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IN BRIEF: Renewables Infrastructure Group maintains target dividend

ALN

Renewables Infrastructure Group Ltd - Guernsey-based renewable energy investor - Net asset value was 104.0 pence per share as at December 31, down 5.2% from 109.7p at September 30. The firm says the net asset value decline resulted partly from a fall in revenue forecasts, and lower power prices in Sweden. The company says it remains committed to its progressive dividend policy, which is to at least maintain the level of dividends and increase them ‘when it is prudent to do so.’ It maintains the 2026 dividend target at 7.55p per share, unchanged from 2025.

Current stock price: 67.45 pence each, down 2.5% on Monday afternoon in London

12-month change: down 12%

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