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Energy efficiency's time is here says manager of SDCL, London's first dedicated trust

Jonathan Maxwell, chief executive of Sustainable Development Capital, explains to Proactive why the time is right for his new energy efficient fund.

The SDCL Energy Efficiency Income Trust PLC  (LON:SEIT) listed in London in December and has just made its first acquisition in the US.

SEIT is different from traditional infrastructure and renewable vehicles, which focus on supply, and is a first in London.

The trust looks at demand solutions, where there has been an explosion in energy efficient equipment over the past ten years.

Projects it backs are cost effective, green and offer energy resilience and it is a great time to be in the market says Maxwell.

The trust will pay a 5p dividend initially, but Maxwell expects the pay out to rise progressively in future.

 

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