Main market: Share price: 58p
Bid-offer spread: 57.5-58.5p
Market value: £58mn
- Proposed orderly wind-down of company
- 9.5 per cent dividend yield
- 39 per cent discount to NAV
- 47 per cent of income inflation-linked
- 93 per cent of income contracted over 13-year period
Triple Point Energy Transition (TENT) is an investment company focused on building a portfolio of infrastructure investments that support the energy transition. The company raised £100mn when it listed its shares, at 100p, on London’s main market in October 2020 with the aim of delivering predictable, long-term cash flows and targeting total NAV annual returns of 7-8 per cent per annum.