The Renewables Infrastructure Group, a newly incorporated Guernsey investment company focusing on onshore wind and solar photovoltaic energy generation assets, said Thursday it plans to raise up to 300 million pounds to buy a portfolio of onshore wind and solar PV energy generation assets, and list on the Main Market of the London Stock Exchange.

MAIN FACTS:

-Company will invest at launch in a portfolio of fully operational onshore wind and solar energy generation assets in the U.K. , France and Ireland .

-Company intends to acquire further investments in the future in the U.K. and other Northern European countries (including France , Ireland , Germany and Scandinavia ).

-Company intends to sign agreements, effective on admission, to acquire a 276 MW (output capacity) 100%-owned initial portfolio of fourteen onshore wind farms and four solar PV parks located in the U.K. , France and Ireland .

-Company will have a right of first offer over a pipeline of assets developed by Renewable Energy Systems Ltd., a developer of renewable assets, worth an estimated GBP200 million in enterprise value annually.

-It is expected that a prospectus will be published, and that the placing and offer for subscription will open in early July and that the IPO will close and Ordinary shares start trading late July.

-Canaccord Genuity Ltd. and Jefferies International Ltd. are acting as joint sponsors and bookrunners in relation to the IPO.

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