Octopus Renewables Infrastructure trust announced first fundraise since IPO

Looks to raise £100m

Anna Fedorova
clock • 2 min read
Fresh fundraising for renewables trust
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Fresh fundraising for renewables trust

Octopus Renewables Infrastructure Trust has announced a fresh placing aiming to raise £100m to fund a "strong pipeline" of future investment opportunities.

The trust is issuing 96,551,724 ordinary shares at a price of 103.5p per share, representing a premium of 6.3% to the NAV as at 31 March and a discount of 3.5% to the closing price per share on 9 June,...

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