REG - Octopus Renewables - Statement re Government Consultation on Indexation

Octopus Renewables Infrastructure TrustAnnouncement

06/11/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251106:nRSF3884Ga&default-theme=true

RNS Number : 3884G  Octopus Renewables Infra Trust PLC  06 November 2025

6 November 2025

 

LEI: 213800B81BFJKWM2JV13

 

Octopus Renewables Infrastructure Trust plc

("ORIT" or the "Company")

 

Statement re Government consultation on ROC and FiT indexation methodology

Potential impact on Company estimated to be limited

 

Octopus Renewables Infrastructure Trust PLC, the diversified renewables
infrastructure company, notes the consultation published by the UK Department
for Energy Security and Net Zero on 31 October 2025 proposing potential
changes to the inflation indexation methodology used in the Renewable
Obligation ("ROC") and Feed-in Tariff ("FiT") schemes from next year.

 

The consultation outlines two potential approaches. Broadly:

 

1.    An immediate (at the next annual adjustment in March 2026) switch
from Retail Price Index ("RPI") to Consumer Price Index ("CPI") for ROC buyout
price indexation and FiT tariff uplifts, bringing the date forward from 2030

2.    A temporary freeze in ROC buyout price indexation at the 2025/2026
level, with effect from April 2026, followed by a gradual realignment with CPI

 

The Investment Manager has conducted analysis on the potential impact on the
ORIT portfolio should either scenario be implemented. Given ORIT's diversified
portfolio and limited exposure to ROC-linked revenue (less than 30% of
forecast revenues in each of the next five years), the estimated indicative
(and limited) impact on net asset value ("NAV") per share is outlined in the
table below. ORIT does not have any UK FiT revenues.

 

 

 Scenario                                                                     Estimated impact on ORIT's NAV per Share
 1 - Immediate (from March 2026) switch from RPI to CPI for ROC buyout price  c.-1.1p
 indexation and FiT tariff uplifts

 2 - Temporary freeze in indexation at the 2025/2026 level, followed by a     c.-3.9p
 gradual realignment with CPI

 

The Investment Manager will continue to monitor the process closely and will
provide a further update once the consultation is concluded.

 

For further information please contact:

 

 Octopus Energy Generation (Investment Manager)                   Via Burson Buchanan or

 Chris Gaydon, David Bird                                         orit@octopusenergygeneration.com (mailto:orit@octopusenergygeneration.com)

 Charlotte Edgar (Investor Relations)

 Peel Hunt (Broker)                                               020 7418 8900

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

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

 Burson Buchanan (Financial PR)                                     020 7466 5000

 Charles Ryland, Nick Croysdill, Jude Stokes

 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 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
(http://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 14-year track record with approximately £7.0 billion of assets under
management (AUM) (as at 30 June 2025) across 21 countries and with a total 4.4
GW of capacity managed. Octopus Energy Generation is the trading name of
Octopus Renewables Limited.

 

Further details can be found at www.octopusenergygeneration.com
(http://www.octopusenergygeneration.com/) .

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  STRUPGMWGUPAGRA



            Copyright 2019 Regulatory News Service, all rights reserved