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…
