The Company seeks to achieve its investment objective by investing directly, predominantly via equity and equity-like instruments, in a diversified portfolio of unlisted sustainable energy infrastructure assets in the areas of renewable energy power generation, transmission infrastructure, energy storage and sustainable fuel production with a geographic focus on the fast-growing and emerging economies in Asia.
The management fee is calculated at the rate of 1.3% p.a. of the NAV in respect of the NAV of up to, and including, USD 700 m 1.1%. p.a. of the NAV in respect of the NAV between USD 700 m and up to and including USD 2 b and 1.0%. p.a. of the NAV in respect of the NAV in excess of USD 2 b, in each case based on the NAV on the last Business Day of the relevant quarter.
The company aims to deliver an initial target annual dividend yield of 2-3% on the basis of the Initial Issue Price in respect of the period from Initial Admission until 31 December 2022; a target annual dividend yield of 5-6%. on the basis of the Initial Issue Price in respect of the period from 1 January 2023 until 31 December 2023; and thereafter, an annual target dividend yield of at least 7%. on the basis of the Initial Issue Price, with the aim of progressively increasing the annual nominal target dividend, in respect of periods commencing on or after 1 January 2024.