JLEN" or the "Company") is pleased
to announce that Nadia Sood has been appointed to the Board as a Non-Executive
Director with effect from 10 February 2023.
Nadia brings extensive experience of executing and managing complex
infrastructure investments ranging in size across multiple international
markets. She has held a senior role within a Joint Venture with Tata Power,
has been a director at Nestlé and is a member of the Governing Council of the
IFC/World Bank SME Finance Forum. She is currently the CEO of CreditEnable, an
award-winning global credit insights and technology solutions company.
Nadia holds a Bachelor of Science in Foreign Service from The Edmund A. Walsh
School of Foreign Service at Georgetown University in Washington DC, and a
Masters in International Affairs from Columbia University, New York. She is
fluent in English, French and Norwegian.
Ed Warner, Chair, commented:
'I am delighted to welcome Nadia to the JLEN Board. She brings a wealth of
experience that will bring new perspectives and capabilities to the Board,
enhancing our work on behalf of JLEN's shareholders. Nadia's appointment is
the outcome of a rigorous, open recruitment process.'
No further disclosures are required for Nadia Sood in respect of paragraphs
9.6.13 of the Financial Conduct Authority's Listing Rules.
For further information please contact:
Foresight Group +44(0)20 7901 3559
Chris Tanner
Chris Holmes
Ed Mountney
Winterflood Securities Limited +44(0)20 3100 0000
Neil Langford
Chris Mills
SEC Newgate +44 (0)20 3757 6882
Elisabeth Cowell
Axaule Shukanayeva
Sanne Fund Services (Guernsey) Limited +44(0)1481 755530
Matt Falla
Gemma Berry
About JLEN
JLEN's investment policy is to invest in a diversified portfolio of
Environmental Infrastructure. Environmental Infrastructure is defined by the
Company as infrastructure assets, projects and asset-backed businesses that
utilise natural or waste resources or support more environmentally friendly
approaches to economic activity, support the transition to a low carbon
economy or which mitigate the effects of climate change. Such investments will
typically feature one or more of the following characteristics:
· long-term, predictable cash flows, which may be wholly or partially
inflation-linked cash flows;
· long-term contracts or stable and well-proven regulatory and legal
frameworks; or
· well-established technologies, and demonstrable operational performance
JLEN's aim is to provide investors with a sustainable, progressive dividend
per share, paid quarterly and to preserve the capital value of the portfolio
over the long term on a real basis. The target dividend for the year to 31
March 2023 is 7.14 pence per share(1). The dividend is payable quarterly.
JLEN is an Article 9 fund under the EU Sustainable Finance Disclosure
Regulation and has a transparent and award winning approach to ESG.
Further details of the Company can be found on its website www.jlen.com
(http://www.jlen.com/)
LEI: 213800JWJN54TFBMBI68
((1)) These are targets only and not profit forecasts. There can be no
assurance that these targets will be met or that the Company will make any
distributions at all.
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