SDCL Energy Efficiency Income Tst Notice of U.S. Inflation Reduction Act Webinar (3240R)
October 26 2023 - 1:00AM
UK Regulatory
TIDMSEIT
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 to register.
For Further Information
Sustainable Development Capital T: +44 (0) 20 7287 7700
LLP
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
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 GBP1.00 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 .
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 .
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