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"In the last 12 months the Board has been pleased with the depth and breadth of the investment opportunities that have been sourced across a range of technologies and from a variety of partners. The diversity of our portfolio of lower carbon and energy efficient projects has enabled us to achieve our objective of contributing towards the transition to a lower carbon economy and assisting in the acceleration of the UK achieving its Net Zero targets.
With the IPO proceeds fully committed, as well as the majority of the RCF, and the strong performance of our existing portfolio, we look ahead with optimism as the Company maintains its focus on delivering a dividend fully covered by cash earnings and a total NAV return target of 7-8% for investors comprising sustainable and growing income and capital growth.
We thank our shareholders for their continued support and look forward to consulting with them regarding the amendments to our existing Investment Policy which we believe better reflects the nature of our existing portfolio and the exciting pipeline of opportunities."
Commented John Roberts, the Company's Chair.