Octopus Renewables Infrastructure Trust Explained

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.

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

• Official site

Notes and References

1. Web site: 31 December 2023 . Octopus Renewables Infrastructure Trust plc: Annual Report . 9 May 2024 . Companies House.
2. Web site: Thicknesse. Edward. 6 December 2019. New Octopus Renewables trust smashes target in £350m float. City AM. 27 February 2020.
3. Web site: Osborne Clarke advises Octopus Renewables Infrastructure Trust and Sky Renewables. 28 April 2022. Osborne Clarke. 23 November 2022.
4. Web site: 30 June 2021. Octopus Renewables - Further Investment Management Update. 2021-07-07. Proactiveinvestors UK.
5. Web site: 16 September 2022 . Octopus Renewables Trust makes wind farm investments in UK and Germany . 23 November 2022 . IPE Real Assets.
6. News: 16 September 2022 . Octopus Renewables increases ownership of Lincs Wind Farm . 23 November 2022 . 4C Offshore.
7. Web site: Octopus Renewables Infrastructure Trust snaps up solar and battery storage plant. 17 June 2022. City AM. 23 November 2022.
8. News: Octopus Renewables invests in 48-MW unsubsidised wind farm in Scotland. 12 August 2022. Renewables Now. 23 November 2022.