The proceeds of the D share offer will be invested in companies that will construct and operate wind farms and hydroelectricity projects.
These include a consented 10-megawatt wind farm with a secured grid connection and two consented hydro projects with total generating capacity of 2.8 megawatts.
The companies are focused on investing in companies developing renewable energy projects with installed capacities of up to 20 megawatts, although investments in companies developing larger projects may also be considered.
Investments will generally be in companies developing projects initiated by specialist small-scale developers and smaller projects, which are not attractive to large development companies and utilities.
Guide to wind technology
Guide to hydro