Notice of Results

RNS Number : 0396Z

SDCL Energy Efficiency Income Tst

15 May 2019

 

15 May 2019

SDCL Energy Efficiency Income Trust plc
("SEEIT" or the "Company")

Notice of Results

SDCL Energy Efficiency Income Trust plc (LSE: SEIT) expects to announce its results for the period ended 31 March 2019 at 7.00am BST on Thursday 27 June 2019.

There will be a meeting for analysts at 9.30am BST on 27 June 2019 at the offices of Jefferies International Limited, Vintners Place, 68 Upper Thames St, London EC4V 3BJ.

For Further Information

Sustainable Development Capital LLP Jonathan Maxwell Miles Alexander Keith Driver	T: [phone]
Jefferies International Limited Gary Gould Tom Hovanessian	T: [phone]
TB Cardew Ed Orlebar Emma Crawshaw	T: [phone] M: [phone] E: [e-mail]

About SEEIT

SDCL Energy Efficiency Income Trust plc is the first listed company of its kind to invest exclusively in the energy efficiency sector. Having raised £100 million gross proceeds in its London Stock Exchange IPO in December 2018, the Company acquired its seed portfolio later that month for a total cash commitment of £87 million. Examples of the projects in the seed portfolio include Combined Cooling/Heating and Power Plants at a Citi data centre and St Bartholomew's Hospital in London, as well as LED lighting projects for hundreds of Santander properties and over 100 NCP car parks in the UK. In addition, SEEIT announced on 7 March its first acquisition in the United States comprising a 71% interest in a high-quality portfolio of eight operating CHP projects for a total cash consideration of $5 million.

SEEIT 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.

SEEIT 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.

Further information can be found on the Company's website at www.sdcleeit.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 the group also operates worldwide from offices in New York, Dublin and Singapore. SDCL is authorised and regulated in the UK by the Financial Conduct Authority.

 

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