REG - Renew Infra Grp Ld - Publication of TRIG’s 2022 Sustainability Report

Renewables InfrastructureAnnouncement

25/05/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220525:nRSY6543Ma&default-theme=true

RNS Number : 6543M  Renewables Infrastructure Grp (The)  25 May 2022

f

 

25 May 2022

The Renewables Infrastructure Group Limited

"TRIG" or "the Company", a London-listed investment company advised by
InfraRed Capital Partners ("InfraRed") as Investment Manager and Renewable
Energy Systems ("RES") as Operations Manager.

Publication of TRIG's 2022 Sustainability Report

TRIG has today published its 2022 Sustainability Report, detailing our ESG
performance over the last year and the next steps on the Company's
sustainability journey.

TRIG's Board and our Managers, InfraRed and RES, continue to work towards
fulfilling TRIG's purpose of producing clean electricity, contributing to
European energy security, and delivering shareholders sustainable, long-term
returns.

Within this report, we outline our SFDR categorisation and results of the EU
Taxonomy assessment undertaken on the portfolio. In addition, as a signatory
to the Science Based Targets initiative (SBTi), the Company is measuring and
disclosing its Scope 3 emissions for the first time.

The TRIG 2022 Sustainability Report can be found on the Company's website at
the following link: https://www.trig-ltd.com/sustainability
(https://www.trig-ltd.com/sustainability)

Helen Mahy, CBE, Chairman of TRIG, said:

"Investing responsibly and being mindful of environmental, social and
governance factors is essential for maintaining a sustainable business model
over the long term, and remains at the heart of TRIG's strategy. I am pleased
to present this report as further progress towards the Company's
sustainability goals."

Richard Crawford, Head of Income Funds at InfraRed, said:

"Sustainability has long been central to how InfraRed invests and manages all
of our funds, including TRIG. This report highlights how we and our colleagues
at RES work to integrate sustainability throughout TRIG's business."

Enquiries

InfraRed Capital Partners Limited
                   +44 (0) 20 7484 1800

Richard Crawford

Phil George

Minesh Shah

Mohammed Zaheer

 

Maitland/AMO
+44 (0) 20 7379 5151

Rhys Jones

Charles Withey

Notes

The Company

The Renewables Infrastructure Group ("TRIG" or "the Company") is a leading
London-listed renewable energy infrastructure investment company. The Company
seeks to provide shareholders with an attractive long-term, income-based
return with a positive correlation to inflation by focusing on strong cash
generation across a diversified portfolio of predominantly operating projects.

TRIG is invested in a portfolio of wind, solar and battery storage projects
spread across the UK, Ireland, France, Germany, Spain and Sweden with
aggregate net generating capacity of 2.4GW, enough clean energy capable of
powering over 1.7 million homes and displacing over 2 million tonnes of carbon
emissions per annum. TRIG is seeking further suitable investment opportunities
which fit its stated Investment Policy.

Further details can be found on TRIG's website at www.trig-ltd.com
(http://www.trig-ltd.com) .

 

Investment Manager

 

TRIG's Investment Manager is InfraRed Capital Partners Limited ("InfraRed")
which has successfully invested in over 200 infrastructure projects since
1997. InfraRed is a leading international investment manager focused on
infrastructure. It operates worldwide from offices in London, New York, Seoul
and Sydney. With 165 professionals it manages in excess of USD 12 billion of
equity capital in multiple private and listed funds, primarily for
institutional investors across the globe. InfraRed is authorised and regulated
by the Financial Conduct Authority.

 

The infrastructure investment team at InfraRed consists of over 85 investment
professionals, all with an infrastructure investment background and a broad
range of relevant skills, including private equity, structured finance,
construction, renewable energy and facilities management.

 

InfraRed implements best-in-class practices to underpin asset management and
investment decisions, promotes ethical behaviour and has established community
engagement initiatives to support good causes in the wider community. InfraRed
is a signatory of the Principles of Responsible Investment.

 

Further details can be found on InfraRed's website at www.ircp.com
(http://www.ircp.com/) .

Operations Manager

 

TRIG's Operations Manager is RES ("Renewable Energy Systems"), the world's
largest independent renewable energy company.

 

RES has been at the forefront of wind energy development for over 40 years,
with the expertise to develop, engineer, construct, finance and operate
projects around the globe. RES has developed or constructed onshore and
offshore wind, solar, energy storage and transmission projects totalling more
than 22GW in capacity. RES supports over 9GW of operational assets worldwide
for a large client base. Headquartered in Hertfordshire, UK, RES is active in
10 countries and has over 3,000 employees engaged in renewables globally.

 

RES is an expert at optimising energy yields, with a strong focus on safety
and sustainability. Further details can be found on the website
at www.res-group.com (http://www.res-group.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  MSCBUGDUDDDDGDS