JLEN Environmental Assets (JLEN) and the wider renewable energy infrastructure sector have traded at a persistently wide discount with investor sentiment seemingly continuing to wane. This has triggered the activation of a discontinuation vote at JLEN’s AGM in September. JLEN’s manager strongly believes shareholders should vote against discontinuation, citing its long-term performance record, which has produced NAV total returns of 119.5% since its launch just over 10 years ago to the end of June and delivered dividend growth every year. The fundamental growth story for the sector remains as strong as ever, it adds, with investment in the energy sector growing – the majority of which, the manager states, is going to clean energy technology such as renewables, low carbon fuels, nuclear, grids and battery storage. JLEN aims to provide its shareholders with a sustainable, progressive dividend, paid quarterly, and to preserve the capital value of its portfolio. It invests in a diversified portfolio of environmental infrastructure projects generating predictable wholly or partially index-linked cash flows. Investment in these assets is underpinned by a global commitment to support the transition to a low-carbon economy and mitigate the effects of climate change.