Downing raises £52.9m as it looks to further diversify portfolio
Downing Renewables & Infrastructure Trust (DORE) has raised c.£52.9 million to repay its revolving credit facility.
Articles tagged with: Dore
Downing looks to raise £50m to repay RCF and finance pipeline purchases
Downing Renewables & Infrastructure Trust has announced a proposed issue of ordinary shares in order to raise approximately £50 million.
High power prices, inflation rates and strong irradiation continue to boost asset value
High power prices continue to drive up the value of solar assets in the UK, with this expected to continue at least throughout 2022.
Strong asset performance sends Downing Renewables & Infrastructure Trust’s profit above expectations
Downing Renewables & Infrastructure Trust (DORE) – which entered the UK solar market in 2021 – has recorded an operating profit of investments 16.9% above expectations as it continues to pursue UK opportunities.
Downing opens new renewable development business
Downing LLP has established a new renewable energy project development business, focused on building a pipeline of solar, wind and battery storage projects in the UK.
Diversified portfolio helps DORE’s NAV grow despite falling UK power prices
Strong power prices in Europe helped offset falling UK power prices to allow Downing Renewables & Infrastructure Trust plc’s (DORE) Net Asset Value (NAV) to grow 1.3% in the first quarter of 2021.
Downing acquires 96MWp UK solar PV Seed Assets portfolio
Downing Renewables & Infrastructure Trust (DORE) has acquired a 96MWp portfolio of UK solar PV assets for £42 million.