RNS Number : 2579O
VH Global Sustainable Energy Oppt.
02 December 2024
 

VH GLOBAL ENERGY INFRASTRUCTURE PLC

 

2 December 2024

 

Change of Company Name and adoption of SDR label

 

The Company is pleased to announce that, pursuant to Section 77 of the Companies Act 2006 and as permitted by the Company's Articles of Association, it has resolved to change the Company's name from VH Global Sustainable Energy Opportunities PLC to VH Global Energy Infrastructure PLC, with effect from 2 December 2024. The Company's ticker symbol for the London Stock Exchange will be changed to 'ENRG'. 

The Company's ISIN and SEDOL will remain unchanged.

The name of the Company will be updated on the London Stock Exchange in due course when the formal documentation has been received from Companies House. 

The name change is being implemented to align with new regulatory requirements for fund names. The Company's sustainable investment objective-to "make an impact by supporting the attainment and pursuit of key SDGs, where energy and energy infrastructure investments directly contribute to accelerating the energy transition"-remains unchanged.

In conjunction with the name change, the Company announces its adoption of the 'Sustainability Impact' label under the Financial Conduct Authority's ("FCA") Sustainability Disclosure Requirements ("SDR"). This label identifies investment products that aim to achieve a pre-defined measurable impact in relation to an environmental and/or social outcome.

The adoption of the 'Sustainability Impact' label reflects the Company's continued commitment to achieving its sustainability investment objective, while continuing to target a 10% net and unlevered return, and a progressive and covered annual dividend.

The Board and Victory Hill Capital Partners LLP, the investment manager, have confirmed there is no change to the investment process and have welcomed the clarity and accountability the label brings, rather than limiting the investment universe and value creation opportunities in its current investments. 

Bernard Bulkin, Chair of the Company, "The adoption of this label highlights our dedication to transparency and delivering real-world impact, providing investors with confidence in our commitment to sustainability, specifically the energy transition, climate change and air pollution reduction. We are confident our investment process and measurement approach are rigorous, enabling us to drive measurable environmental outcomes while delivering sustainable financial returns."

 

www.globalenergyinfrastructure.co.uk

 

The Company's LEI is 213800RFHAOF372UU580.

 

 

For further information:

 

Edelman Smithfield (PR Adviser)

Ged Brumby                 + 44 (0)7540 412 301

Hamza Ali                      + 44 (0)7976 308914

 

Victory Hill Capital Partners LLP (Investment Manager)

Navin Chauhan              info@victory-hill.com

 

Deutsche Numis (Corporate Broker)

David Benda                 +44 (0)20 7260 1000

Matt Goss

 

Ocorian Administration (UK) Limited (Company Secretary)

oaukcosecteam@ocorian.com 

 

 

 

About Victory Hill Capital Partners LLP

Victory Hill Capital Partners LLP ("Victory Hill") is authorised and regulated by the Financial Conduct Authority (FRN 961570).                   

                             

Victory Hill is based in London and was founded in May 2020 by an experienced team of energy financiers that spun-out of a large established global project finance banking group. The team has participated in more than $200bn in transaction values across 91 conventional and renewable energy-related transactions in over 30 jurisdictions worldwide. Victory Hill is the investment manager of the Company.

 

The Victory Hill team deploys its experience across different financial disciplines in order to assess investments holistically from multiple points of view. The firm pursues operational stability and well-designed corporate governance to generate sustainable positive returns for investors. It focuses on supporting and accelerating the energy transition and the attainment of the UN sustainable development goals.

 

Victory Hill is a signatory of the United Nations Principles for Responsible Investing (UN PRI), the United Nations Global Compact (UN GC), Net Zero Asset Managers Initiative (NZAMI), a member of the Global Impact Investing Network (GIIN) and is a formal supporter of the Financial Stability Board's Task-Force on Climate-related Disclosures (TCFD).

 

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