John Laing Environmental Assets Grp Response to DECC Press Release (9538T)
23 Juli 2015 - 5:57PM
UK Regulatory
TIDMJLEN
RNS Number : 9538T
John Laing Environmental Assets Grp
23 July 2015
23 July 2015
John Laing Environmental Assets Group Limited
Response to DECC Press Release
John Laing Environmental Assets Group Limited ("JLEN") notes the
announcement made by the Department of Energy and Climate Change
("DECC") regarding the consultation on the early closure of the
Renewables Obligation ("RO") to new sub 5MW Solar PV projects. The
consultation, if confirmed, will not have any financial impact on
the existing portfolio of operational assets or JLEN's immediate
pipeline.
JLEN invests in a diversified portfolio of operating
environmental infrastructure assets, with 43% of its assets in
onshore wind projects, 29% in waste and wastewater management
projects and 28% in ground-mounted solar.
For further information please contact:
John Laing Capital Management
Limited
David Hardy
Chris Tanner +44(0)20 7901 3559
Winterflood Investment Trusts
Joe Winkley
Neil Langford +44 (0)20 3100 0000
Praxis Fund Services
Matthew Falla
Janine Lewis +44(0)14 8173 7600
About JLEN
JLEN's investment policy is to invest in environmental
infrastructure projects that have the benefit of long-term,
predictable, wholly or partially inflation-linked cash flows
supported by long-term contracts or stable regulatory
frameworks.
Environmental Infrastructure is defined by the Company as
infrastructure projects that utilise natural or waste resources or
support more environmentally-friendly approaches to economic
activity. This could involve the generation of renewable energy
(including solar, wind, hydropower and biomass technologies), the
supply and treatment of water, the treatment and processing of
waste, and projects that promote energy efficiency.
Further details of the Company can be found on its website
www.jlen.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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