REG - SDCL Energy Effcncy. - Notice of U.S. Inflation Reduction Act Webinar

SDCL Energy Efficiency Income TrustAnnouncement

26/10/2023 07:00

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RNS Number : 3240R  SDCL Energy Efficiency Income Tst  26 October 2023

26 October 2023

SDCL Energy Efficiency Income Trust plc

("SEEIT" or the "Company")

Notice of U.S. Inflation Reduction Act Webinar

SDCL, as investment manager to SEEIT, will host an online webinar on the
U.S.'s Inflation Reduction Act for investors from 13:00-14:00 on 8 November
2023.

The purpose of the webinar is to provide investors an explanation of the
workings and major provisions of the largest climate investment in U.S.
history - including its overall structure, the renewable technologies it
covers, and funding parameters - and how companies in SEEIT's portfolio can
take advantage of the policy. The webinar will also include a short Q&A
session.

Attending the webinar will be senior management figures from SDCL and one of
SEEIT's portfolio companies, including:

·      Jonathan Maxwell, CEO of SDCL

·      Purvi Sapre, Fund Manager of SEEIT

·      Buck Fletcher, CFO of Onyx Renewable Partners

 

Thomas Rosen, Managing Director and Head of Investment Banking for Low Carbon
Transition Group North America for BNP Paribas will also share his expertise
on the U.S. Inflation Reduction Act, focusing on its details and broader
impact as a policy.

The event will be livestreamed on the London Stock Exchange Group's SparkLive.
Please click here
(https://www.lsegissuerservices.com/spark/SDCLEnergyEfficiencyIncomeTrust/events/8fd45430-142f-4238-ad24-92a14fda6087)
to register.

 

For Further Information

 

 Sustainable Development Capital LLP  T: +44 (0) 20 7287 7700

 Jonathan Maxwell

 Purvi Sapre

 Eugene Kinghorn

 Tom Hovanessian

 Jefferies International Limited      T: +44 (0) 20 7029 8000

 Tom Yeadon

 Gaudi le Roux

 TB Cardew                            T: +44 (0) 20 7930 0777

 Ed Orlebar                           M: +44 (0) 7738 724 630

 Henry Crane                          E: SEEIT@tbcardew.com (mailto:SEEIT@tbcardew.com)

 

 

About SEEIT

 

SDCL Energy Efficiency Income Trust plc is a constituent of the FTSE 250
index. It was the first UK listed company of its kind to invest exclusively in
the energy efficiency sector. Its projects are primarily located in North
America, the UK and Europe and include, inter alia, a portfolio of
cogeneration assets in Spain, a portfolio of commercial and industrial solar
and storage projects in the United States, a regulated gas distribution
network in Sweden and a district energy system providing essential and
efficient utility services on one of the largest business parks in the United
States.

The Company aims to deliver shareholders value through its investment in a
diversified portfolio of energy efficiency projects which are driven by the
opportunity to deliver lower cost, cleaner and more reliable energy solutions
to end users of energy.

The Company is targeting an attractive total return for shareholders of 7-8
per cent. per annum (net of fees and expenses and by reference to the initial
issue price of £1.00 per Ordinary Share), with a stable dividend income,
capital preservation and the opportunity for capital growth. The Company is
targeting a dividend of 6.24p per share in respect of the financial year to 31
March 2024. SEEIT's last published NAV was 101.5p per share as at 31 March
2023.

Past performance cannot be relied on as a guide to future performance.

Further information can be found on the Company's website at www.seeitplc.com
(http://www.seeitplc.com) .

Investment Manager

 

SEEIT's investment manager is Sustainable Development Capital LLP ("SDCL"), an
investment firm established in 2007, with a proven track record of investment
in energy efficiency and decentralised generation projects in the UK,
Continental Europe, North America and Asia.

SDCL is headquartered in London and also operates worldwide from offices in
New York, Dublin, Madrid, Hong Kong and Singapore. SDCL is authorised and
regulated in the UK by the Financial Conduct Authority.

Further information can be found on at www.sdclgroup.com
(http://www.sdclgroup.com) .

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