Chat with us, powered by LiveChat In 2021, TRIG's net asset value increased by more than 3% - Infra-Be

Submit your CV

    Attach a CV (Accepted file types: pdf, doc, docx, rtf.)

    In 2021, TRIG’s net asset value increased by more than 3%

    The net asset value of the Renewables Infrastructure Group (TRIG) climbed by more than 3% in 2021, owing to high power costs, rising inflation, and active portfolio management.


    As of December 31, 2021, the net asset value per ordinary share was 119.3 pence, up from 115.3 pence in 2020.


    The total return on net asset value for the year was 9.5 percent. In the past year, TRIG’s portfolio generated 4125 gigawatt-hours of power, up from 3953GWh the year before.


    Helen Mahy, chair of the TRIG, stated: “Active portfolio management by InfraRed and RES has delivered robust financial performance from TRIG in a year characterised by the ongoing Covid-19 pandemic, volatile commodity markets and the lowest wind resource in the Company’s history.


    “As the company approaches the ninth anniversary of its IPO, we have progressed the Board’s succession planning with the appointments of Erna-Maria Trixl and John Whittle.


    “Shelagh Mason will be retiring from the TRIG Board at the end of February 2022 – on behalf of my fellow Directors, I thank her for her service to the company.


    “As the Board goes through this transition, my fellow Directors and I are grateful for another year of strong support from of TRIG’s shareholders as they continue to support the company’s diversification strategy.


    “The decarbonisation agenda remains central to public policy across Europe. Renewables play an essential role in providing affordable and clean electricity. This backdrop continues to ensure a bright outlook for the company.”

    Back to News & Views Start Hiring Now