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) Chris Gaydon, David Bird
| Via Buchanan |
| Peel Hunt (Broker) Liz Yong, Luke Simpson, Huw Jeremy (Investment Banking) Alex Howe, Chris Bunstead, Ed Welsby, Richard Harris, Michael Bateman (Sales)
| 020 7418 8900 |
| Buchanan (Financial PR) Charles Ryland, George Beale
| 020 7466 5000 |
| 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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