Enero Group Limited (EGG)

Overview

Foresight Solar & Infrastructure VCT plc operates as a venture capital trust under the umbrella of Foresight Group, one of the leading players in investment management, particularly in the green and infrastructure sectors. The company's main objective is to generate attractive returns for its investors principally through tax-free dividends. This is achieved by directing investments towards new electricity generation projects, notably within a brief timeframe, alongside making longer-term commitments in energy-related infrastructure. A significant attraction of these investments is the support from the United Kingdom government through the Feed-in Tariff scheme, which ensures a certain level of revenue for generated solar power. The fund's strategy involves a focus on European solar projects, aligning with broader efforts to expand renewable energy generation across the continent. While it is structured as a five-year planned exit venture capital trust, Foresight Solar & Infrastructure VCT plc offers flexibility to its investors, including an option for those who wish to continue their investment over a more extended period.

Products and Services

• Solar Power Generating Systems

  These systems are at the heart of the fund's investment strategy, leveraging solar energy to produce electricity. By investing in solar projects across Europe, the fund taps into the sustainability and growth potentials of renewable energy, benefiting from government-backed incentives like the Feed-in Tariff scheme. This scheme offers a guaranteed payment for electricity generated by solar power, ensuring a stable income stream for investors in these projects.

• Investments in New Electricity Generation Projects

  Focused on the very short term, these investments aim to capitalize on immediate opportunities within the electricity generation sector. This reflects the fund's agile approach to investment, prioritizing projects with quick turnaround times for generating returns. By staying responsive to market opportunities, the fund seeks to maximize income for its investors through strategic short-term investments in the broader energy generation market.

• Longer-Term Energy-Related Infrastructure Investments

  Complementing its short-term projects, the fund also commits to long-term investments in infrastructure related to the energy sector, such as smart meters. These elements are crucial for the advancement and efficiency of energy consumption and distribution systems, presenting sustainable growth opportunities. The fund's engagement in such longer-term infrastructural investments diversifies its portfolio and broadens its impact on advancing energy infrastructure development.