The NAV rose +0.6% to 105.2p over the quarter, representing a NAV total return of +2.5% for 4Q and +6.2% for FY26. In the context of significant NAV erosion across the renewables sector over the past couple of years, this is a strong result and highlights FGEN’s differentiation from the traditional solar and wind funds, with it recently being the best performing renewables portfolio. Generation was +2.6% ahead of budget thanks to the AD plants, and unsurprisingly power prices were helpful over t ....
