OCTOPUS RENEWABLES INFRASTRUCTURE TRUST PLC - Annual General Meeting

Octopus Renewables Infrastructure Trust PLC delivered a strong investor update, highlighting solid company performance and disciplined execution of its growth strategy. The group reported £74 million in asset sales during the year, contributing to £235 million total disposals, alongside £26 million in share buybacks, supporting capital recycling and balance sheet efficiency. Financial results showed improved EBITDA, rising production, reduced debt costs to 3.4%, and robust dividend cover of 1.14x, underpinned by high levels of fixed and inflation linked revenue. The newly launched 2030 strategy targets 9 to 11% total returns, driven by investment in construction stage assets, portfolio optimization, and scaling net asset value toward £1 billion. With a diversified 740 MW portfolio across multiple markets and technologies, the company continues to enhance margins and operational performance while maintaining a progressive dividend policy. A strong development pipeline of approximately 800 MW and active asset management initiatives position the trust for sustained revenue growth, NAV accretion, and long term value creation amid increasing demand for energy security and renewable infrastructure investment.