A compelling investment proposition

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About FGEN

FGEN is environmental infrastructure investment company listed on the London Stock Exchange. It invests in a diversified portfolio of private infrastructure assets that deliver stable returns, long-term predictable income and opportunities for growth whilst supporting the drive towards decarbonisation and sustainable resource management.

The Company’s portfolio includes 40 assets located across the UK and mainland Europe.

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.

Sector split

Split by portfolio value

Our track record

FGEN has an uninterrupted dividend growth track record since IPO in 2014, underpinned by sustainable dividend coverage.

Our investment proposition

By prioritising long-term, stable and inflation-linked cash flows, we are well positioned to continue delivering attractive returns for our shareholders while supporting the transition to a more sustainable future.

01.

Delivering stable returns, predictable income and opportunities for growth.

Providing exposure to scarce but highly sought‑after private environmental infrastructure assets, targeting projects and businesses characterised by long‑term stable cash flows, secured revenues, inflation linkage and delivery of essential infrastructure services.

Our carefully constructed portfolio is focused primarily on delivering income, alongside the potential for capital growth. We invest across stable and mature European markets, with a primary focus on the UK.

02.

Investing across environmental infrastructure, one of the most significant megatrends of this generation.

Investing in decarbonisation presents a rare convergence of financial opportunity and global impact. With over c.£251 trillion in capital required for Europe’s energy transition by 2030, the sector offers strong long-term return potential, supported by regulatory momentum, technological maturity and growing demand for sustainable solutions.

Our strategy principally targets high quality, mature assets that not only deliver predictable income alongside opportunities for growth, but also contribute meaningfully to climate goals.

03.

Differentiated offering providing diversification across mature environmental infrastructure technologies.

The Company is diversified across complementary sectors, technologies and geographies to deliver robust and attractive risk-adjusted returns. It invests across three key pillars of environmental infrastructure: renewable energy generation, other energy infrastructure and sustainable resource management.

The Company’s mandate allows it to invest in emerging areas of environmental infrastructure, provided they are sufficiently mature and display strong infrastructure characteristics.

04.

A resilient and attractive return profile with 11 years of uninterrupted dividend growth.

FGEN is targeting an 11th consecutive year of dividend growth, backed by sustainable coverage. Since IPO, we’ve returned £370.42 million to shareholders through dividends and buybacks. We maintain one of the highest WADRs among peers, the lowest gearing and a strong pipeline of risk-adjusted opportunities across sectors.

Our income-led strategy is complemented by selective growth investments at both construction and operational stage, supported by targeted exits and capital recycling.

05.

A high-quality manager with 40 years of investment experience.

Foresight Group LLP (“Foresight”) is the Investment Manager for the Company. Foresight manages £13.2 billion of assets under management across infrastructure, real assets and private equity. Foresight Infrastructure is a leading investment management platform with an established track record in developing investment strategies that support the energy transition.

The infrastructure team of c.190 people across investment, portfolio management and related functions manages 437 assets across the UK, Europe and Australia representing 4.7GW of green technology capacity.

06.

Robust governance framework, providing strong manager oversight, alignment and accountability.

Fully independent Board providing ongoing oversight of investment strategy and asset management under a simple, well aligned management and governance framework. The framework is underpinned by a competitive fee structure, with strong alignment between the Investment Manager and shareholders.

The Company’s governance structure includes a discontinuation vote allowing shareholders a clear say on the Company’s future.

     

Our top 10 assets by portfolio value

How to invest

To invest into Foresight Environmental Infrastructure (Ticker: FGEN) you can instruct a professional adviser or broker to purchase the shares on your behalf.

Find out how to invest