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May 6 2025, 08:46 IST/BST
TRIG plc
Q1 NAV declines, strategy in focus
- Sectors : Renewable Infrastructure
- Companies : TRIG plc
DAVY VIEW
TRIG has recorded a decline in Q1 NAV, primarily driven by lower portfolio output versus budget, a weakening in Swedish power price forecasts and other macroeconomic assumptions. TRIG’s progress in strengthening its balance sheet remains supportive. It has committed to raising £300m capital in 2025 through debt financings and further divestments. At the current share price of 80p, it is trading at 0.69x P/NAV and a dividend yield of 9.4% (sector average: 0.71x, 9.8%).
