21 Feb 2022
A matter of (tail)winds
Short term tailwinds here to stay, long term appeal unchanged
TRIG delivered a good performance in FY21 despite the worst wind conditions since 2010 and the reflection of negative hits from FX, higher UK tax rate and impairments. This demonstrates the benefits of portfolio diversification and the strength of short-term tailwinds with i) record high forward power prices and ii) accelerating inflation. Both are here to stay in 2022 and asset valuations remain supported by the strong investor dema ....
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A matter of (tail)winds
Renewables Infrastructure Group Limited GBP Red.Shs (TRIG:LON) | 99.4 1.8 1.8% | Mkt Cap: 2,471m
- Published:
21 Feb 2022 -
Author:
Vaysselier Nicolas NV -
Pages:
16
Short term tailwinds here to stay, long term appeal unchanged
TRIG delivered a good performance in FY21 despite the worst wind conditions since 2010 and the reflection of negative hits from FX, higher UK tax rate and impairments. This demonstrates the benefits of portfolio diversification and the strength of short-term tailwinds with i) record high forward power prices and ii) accelerating inflation. Both are here to stay in 2022 and asset valuations remain supported by the strong investor dema ....