Octopus Renewables Infrastructure Trust (ORIT) is a British investment trust which invests in renewable electricity generation assets in countries in Europe and Australia.[1] It floated on the London Stock Exchange in December 2019, raising £350m.[2]
The chairman is Phil Austin.[3] Its investment manager is Octopus Renewables Ltd, part of Octopus Group, who replaced Octopus Investments Ltd, also part of Octopus Group, in June 2021.[4]
The company had net assets of £599million at December 2023.[1]
ORIT owns a 15.5% stake in the Lincs Wind Farm.[5][6] In June 2022, the company acquired the Cambridgeshire-based Breach Solar Farm[7] and, in August 2022, it acquired a 51% stake in the Crossdykes Onshore Wind Farm.[8]
External links
References
- Octopus Renewables Infrastructure Trust plc: Annual Report Companies House, 31 December 2023, retrieved 9 May 2024^
- Edward Thicknesse. New Octopus Renewables trust smashes target in £350m float City AM, 6 December 2019, retrieved 27 February 2020^
- Osborne Clarke advises Octopus Renewables Infrastructure Trust and Sky Renewables