Investment Trusts

Triple Point Energy Transition PLC

TENT:LSE

Triple Point Energy Transition PLC

  • Price (GBX)45.65
  • Today's Change-1.35 / -2.87%
  • Shares traded403.62k
  • 1 Year change-21.29%
  • Beta0.4919
Data delayed at least 20 minutes, as of Oct 04 2024 16:29 BST.
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Profile data is unavailable for this security.

About the company

Triple Point Energy Transition plc is a United Kingdom-based investment trust. The Company invests in assets which generate, store, or consume energy and which contribute to its target total net asset value (NAV) return of 7-8% per annum to shareholders. The Company's investment objective is to generate a total return for investors comprising sustainable and growing income and capital growth. The Company intends to achieve its investment objective by investing in a diversified portfolio of energy transition assets typically via the acquisition of equity in, or the provision of debt financing to, the relevant investee company. It may invest in opportunities in the United Kingdom (and the Crown Dependencies) and Europe. The Company's portfolio of energy transition assets will predominantly comprise operational Energy Transition Assets. It will invest in either single assets or portfolios of multiple assets. The Company's investment manager is Triple Point Investment Management LLP.

  • Revenue in GBP (TTM)-4.76m
  • Net income in GBP-7.27m
  • Incorporated2020
  • Employees0.00
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Profile

Management group(s)Triple Point Investment Management LLP
AIC sectorRenewable Energy Infrastructure
ISINGB00BMCBZL07
Launch date19 Oct 2020
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To conduct an orderly realisation of the assets of the Group, to be effected in a manner that seeks to achieve a balance between returning cash to Shareholders promptly and maximising value, while maintaining an income return for so long as the Group continues to own assets generating sufficient income. The Company’s investments will be realised in an orderly manner, that is, with a view to achieving a balance between returning cash to Shareholders promptly and maximising value.

Managed by

Jonathan Hick, Christophe Arnoult, Ariane Brunel, Jan Libicek, Chloe Smith

Management & contract fees

Annual management fee on the following basis: On such part of the NAV that is up to and including GBP 650m, 0.9%; above GBP 650m, 0.8%. No performance fee payable. The Agreement may be terminated on not less than 12 months notice.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Sancus Lending Group Ltd14.40m-6.47m9.76m30.009.76m30.00
Blue Planet Fncls Grwt&Incm Invt Trs PLC-376.13k-484.20k14.67m0.0014.67m0.00
Triple Point Energy Transition PLC-4.76m-7.27m45.66m0.0045.66m0.00
Time Finance PLC33.18m4.44m55.05m142.0055.05m142.00
Aquis Exchange PLC23.89m4.97m101.88m75.00101.88m75.00
Litigation Capital Management Ltd26.41m6.59m113.24m--113.24m--
JPMorgan Global Core Real Assets Ltd-9.21m-11.88m151.90m0.00151.90m0.00
Amedeo Air Four Plus Ltd182.65m26.15m158.03m0.00158.03m0.00
Doric Nimrod Air Two Ltd108.88m58.22m177.07m0.00177.07m0.00
Riverstone Energy Ltd11.08m-1.73m205.97m0.00205.97m0.00
Data as of Oct 04 2024. Currency figures normalised to Triple Point Energy Transition PLC's reporting currency: UK Pound GBX

Institutional shareholders

38.33%Per cent of shares held by top holders
HolderShares% Held
East Riding of Yorkshire Council (Investment Management)as of 31 Mar 202315.00m15.00%
South Yorkshire Pensions Authorityas of 31 Mar 20235.00m5.00%
Liontrust Investment Partners LLPas of 14 Aug 20244.45m4.45%
Privium Fund Management BVas of 31 Aug 20244.35m4.35%
Valu-Trac Investment Management Ltd.as of 31 Jul 20243.15m3.15%
City Asset Management Plcas of 31 Mar 20232.99m2.99%
EdenTree Investment Management Ltd.as of 30 Jun 20231.65m1.65%
GHC Capital Markets Ltd.as of 31 May 2024900.00k0.90%
Columbia Threadneedle Asset Managers Ltd.as of 30 Apr 2024853.10k0.85%
Aviva Investors Global Services Ltd.as of 23 Jul 20240.000.00%
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Data from 31 May 2024 - 03 Oct 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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