Octopus Renewables Infrastructure Trust

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 £599 million at December 2023.[1]

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]

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