Share Prices & Company Research

Stockbroking

The Renewables Infrastructure Group

Current Price 105.53p Bid 105.20p Ask 105.40p Change 0.00%
Last Updated: 24/02/2018 10:21. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

The Renewables Infrastructure Group Limited will seek to provide investors with longterm, stable dividends, whilst preserving the capital value of its investment portfolio through investment, principally in a range of operational assets which generate electricity from renewable energy sources, with a particular focus on onshore wind farms and solar PV parks. The Company is initially targeting an annualised dividend of 6 pence per Ordinary Share and will aim to increase this dividend progressively in line with inflation over the medium term. The Company is targeting an IRR in the region of 8 to 9 per cent. (net of expenses and fees) on the Issue Price of its Ordinary Shares to be achieved over the longer term via active management of the investment portfolio and reinvestment of excess cash flows.

Financial Highlights Year Ended 31/12/2017

Turnover
£93.10m
Operating Profit
£91.99m
Dividend Yield
0.00
Dividend Per Share
6.40
Dividend Cover
1.53
P/E Ratio
10.78

Key Personnel

Helen Margaret Mahy
Non-Executive Chairman
Jonathan Bridel
Non-Executive Director
Klaus Georg Hammer
Non-Executive Director
Shelagh Yvonne Mason
Non-Executive Director

Stock Details

EPIC
TRIG
ISIN
GG00BBHX2H91
Shares in Issue
947,342,959
Market cap
£1,000.39m

Analyst Views (0)

Strong Buy
 
0.00%
Buy
 
0.00%
Hold
 
0.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
105.40p
Bid Price
105.20p
Ask Price
105.40p
Volume
581730
Change Today
0.00p
% Change Today
0.00%
Open
105.20p
Previous Close
105.40p
Intraday High
106.00p
Intraday Low
105.20p
52 Week High
112.30p
52 Week Low
101.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

The Renewables Infrastructure Group Intra-day Chart

The Renewables Infrastructure Group News

News in this section is provided by MoneyAM

Renewables Infrastructure Group profit propelled by wind farms 20 Feb 2018 | 08:35 TRIG acquires wind farm 18 Jan 2018 | 09:14 Director Deals - The Renewables Infrastructure Group Ltd (TRIG) 04 Oct 2017 | 09:20 TRIG issues shares 25 Sep 2017 | 14:32 FTSE slumps as airlines remain weak 18 Aug 2017 | 16:53 Tragic terror attack weighs on airlines 18 Aug 2017 | 11:38 FTSE falls after Barcelona terror attack 18 Aug 2017 | 08:49 Renewables Infrastructure profit soars by 63% 18 Aug 2017 | 07:34 FLASH: Renewables Infrastructure profit surges 63% 18 Aug 2017 | 07:21 Renewables Infrastructure acquires Broxburn 14 Aug 2017 | 09:23 FLASH: Renewables Infrastructure acquires Broxburn 14 Aug 2017 | 07:33 TRIG declares 1.6p interim dividend 27 Jul 2017 | 14:25 Director Deals - The Renewables Infrastructure Group Ltd (TRIG) 05 Jul 2017 | 17:30 Director Deals - The Renewables Infrastructure Group Ltd (TRIG) 05 Jul 2017 | 17:25 Director Deals - The Renewables Infrastructure Group Ltd (TRIG) 05 Jul 2017 | 17:25 Broker Forecast - Macquarie issues a broker note on The Renewables Infrastructure Group Ltd 05 Jul 2017 | 09:50 Renewables Infrastructure issues shares 26 Jun 2017 | 13:24 Renewables Infrastructure acquires Garreg Lwyd Hill Wind Farm 17 May 2017 | 13:06 TRIG acquisition Neilston Community Wind Farm 09 May 2017 | 07:35 FLASH: TRIG acquisition Neilston Community Wind Farm 09 May 2017 | 07:03 Director Deals - The Renewables Infrastructure Group Ltd (TRIG) 05 Apr 2017 | 16:55 Director Deals - The Renewables Infrastructure Group Ltd (TRIG) 05 Apr 2017 | 16:55 Director Deals - The Renewables Infrastructure Group Ltd (TRIG) 05 Apr 2017 | 16:55 TRIG issues shares 27 Mar 2017 | 13:05

Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Tangible Assets
0.0
0.0
Intangible Assets & Goodwill
0.0
0.0
Investments & Other Non-Current Assets
973.3
817.8
Total Non-Current Assets
973.3
817.8
Inventory
0.0
0.0
Trade & Receivables
1.0
0.8
Cash & Receivables
10.7
18.5
Other Current Assets & Assets Held for Resale
0.0
0.0
Total Assets
985.0
837.1

Liabilities (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Short Term Liabilities
2.2
2.9
Long Term Liabilities
0.0
0.0
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
2.2
2.9

Net Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Net Assets
982.8
834.3

Equity (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Share Capital
0.0
0.0
Minority Interests
0.0
0.0
Retained Earnings
37.7
5.8
Share Premium Account
944.1
827.7
Other Equity
1.0
0.8
Total Equity
982.8
834.3

Cashflow (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Cashflow from Operating Activities
55.6
41.6
Cashflow Before Financing
-66.0
-36.0
Increase / Decrease in Cash
-7.9
3.7

Income (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Turnover
93.1
76.0
Cost of Sales
0.0
0.0
Gross Profit
0.0
0.0
Operating Profit
92.0
75.0
Pre-Tax Profit
90.2
67.9
Profit / Loss for the Year
90.2
67.9

Dividend History

Data has been provided by MoneyAM

Period
Ex-Dividend Date
Payment Date
H2 Dividend
15 Feb 2018
29 Mar 2018
Q3 Dividend
16 Nov 2017
29 Dec 2017
H1 Dividend
17 Aug 2017
29 Sep 2017
Q1 Dividend
18 May 2017
30 Jun 2017
H2 Dividend
16 Feb 2017
31 Mar 2017
Q3 Dividend
17 Nov 2016
30 Dec 2016
H1 Dividend
18 Aug 2016
30 Sep 2016
Q1 Dividend
26 May 2016
30 Jun 2016
H2 Dividend
18 Feb 2016
31 Mar 2016
H1 Dividend
20 Aug 2015
30 Sep 2015
H2 Dividend
19 Feb 2015
31 Mar 2015
H1 Dividend
20 Aug 2014
30 Sep 2014
H2 Dividend
19 Feb 2014
31 Mar 2014
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.