Renewables fund increases value 17% in H1

In its H1 financial results the group said that its value increased with the acquisition of two solar parks and two onshore wind farms, to bring the portfolio’s total generating capacity to 341.1MW.

Since the midday year mark the company has added a further three solar PV assets for £73.7 million with generating capacity of 56.6MW, to take the total to 397.7MW, Trig added.

“Since our IPO just over a year ago, the company has now grown by half – by number of projects and by portfolio value, providing nearly 400MW of generating capacity from 27 onshore wind and solar PV projects,” said Trig non-executive chair Helen Mahy.

“Trig is well positioned to continue its portfolio growth while delivering long term, consistent and reliable dividends for institutional and other investors seeking an attractive yield-based risk-adjusted return,” Mahy added.