Friday saw SDCL Energy Efficiency Income Trust plc (SEEIT) announce a directorate change involving Tony Roper, the company's Independent (LON:IOG) Non-Executive Chair. Roper has been appointed as an independent non-executive director of Foresight Solar Fund Limited, effective from Thursday, 21 November 2024. This move is in compliance with the UK Listing Rule 6.4.9(2).
SEEIT, a FTSE 250 constituent, focuses exclusively on investments in the energy efficiency sector. The company's portfolio spans across North America, the UK, and Europe, including cogeneration assets in Spain, solar and storage projects in the United States, a regulated gas distribution network in Sweden, and a district energy system in one of the largest U.S. business parks.
The company aims to provide shareholders with value through diversified energy efficiency projects. These projects aim to offer end users of energy lower cost, cleaner, and more reliable solutions. SEEIT is targeting a dividend of 6.32 pence per share for the financial year ending 31 March 2025, with the last published NAV being 90.5p per share as of 31 March 2024.
Sustainable Development Capital LLP (SDCL), SEEIT's investment manager, has a history of investing in energy efficiency and decentralized generation projects. Established in 2007, SDCL is headquartered in London and operates globally with offices in various major cities, including New York and Singapore. SDCL is authorized and regulated in the UK by the Financial Conduct Authority.
For those seeking further information on SEEIT, the company maintains a website at www.seeitplc.com, and additional details about SDCL can be found at www.sdclgroup.com. This announcement was disseminated by RNS, the news service of the London Stock Exchange (LON:LSEG), and is subject to the terms and conditions of use and distribution as established by the Financial Conduct Authority in the United Kingdom (TADAWUL:4280).
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