SDCL Energy Efficiency Income Trust (SEEIT)

This week, Purvi Sapre, CIO of our investment manager Sustainable Development Capital, LLP, will be speaking at the The Association of Investment Companies (AIC) Showcase, where she will discuss how investors can actively contribute to sustainable solutions and the long-term benefits of green energy investments. Purvi will be joined by Ross Driver and Tom Williams on the "Green Means Go" panel, moderated by Nick Britton, CFA, MCSI. For more info on how to attend the free event, click here: https://lnkd.in/e8W8GJeN #aicshowcase #investmenttrust #greentransition

Congratulations to both Jonathan Maxwell CEO and Purvi Sapre CIO, of SEEIT’s Investment Manager Sustainable Development Capital, LLP for their contributions to this year’s Reuters Events Energy Transition Europe 2024. To read more about SEEIT’s investment activity in Europe, click here: https://lnkd.in/eRwWtVRf #ETEU24

SDCL Energy Efficiency Income Trust (SEEIT) this week published an interim update statement for the period from 1 April 2024 to 30 September 2024.   We are pleased to announce that we are actively exploring co-investment, disposal and financing opportunities to support the continued growth of our assets, secure value for our shareholders and pay down our Revolving Credit Facility.   Read Edison Group's latest research here: https://lnkd.in/eU-WkUfD   To view the full announcement, click here: https://lnkd.in/eQD-7tgb

“The climate crisis is the defining issue of our age. By now, dealing with it should be at the top of every country’s priority list.” We’re proud to announce that our Founder and CEO Jonathan Maxwell has been recognised in the The Independent's inaugural Climate 100 List for his significant contributions to the energy transition. The list features 100 of the most influential leaders, innovators, and change-makers globally who are driving meaningful action on climate issues. Jonathan’s inclusion highlights his and Sustainable Development Capital, LLP dedication to advancing sustainability and creating lasting environmental impact. To read more about Jonathan's inclusion and the other individuals on this year’s list, read the full article here: https://lnkd.in/eC4Rwwbw

“What we do is focus on projects that are commercially sustainable. If the grid is wasting two-thirds of the energy, we can solve that problem by building energy services at the point of use. It’s cheaper, not just cleaner and more reliable, but cheaper. These are fundamental core values: energy security, cost efficiency, and decarbonisation.”   Listen in from 9 minutes to hear Jonathan Maxwell, CEO and Founder of Sustainable Development Capital, LLP on Bloomberg Radio this morning discussing clean energy in the US, and the commercial sustainability of energy efficiency projects. Full interview here: https://lnkd.in/eRG5zX6P

We are excited to share a newly published Q&A with Maya Chavvakula, inspiratia and SDCL’s Chief Investment Officer, Purvi Sapre, where they delve into the critical issue of energy wastage and its impact on achieving net-zero targets. 🌍🌱 Purvi explores: - The staggering 66% global energy waste identified by the International Energy Agency (IEA) - The financial viability of scalable energy efficiency projects amid such wastage - The pressing need to address energy inefficiency to meet our net-zero goals Read the full article to learn more about what we are doing in the energy efficiency space and why reducing energy waste is crucial for a sustainable future. #EnergyEfficiency #NetZero #SustainableFuture #RenewableEnergy #SEEIT https://lnkd.in/egTjyHSs

Helen Clarkson OBE, Chair of SDCL Energy Efficiency Income Trust (SEEIT)’s ESG Committee: “As the first London-listed fund to invest exclusively in energy efficiency projects, SEEIT has a history of being defined by its sustainability-related focus. The Company has followed this philosophy in its sustainability principles, where a growing body of ESG regulations and standards could have made it easy to let the marketplace define a firm’s ESG priorities.” Some highlights from our ESG 2024 Update: ⚡Energy savings - 379,589 MWh 🚗 Scope 4 emissions/carbon savings - 972,201 tCO2e - avoiding the equivalent amount of carbon generated by 872,712 average cars annually 🌳 Renewable energy generated - 608,024 MWh You can find the full report here: https://lnkd.in/ehgcMpPf

For a quick summary of SEEIT’s characteristics and performance metrics, give our newly published factsheet a read here: https://lnkd.in/giStEJep If you would like to find out more about SEEIT, drop us a message.

We are pleased to announce improved financing for our portfolio companies, Primary Energy Recycling Corp. and Onyx Renewable Partners L.P..   Jonathan Maxwell, CEO of SEEIT’s Investment Manager, Sustainable Development Capital, LLP, said: “The improvement in financing at Primary Energy and Onyx will provide overall better terms and further flexibility as we remain committed to our prudent approach to gearing across the portfolio. The competitive facilities are also testament to the positive work our asset management team are undertaking at both an operational and commercial level.”   Read the full announcement here: https://lnkd.in/gefzirBM

Onyx Renewables has successfully closed on the upsizing and extension of our three-year corporate revolving credit facility to $100-million with incumbent lender Investec, Inc. The expansion, which doubles the size of the facility that Onyx closed with Investec in 2022, includes new lenders Siemens Financial Services and Mitsubishi HC Capital America, Inc., and will support Onyx's growing pipeline of distributed generation assets across the United States. Read the full release here: https://lnkd.in/edw952KS #SolarFinancing #CommunitySolar #CleanEnergy