SDCL Energy Efficiency Income Trust

SDCL Energy Efficiency Income Trust (LSE: SEIT)

Currency in GBP

Last close As at 29/09/2023

GBP0.70

▲ −1.50 (−2.11%)

Market capitalisation

GBP788m

Overview
Price performance
Financials
Research
Thematics

SDCL Energy Efficiency Income Trust’s objective is to generate an attractive total return for investors, comprising a stable dividend income and capital preservation, with the opportunity for capital growth.

Latest Insights

Investment Companies |
Initiation

24.08.23

SDCL Energy Efficiency Income Trust — Energy and efficiency as a service

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Sector

Investment Companies

Equity Analyst

Andrew Keen

MD - Head of Content, Energy & Resources, Industrials

Key Management

Tom Hovanessian

Investment Director
Tony Roper

Chairman

Share Price Performance

Price Performance
%	1M	3M	12M
Actual	(8.3)	(9.6)	(29.3)
Relative	(11.0)	(10.4)	(34.4)
52 week high/low	110.8p/69.5p

Overview

SDCL Energy Efficiency Income Trust (SEEIT) is an investment trust focused on delivering energy and energy efficiency as a decentralised service directly to end users rather than supplying into the broader power grid. Its income comes from a range of services and is driven by cutting losses in energy generation, transmission and use. It has delivered a total NAV return of 7.2% pa (3.5p in NAV terms) since IPO in December 2018 and its 6p/share dividend is 1.2x covered, representing an attractive 8.9% yield.