£350m fund raise by Octopus Renewables Infrastructure Trust Plc

BDO.LiveSite.Deals.DealTypeCapital markets & Transaction Services
BDO.LiveSite.Deals.ClientNameOctopus Investments Limited

BDO acted as the reporting accountant for the fund raise of Octopus Renewables Infrastructure Trust Plc.

The fund will focus on investing in renewable energy assets (wind and solar) in the UK, Australia and continental Europe. 
Octopus Renewables Infrastructure Trust Plc is a close-ended fund listing on the premium segment of the London Stock Exchange. The IPO raised gross proceeds of £350 million, with demand significantly exceeding both the target issue size and the maximum issue size.

"We were delighted to work with the BDO team on the successful admission of ORIT plc onto the premium segment of the London Stock Exchange. The team provided valuable support to the admission process and demonstrated flexibility to work with a rapidly evolving process enabling tight deadlines to be met. We benefited from their significant capital markets and renewable energy experience and we would be happy to recommend them."

Laura Halstead - Octopus Renewables - Business Operations Director