Octopus Renewables trust makes bid for Aquila European Renewables

Multiple attempts over 2023

James Baxter-Derrington
clock • 2 min read

Octopus Renewables investment trust (ORIT) has made several attempts to engage with Aquila European Renewables (AERI) over 2023, in a bid to merge the two vehicles.

According to a regulatory filing this morning (22 December), the £506m market cap ORIT has "sought on several occasions" during 2023 to engage the board of £274m market cap AERI with a view to a combination of the trusts. The ORIT board cited a variety of factors, including the "complementary portfolios", "greater technological diversification" and "substantial portfolio of operating assets", as cause to merge the vehicles into one of the largest London-listed renewable energy trusts. ThomasLloyd Energy Impact selects Octopus Energy Generation as transitional manager Both trusts ar...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

Quilter Cheviot's Claudia Quiroz: Issues for investors as US and Europe ESG divergence widens
ESG

Quilter Cheviot's Claudia Quiroz: Issues for investors as US and Europe ESG divergence widens

DE&I 'in the line of fire'

Claudia Quiroz
clock 16 April 2025 • 4 min read
Circe Invest's Fiona Frick: Investing in a world on edge
ESG

Circe Invest's Fiona Frick: Investing in a world on edge

Investors forced to reassess exposures

Fiona Frick
clock 11 April 2025 • 5 min read
Government offers UK carmakers more wriggle-room to meet EV goals
ESG

Government offers UK carmakers more wriggle-room to meet EV goals

Zero Emission Vehicle (ZEV) Mandate

Michael Holder
clock 07 April 2025 • 9 min read
Trustpilot