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Prices & Quotes - UK Markets - The Renewables Infrastructure Group Limited (TRIG)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
128.40p
Change Today:
0.000p
Market Cap:
2,236.63m
Sector:
Equity Investment Instruments

Renew Infra acquires Blary Hill Energy

By Iain Gilbert

Date: Tuesday 21 Jan 2020

LONDON (ShareCast) - (Sharecast News) - Renewable energy infrastructure group Renew Infra has exchanged contracts to buy Blary Hill Energy, with the rights to construct a 35MW wind farm located on the Kintyre Peninsula in West Scotland.
Renew Infra said on Tuesday that the project, developed by RES, would consist of 14 Nordex N90 turbines and begin during the current quarter. It was expected to commence operations in 2022.

The AIM-listed group anticipates the project will create more than 3.9m of inward investment for the local economy during the wind farm's construction and first year of operation.

The project's revenues will come from selling power into the wholesale market without subsidy and as a result, was being funded without any third-party project-level debt.

The deal is expected to be completed before the end of the first quarter.

As of 0830 GMT, Renew Infra shares were down 0.1% at 135.88p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

TRIG Market Data

Currency UK Pounds
Price 128.40p
Change Today 0.000p
52 Week High 139.60p
52 Week Low 100.00p
Volume 3,118,658
Shares Issued 1,741.93m
Market Cap 2,236.63m

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TRIG Dividends

  Latest Previous
  Q3 Q2
Ex-Div 12-Nov-20 13-Aug-20
Paid 31-Dec-20 30-Sep-20
Amount 1.69p 1.69p

Trades for 04-Dec-2020

Time Volume / Share Price
16:35 491,873 @ 128.40p
16:29 7 @ 128.60p
16:29 70 @ 128.20p
16:29 2,000 @ 128.20p
16:29 1,108 @ 128.20p

TRIG Key Personnel