To seek to generate stable returns, principally in the form of income distributions, by investing in a diversified portfolio of global sustainable energy infrastructure assets, predominantly in countries that are members of the EU, OECD, OECD Key Partner Countries or OECD Accession Countries.
The Company will also incur ongoing annual expenses which will include fees paid to the AIFM, Victory Hill and other service providers in addition to other expenses which are currently expected to amount to 1.4% of Net Asset Value p.a.
The Board expects that distribution of dividends and interest will constitute the principal element of the return to the holders of Ords. On the basis of market conditions as at the date of this Prospectus the Company will target a minimum dividend payment of not less than 1p in respect of the financial year ending 2021/12/31 and dividend payments of 5p per Ord on an annualised basis in respect of the financial year ending 2022/12/31. The Board intends to adopt a progressive distribution policy thereafter. Subject to market conditions and the level of the net income of Company, it is intended that a sole interim dividend will be declared in the first quarter of 2022 for the period running from incorporation to2021/12/31 and thereafter it is intended that dividends on the Shares will be payable quarterly, all in the form of interim dividends (the Company does not intend to pay any final dividends).