REG - Octopus Renewables - Change of Alternative Investment Fund Manager

Octopus Renewables Infrastructure TrustAnnouncement

01/08/2024 07:00

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RNS Number : 6741Y  Octopus Renewables Infra Trust PLC  01 August 2024

1 August 2024

 

LEI: 213800B81BFJKWM2JV13

 

Octopus Renewables Infrastructure Trust plc

 

("ORIT" or the "Company")

 

Change of Alternative Investment Fund Manager

 

The Board of Octopus Renewables Infrastructure Trust plc today announces that,
with effect from yesterday's date, it has changed its alternative investment
fund manager ("AIFM") from Octopus AIF Management Limited ("OAIFM") to Octopus
Energy AIF Management Limited ("OEAIFM").  Octopus Renewables Limited,
trading as Octopus Energy Generation ("OEGEN" or the "Investment Manager"),
will remain the Company's appointed investment manager and there will be no
changes to the portfolio fund management team or fee arrangements. OEAIFM is a
subsidiary of the Octopus Energy Group and consequently both the Company's
AIFM and investment manager are now part of the Octopus Energy Group.

 

OEAIFM is authorised and regulated as an alternative investment fund manager
by the Central Bank of Ireland with its registered address is Fourth Floor,
One Molesworth Street, Dublin 2, D02 RF29, Ireland. OEAIFM has also been made
party to the administration agreement under which Apex Listed Companies
Services (UK) Limited provides administration and company secretarial services
to ORIT in order to comply with its oversight responsibilities as an AIFM.
 

 

For further information please contact:

 

 Octopus Energy Generation (Investment Manager)                                  Via Buchanan

 Chris Gaydon, David Bird

 Peel Hunt (Broker)                                                              020 7418 8900

 Liz Yong, Luke Simpson, Huw Jeremy (Investment Banking)

 Alex Howe, Chris Bunstead, Ed Welsby, Richard Harris, Michael Bateman (Sales)

 Buchanan (Financial PR)                                                         020 7466 5000

 Charles Ryland, George Beale

 Apex Listed Companies Services (UK) Limited (Company Secretary)                 020 3327 9720

 

 

Notes to editors

 

About Octopus Renewables Infrastructure Trust

 

Octopus Renewables Infrastructure Trust ("ORIT") is a premium-listed,
closed-ended investment company incorporated in England and Wales focused on
providing investors with an attractive and sustainable level of income
returns, with an element of capital growth, by investing in a diversified
portfolio of renewable energy assets in Europe and Australia. As an impact
fund, ORIT is helping accelerate the transition to net zero by investing in
green energy, whilst also contributing to a broader set of UN Sustainable
Development Goals through its impact initiatives. ORIT's investment manager is
Octopus Energy Generation.

 

Further details can be found at www.octopusrenewablesinfrastructure.com

 

About Octopus Energy Generation

 

Octopus Energy Generation is driving the renewable energy agenda by building
green power for the future. Its specialist renewable energy fund management
team invests in renewable energy assets and broader projects helping the
energy transition, across operational, construction and development stages.
The team was set up in 2010 based on the belief that investors can play a
vital role in accelerating the shift to a future powered by renewable energy.
It has a 13-year track record with approximately £6.7 billion of assets under
management (AUM) (as of 31 March 2024) across 20 countries and total 4.0GW.
These renewable projects generate enough green energy to power 2.5 million
homes every year, the equivalent of taking over 1.5 million petrol cars off
the road. Octopus Energy Generation is the trading name of Octopus Renewables
Limited.

 

Further details can be found at www.octopusenergygeneration.com

 

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