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Sustainable Power & Infrastructure Split ( (TSE:PWI) ) has issued an update.
Power & Infrastructure Split Corp. has launched an at‑the‑market equity program allowing it to issue additional Class A and preferred shares on Canadian exchanges, with potential gross proceeds of up to $50 million for each share class. The program, in place until February 2028 and facilitated by RBC Capital Markets, gives the fund flexible, ongoing access to capital at prevailing market prices, with proceeds to be deployed in line with its existing investment objectives and strategies. This added funding mechanism should help the fund scale its globally diversified power and infrastructure portfolio while supporting its dual mandate of income and capital growth for Class A holders and stable, protected returns for preferred shareholders.
The most recent analyst rating on (TSE:PWI) stock is a Buy with a C$13.00 price target. To see the full list of analyst forecasts on Sustainable Power & Infrastructure Split stock, see the TSE:PWI Stock Forecast page.
Spark’s Take on TSE:PWI Stock
According to Spark, TipRanks’ AI Analyst, TSE:PWI is a Outperform.
The score is driven primarily by solid financial positioning (no debt, strong equity base) and a very attractive valuation profile (low P/E and high dividend yield). Technicals are mildly positive, while the main risk tempering the score is historical volatility in profitability and cash flow despite recent improvement.
To see Spark’s full report on TSE:PWI stock, click here.
More about Sustainable Power & Infrastructure Split
Power & Infrastructure Split Corp., managed by Brompton Funds Limited, invests in a globally diversified, actively managed portfolio of primarily dividend‑paying securities issued by power and infrastructure companies. The fund offers two classes of securities: Class A shares aimed at providing investors with monthly non‑cumulative cash distributions and potential capital appreciation, and preferred shares designed to deliver fixed cumulative quarterly distributions and capital preservation through the return of the original issue price at maturity. Since its 2021 inception, the Class A shares have generated a 13.8% annualized total return, outperforming the S&P Global Infrastructure Total Return Index, while the preferred shares have produced a 5.1% annualized return and benefit from substantial downside protection, supported by a Pfd‑3 rating from Morningstar DBRS.
Average Trading Volume: 8,684
Technical Sentiment Signal: Buy
Current Market Cap: C$35.96M
For a thorough assessment of PWI stock, go to TipRanks’ Stock Analysis page.