A new wave of renewable trusts set for London IPOs

Three vehicles plan to float and are keen to differentiate themselves from existing peers

As the stock market recovers and investors approach the new year in a more optimistic mood, a number of investment trusts are eyeing up an initial public offering (IPO) on the London market.

A lot of these trusts are in the renewable energy space, which has gained rising investor interest particularly this year as the cost of solar and wind farms has fallen dramatically, making them economically viable without any subsidies and in some cases making them more attractive, purely from a monetary point of view, to build and operate than fossil fuels like coal.

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London EC2Y 5AS
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