
10 July 2025
SDCL Efficiency Income Trust plc ("SEIT" or the "Company")
Project Finance Agreement to reduce RCF
SDCL Efficiency Income Trust plc (LSE: SEIT) is pleased to announce a new financing facility. This has been negotiated on favourable terms and serves to achieve liquidity that will be used to reduce SEIT's drawings on its RCF by approximately
Financing at Zood Infrastructure Ltd ("Zood")
As referred to in the Annual Results on 23 June 2025, Sustainable Development Capital LLP ("SDCL" or the "Investment Manager") has successfully secured a new senior debt facility for the Zood portfolio of operational assets, operated and managed by the Electric Vehicle Network ("EVN"). Zood is wholly owned by SEIT, which also owns a 15% minority stake in EVN. The new financing does not prevent a full or partial disposal in the future.
The facility provides an initial
Jonathan Maxwell, CEO of SDCL, commented:
"As we focus on de-leveraging SEIT and crystallising value for its shareholders, the financing at Zood helps to reduce SEIT's short term revolving credit facility, while providing Zood with financing.
"The Investment Manager is targeting disposals and refinancings in the coming months with the objective to continue to reduce the RCF and, ultimately, to return capital to shareholders."
For Further Information
Sustainable Development Capital LLP Jonathan Maxwell Eugene Kinghorn Ben Griffiths Tamsin Jordan
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T: +44 (0) 20 3874 1460
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Jefferies International Limited Tom Yeadon Gaudi Le Roux
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T: +44 (0) 20 7029 8000
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Cardew Group Ed Orlebar Henry Crane
Liam Kline
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T: +44 (0) 20 7930 0777 M: +44 (0) 7738 724 630 E: henry.crane@cardewgroup.com M: +44 (0) 7827 130 429 E: liam.kline@cardewgroup.com
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LEI: 213800ZPSC7XUVD3NL94
About SEIT
SDCL Efficiency Income Trust plc is a constituent of the FTSE 250 index. It was the first
The Company aims to deliver shareholders value through its investment in a diversified portfolio of energy efficiency projects which are driven by the opportunity to deliver lower cost, cleaner and more reliable energy solutions to end users of energy.
The Company is targeting an attractive total return for shareholders with a stable dividend income, capital preservation and the opportunity for capital growth. The Company is targeting a dividend of 6.36p per share in respect of the financial year to 31 March 2026. SEIT's last published NAV was 90.6p per share as at 31 March 2025.
Past performance cannot be relied on as a guide to future performance.
Further information can be found on the Company's website at www.seitplc.com.
Investment Manager
SEIT's investment manager is Sustainable Development Capital LLP ("SDCL"), an investment firm established in 2007, with a proven track record of investment in energy efficiency and decentralised generation projects in the
SDCL is headquartered in
Further information can be found on at www.sdclgroup.com.
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