Edison Investment Research - SDCL Energy Efficiency Income Trust (SEIT) SDCL Energy Efficiency Income Trust - Portfolio growth ahead of budget

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Edison Investment Research

Pedro Fonseca

SDCL Energy Efficiency Income Trust - Portfolio growth ahead of budget

SDCL Energy Efficiency Income Trust’s (SEEIT’s) interim update (for the six months to 30 September 2024) has highlighted that its operational assets, on a consolidated basis, are performing in line with management’s expectations and that the portfolio is well positioned for growth. SEEIT is actively pursuing additional financing, co-investment and disposal opportunities to support the capital needs of Onyx and EVN, which are growing ahead of budget. Surplus capital will be used to pay down SEEIT’s revolving credit facility (RCF). Management believes SEEIT is on track to deliver its target dividend of 6.32p per share for FY25 (10% current yield), which is fully covered by net operational cash received from investments.

01/10/2024 1 EN

Underlying

SDCL Energy Efficiency Income Trust

SDCL Energy Efficiency Income Trust PLC. SDCL Energy Efficiency Income Trust PLC is a United Kingdom-based closed-ended investment company. The Company is focused on providing investment solutions for energy sectors for the betterment of environment and infrastructure. Its investment business is primarily focused on clean energy and energy efficiency project finance. The Company also provides its services and solutions for healthcare, manufacturing, transportation and retail sectors.

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GB00BGHVZM47 London Stock Exchange United Kingdom

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Pedro Fonseca

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SDCL Energy Efficiency Income Trust - Portfolio growth ahead of budget

Edison issues report on SDCL Energy Efficiency Income Trust (SEIT)

SDCL Energy Efficiency Income Trust - Robust performance in H125

Edison issues report on SDCL Energy Efficiency Income Trust (SEIT)

OPAP - Winning strategy

Patria Private Equity Trust - High liquidity and solid long-term track record

MoneyHero - Emphasis on driving margin

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