Liberum acts as Joint Bookrunner on TRIG’s £120m fundraising

We are pleased to announce that Liberum acted as Joint Bookrunner on a tap issue to raise £120m for The Renewables Infrastructure Group (“TRIG”) through the issue of 100m shares at 120p. Investec acted as Joint Bookrunner alongside Liberum.

Trig

TRIG is a FTSE 250 listed, leading renewable energy infrastructure investment company with a market cap of c.£2.2bn. The company seeks to provide attractive income-based returns through investment exposure to a large, highly diversified portfolio of over 70 wind, solar and energy storage infrastructure projects, with an aggregate net generating capacity in excess of 1.5GW.

The net proceeds of the tap issue will be applied in repaying amounts drawn under TRIG’s revolving acquisition facility and to fund its pipeline of investment opportunities.

Liberum was appointed as Joint Corporate Broker to TRIG in December 2015 and has helped raise over £1bn since appointment.

Liberum Team

Investment Banking 
Chris Clarke
Gillian Martin
Louis Davies
Miquela Bezuidenhoudt

Sales 
Andrew Davies
Anastasia Mikhailova
Jack Kershaw

Research 
Conor Finn

Corporate & Investor Relations 
Georgina Wood

London
New York

Our offices

London

Ropemaker Place, Level 12 25 Ropemaker Street London EC2Y 9LY

New York

20th Floor 575 Fifth Avenue New York NY 10017