About us

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Why invest in FGEN?

Through a diversified portfolio of mature environmental technologies, FGEN provides exposure to scarce but highly sought after assets, projects and businesses that deliver stable returns, long-term predictable income and opportunities for meaningful capital appreciation.

We have a resilient and long-term return profile, comprising a high and sustainable dividend yield as well as defensive NAV qualities.

We have an uninterrupted track record of dividend growth since IPO in 2014, underpinned by sustainable dividend coverage. Meanwhile, we have produced enough clean energy to power hundreds of thousands of UK homes each year.

FGEN’s NAV is uniquely resilient to power prices curves and inflation versus peers, while diversification across mature environmental technologies and geographies provide more robust risk adjusted returns.

  • Uninterrupted dividend growth and 7.3% annualised NAV total return since IPO

  • Long-term predictable income and strong cash flows derived from government subsidies or long-term contracts

  • Selective asset diversification offering a high degree of inflation linkage and a controlled exposure to merchant power prices.

Our investment approach

FGEN’s investment approach aims 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. In doing so, we aim to enable decarbonisation and sustainable resource management, and to accelerate the transition to net zero in the markets where we invest.

FGEN provides investors with a carefully constructed portfolio, focused primarily on income, alongside the potential for capital growth via investments into both greenfield and brownfield projects and businesses.

Our investment policy

Our financial objectives

 

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.

Preservation of shareholder value

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.

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.