115. The future of Yieldcos (listed Infrastructure Funds) - Jan24
Sign up for free
Listen to this episode and many more. Enjoy the best podcasts on Spreaker!
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
115. The future of Yieldcos (listed Infrastructure Funds) - Jan24
This is an automatically generated transcript. Please note that complete accuracy is not guaranteed.
Description
Long term renewables assets portfolios provide stable returns. In most of the world, they are held by pension funds, insurance companies or big infrastructure funds. We have the exception of...
show moreTo explain what are listed Infrastructure funds, we bring in Colette Ord, Director, Investment Companies Research Property & Infrastructure at DBNumis. Deutsche Numis is a leading UK-focused investment bank leader in the UK market, the adviser of choice for listed companies, including one-fifth of the FTSE 350 index, with an average market capitalisation of £1bn, and has acted on the most UK IPOs over the past decade.
Colette Ord has analysed the listed infrastructure and renewables investment company segment of the London market since the launch of the first fund in 2006, so we dig into what was the thesis behind their launch 10 years ago.
We investigate how they delivered in terms of performance. We then dig deep into the key metrics of NAV (Net Asset Value). What is NAV, how it is calculated, how is it consistent. Then we analyse the interaction between free-risk interest rates and valuation of Yieldcos.
We conclude on their future, especially how they are progressively morphing into IPP (independent Power Producers)
An Episode powered by AXPO
Link to Bruce Huber’s paper on Yieldcos. https://www.linkedin.com/pulse/yieldco-fallout-bargain-zombie-category-bruce-huber-jnbie/
Information
Author | Laurent Segalen + Gerard Reid |
Organization | Laurent Segalen + Gerard Reid |
Website | www.redefining-energy.com |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company