£74m placing and REX retail offer by Octopus Renewables Infrastructure Trust plc

$$BDO.LiveSite.Deals.DealType$$Capital Markets & Transaction Services
$$BDO.LiveSite.Deals.Industry$$Financial Services & Natural resources & Energy
$$BDO.LiveSite.Deals.SubIndustry$$Renewables & power
$$BDO.LiveSite.Deals.ClientName$$Octopus Renewables Infrastructure Trust plc

BDO was reporting accountant on the £74m placing and REX retail offer by Octopus Renewables Infrastructure Trust plc ('ORIT').

ORIT is a leading renewable energy fund listed on the main market of the London Stock Exchange, investing in wind and solar assets across Europe with assets under management of c£350m.

"I’m happy with the work the BDO Corporate Finance team completed for the recent capital raise. The team carried out the work in a methodical and detailed way, going above and beyond to deliver the best possible output. It was a collaborative project with clear and open communication at every stage, with the BDO team adapting easily as the project evolved. Their expertise and communication played a crucial role in providing comfort to the Board in what ended up being a very successful capital raise for the Company.”
 
Niall Quinn, Portfolio Manager, Octopus Renewables Limited