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VH Global Energy Infrastructure adopts new name and SDR label

Published 12/02/2024, 03:04 PM
HVO
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LONDON - VH Global Sustainable Energy Opportunities PLC has officially changed its name to VH Global Energy Infrastructure PLC as of December 2, 2024, in accordance with Section 77 of the Companies Act 2006 and the company's Articles of Association. The company, listed on the London Stock Exchange (LON:LSEG), will now trade under the ticker symbol 'ENRG', though its ISIN and SEDOL numbers will remain the same.

This rebranding aligns with recent regulatory requirements for fund names and is accompanied by the adoption of the 'Sustainability Impact' label under the Financial Conduct Authority's (FCA) Sustainability Disclosure Requirements (SDR). The label is intended to help investors identify products with a measurable environmental or social impact.

Despite the name change, the company's sustainable investment objective continues to focus on supporting the attainment of key Sustainable Development Goals (SDGs) and accelerating the energy transition. The investment process and goal of achieving a 10% net and unlevered return, along with a progressive and covered annual dividend, remain unchanged.

Bernard Bulkin, Chair of the Company, emphasized the significance of the new label, stating, "The adoption of this label highlights our dedication to transparency and delivering real-world impact, providing investors with confidence in our commitment to sustainability, specifically the energy transition, climate change and air pollution reduction."

Victory Hill Capital Partners (WA:CPAP) LLP, the investment manager for VH Global Energy Infrastructure PLC, has welcomed the clarity and accountability that comes with the SDR label, affirming that it will not limit the value creation opportunities in its current investments.

The company's commitment to sustainable investing and transparency is further evidenced by its adherence to various global initiatives, including the UN Principles for Responsible Investing and the Financial Stability Board's Task-Force on Climate-related Disclosures.

The information for this article is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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