About us

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About FGEN

FGEN is UK-listed investment company that invests in a diversified portfolio of private infrastructure assets that generate stable, long-term and predictable income with an element of growth whilst supporting the drive towards decarbonisation and sustainable resource management.

Our mission and investment approach

At FGEN we believe that investors shouldn’t have to choose between earning attractive returns and delivering a real-world positive environmental impact.

We pursue a diversified investment strategy across well-established sectors of environmental infrastructure driven by the need to address climate change and societal demand for sustainability. We  aim to drive stable returns by investing in projects and businesses characterised by long-term, stable cash flows, secured revenues, inflation linkage, and the delivery of essential services. 

We invest across three areas of environmental infrastructure:

Renewable energy generation

The bedrock of FGEN’s portfolio which includes wind, solar, anaerobic digestion, biomass, energy-from-waste and hydro. With an established income generation profile, these assets provide diversification across different forms of resource and deliver attractive risk-adjusted returns.

Other energy infrastructure

Non-energy generating assets that support the transition towards net zero, driven by increased demand for electrification and supported by legislation. This segment includes our battery storage units and low‑carbon transport.

Sustainable resource management

Sustainable resource management means applying sustainable practices to ensure that resources benefit both current and future generations. This includes areas such as waste and wastewater treatment, as well as sustainability enhanced agriculture and aquaculture activities.

Our financial objectives

 

01.

Long-term predictable income growth for shareholders

Having increased its dividend every year since IPO in 2014, FGEN aims to provide investors with a sustainable, progressive dividend, paid quarterly and with strong forecast cover.

02.

Diversification across sectors and geographies for a more robust, risk-adjusted return

We aim to provide robust risk adjusted returns through diversification across mature environmental technologies and geographies, and greater NAV resilience to power price curves and inflation. We also aim to advance long-term shareholder interests through the active management of the portfolio and disciplined capital allocation, with cash flows in excess of the dividend focused on most beneficial uses including new asset investment, repayment of debt or share buybacks.

03.

Potential for capital growth

We aim to provide the potential for meaningful capital appreciation by investing into both greenfield and brownfield projects and businesses. This includes an ability to exploit new sectors within environmental infrastructure if sufficiently mature and with strong infrastructure-like characteristics.