Ecofin Global Utilities and Infrastructure Trust plc
The Ecofin Global Utilities and Infrastructure Trust plc is an investment trust that is domiciled in the United Kingdom whose ordinary shares are listed on the London Stock Exchange (EGL:LN).
The ordinary shares of Ecofin Global Utilities and Infrastructure Trust plc (the ‘Company’ or ‘EGL’) began trading on the London Stock Exchange on 26 September 2016. The Company’s assets are primarily invested in equity and equity-related securities of utility and infrastructure companies in developed countries. These companies have a mix of regulated and growth-oriented business segments:
Electric & gas utilities
Transportation services
Water & environment
Investment objective and policy
Ecofin Global Utilities and Infrastructure Trust plc’s investment objectives are to achieve a high, secure dividend yield on its investment portfolio and to realise long-term growth in the capital value of its portfolio for the benefit of shareholders, while taking care to preserve shareholders’ capital.
The Company may make use of gearing to enable it to earn a high level of dividend income and to offer shareholders a geared return on their investment. The Directors of the Company believe that the use of gearing is justified given the nature of most of the companies in which the Company invests; that is, companies which provide essential services, operate in regulated markets and within stable regulatory frameworks, and pay dividends. The Company utilises a flexible gearing policy with the ability to borrow amounts up to 25% of net assets.
The Company is registered in England & Wales with Registered Number 10253041.
For further detail with regards to the trust’s investment objective and policy, please refer to the prospectus.
Ecofin Global Utilities and Infrastructure Trust plc
Literature Archive
Annual and Interim Reports
Portfolio Updates
egl Portfolio Update December 2022
egl Portfolio Update November 2022
egl Portfolio Update October 2022
egl Portfolio Update September 2022
egl Portfolio Update August 2022
egl Portfolio Update July 2022
egl Portfolio Update June 2022
egl Portfolio Update April 2022
egl Portfolio Update March 2022
egl Portfolio Update December 2021
egl Portfolio Update November 2021
egl Portfolio Update October 2021
egl Portfolio Update September 2021
egl Portfolio Update August 2021
egl Portfolio Update July 2021
egl Portfolio Update June 2021
egl Portfolio Update April 2021
egl Portfolio Update March 2021
egl Portfolio Update December 2020
egl Portfolio Update November 2020
egl Portfolio Update October 2020
egl Portfolio Update September 2020
egl Portfolio Update August 2020
egl Portfolio Update July 2020
egl Portfolio Update June 2020
egl Portfolio Update April 2020
egl Portfolio Update March 2020
egl Portfolio Update December 2019
egl Portfolio Update November 2019
egl Portfolio Update October 2019
egl Portfolio Update September 2019
egl Portfolio Update August 2019
egl Portfolio Update July 2019
egl Portfolio Update June 2019
egl Portfolio Update April 2019
egl Portfolio Update March 2019
The information shown above is for illustrative purposes only and is not intended to be, and should not be interpreted as, recommendations or advice.
Past performance is not a guide to the future. The price of investments and the income from them may fall as well as rise and investors may not get back the full amount invested. From 1 October 2024 Redwheel acquired the Ecofin investment team responsible for this product and certain of its assets. Any historical data or performance shown prior to this date is a result of the Ecofin investment team’s. There have been no material changes to the investment strategy or objectives of the product.
Directors
The board of directors are all non-executive and independent. Apart from Max King, Susannah Nicklin and Joanna Santinon, the directors were appointed at admission on 26 September, 2016. All directors are members of the Audit Committee, Management Engagement Committee and Remuneration Committee.
David Simpson
Chairman
David Simpson, the chairman of the Company, is a qualified solicitor and was a partner at KPMG for 15 years until 2013, culminating as global head of M&A. Before that he spent 15 years in investment banking, latterly at Barclays de Zoete Wedd Ltd. He is chairman of M&G Credit Income Investment Trust plc, and a director of Aberdeen New India Investment Trust PLC and ITC Limited, a major listed Indian company.
Malcolm (Max) King
Chairman of the Remuneration Committee
Max King is a chartered accountant and has over 30 years’ experience in fund management having worked at Finsbury Asset Management, J O Hambro Capital Management and Investec Asset Management. He is also a columnist for MoneyWeek magazine. Max is currently a director of Gore Street Energy Storage Fund plc. He was appointed as a director of the Company on 11 September 2017.
Susannah Nicklin
Senior Independent Director and Chair of the Management Engagement Committee
Susannah Nicklin is an experienced non-executive director and financial services professional with 25 years of experience in executive roles in investment banking, equity research and wealth management at Goldman Sachs and Alliance Bernstein in the US, Australia and the UK. Susannah is Chair of the Schroder BSC Social Impact Trust plc and a non-executive director of Baronsmead Venture Trust plc, The North American Income Trust plc and Frog Capital LLC. She holds the Chartered Financial Analyst qualification. She was appointed as a director of the Company on 9 September 2020.
Joanna Santinon
Chair of the Audit Committee
Joanna Santinon is a chartered accountant and chartered tax adviser. She specialised in tax, transactions and private equity, and gained wider experience including mergers and acquisitions, strategic investments, capital raisings and listings in her 24 year career at EY. Joanna was a founder member of the 30% Club in the UK. She is a non-executive director and audit committee chair of Octopus Future Generations VCT plc and of Guinness VCT plc. She is also a trustee of The Centre For Entrepreneurs. She was appointed as a director of the Company on 12 September 2023.
Advisers
Company Secretary and Registered Office
Apex Fund Administration Services (UK) Limited
Hamilton Centre
Rodney Way
Chelmsford CM1 3BY
Tel: 01245 950317
Email: [email protected]
Administrator
Broker
Investment Manager
Banker, Custodian and Depositary
Legal Adviser
Registered Auditor
Registrar
Shareholder Services
The share register for Ecofin Global Utilities and Infrastructure Trust plc is maintained by Computershare Investor Services. If you have a problem – such as a lost documentation or dividend cheque – please contact Computershare Investor Services directly. Your account details may also be accessed by using their website.
Computershare Investor Services PLC
The Pavilions, Bridgwater Road, Bristol
BS99 6ZZ, United Kingdom
Telephone for enquiries: +44 (0)370 703 6234
Financial Calendar
Dividends payable (last business day of) | February, May, August, November |
|---|---|
AGM | March |
Half-year ends | 31 March |
Release of Interim Report | May |
Financial year ends | 30 September |
Release of Annual Report | December |
Regulatory Documents
Ecofin Global First Day Of Dealing
Ecofin Global Utilities and Infrastructure trust plc – aifmd Investor Disclosures
Ecofin Global Utilities and Infrastructure Trust plc – Prospectus 6 July 2016 Clean ukla Approve
Ecofin Global Utilities and Infrastructure Trust plc – Quarterly Dividend
