8 July 2024
Downing Renewables &
Infrastructure Trust plc
("DORE" or the
"Company")
Appointment of Non-Executive
Director
The Board of DORE is pleased to
announce the appointment of Astrid Skarheim Onsum as a
Non-Executive Director and member of the Audit and Risk, Management
Engagement, Nomination and Remuneration Committees, with effect
from 15 July 2024.
Astrid Skarheim Onsum is an
accomplished executive and non-executive director with extensive
experience in global business ventures, particularly in the energy
transition, circular economy and renewable energy sectors.
Currently, Astrid is a Non-Executive Director of Seatrium Ltd, a
Singapore Exchange quoted global maritime technology and
construction group, where she serves on the Audit & Risk
Committee. Additionally, Astrid is a Non-Executive Director of
Epiroc AB (Sweden), a NASDAQ Stockholm quoted entity, which is a
global leader in hard rock mining equipment, where she sits on the
Audit Committee. Astrid also serves on the Board of Spoor a.s
(Norway) and is a member of the Advisory Board of Airloom Energy
Inc (USA).
Astrid has held several key
leadership positions within the Aker ASA group (quoted on the Oslo
Stock Exchange), including serving as Chief Digital Officer of Aker
Solutions ASA and CEO of Aker Offshore Wind ASA. She has also
served as CEO of NG Group AS and Chair of Nordic Unmanned ASA
(quoted on Euronext Growth Market Oslo). Additionally, Astrid has
contributed her expertise in climate-friendly investments as a
government-appointed expert for the Norwegian Ministry of Industry
and Fisheries.
There are no other disclosures
pursuant to Listing Rule 9.6.13.
DORE's Chair, Hugh Little, commented:
"On behalf of the Board, I am
absolutely delighted to be welcoming Astrid to the DORE team. She
was the standout candidate from a very thorough process. Astrid's
engineering background combined with a hugely successful career
working in energy markets and a more recent focus on renewable
energy within the Nordic Region, all make her ideally suited for a
role on the DORE Board. We very much look forward to working with
Astrid during the exciting next stages of the Company's development
as a leading investor in renewable energy projects across the UK
and Northern Europe."
LEI: 2138004JHBJ7RHDYDR62
Contact
|
Downing LLP - Investment Manager to the
Company
Tom Williams
|
+44 (0)20 3954 9908
|
|
Singer Capital Markets - Joint Corporate
Broker
Robert Peel, Alaina Wong, Jalini
Kalaravy (Investment Banking)
Sam Greatrex, Alan Geeves, James
Waterlow, William Gumpel (Sales)
|
+44 (0)20 7496 3000
|
|
Winterflood Securities Limited - Joint Corporate
Broker
|
+44 (0)20 3100 0000
|
|
|
|
|
Neil Morgan (Corporate
Finance)
Darren Willis, Andrew Marshall
(Sales)
|
|
|
|
|
|
TB
Cardew - Public relations advisor to the Company
Tania Wild
Henry Crane
|
+44 (0)20 7930 0777
+44 (0)7425 536 903
+44 (0)7918 207157
DORE@tbcardew.com
|
About Downing Renewables & Infrastructure Trust
plc
DORE is a closed-end investment trust
that aims to provide investors with an attractive and sustainable
level of income, with an element of capital growth, by investing in
a diversified portfolio of renewable energy and infrastructure
assets in the UK and Northern Europe. DORE has been awarded the
London Stock Exchange's Green Economy Mark in recognition of its
contribution to the global 'Green Economy'.
The Board classifies DORE as a
sustainable fund with a core objective of accelerating the
transition to net zero through its investments, compiling and
operating a diversified portfolio of renewable energy and
infrastructure assets to help facilitate the transition to a more
sustainable future. The Company believes that this directly
contributes to climate change mitigation.
DORE's strategy, which focuses on
diversification by geography, technology, revenue and project
stage, is designed to increase the stability of revenues and the
consistency of income to shareholders. For further details please
visit www.doretrust.com.