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Octopus Renewables Infrastructure Trust Plc
(LSE:ORIT)
Octopus Renewables Infrastructure Trust Plc (ORIT) vs. S&P 500 (SPY)
Octopus Renewables Infrastructure Trust Plc Business Overview & Revenue Model
Octopus Renewables Infrastructure Trust Plc Financial Statement Overview
| Breakdown | ||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 34.74M | 19.72M | 72.25M | 36.22M | 15.48M | Gross Profit |
| 23.58M | 8.53M | 66.54M | 32.08M | 12.03M | EBIT |
| 21.77M | 14.07M | 69.84M | 34.79M | 7.82M | EBITDA |
| 11.27M | 0.00 | 0.00 | 0.00 | 1.56M | Net Income Common Stockholders |
| 22.06M | 12.70M | 69.84M | 34.79M | 8.35M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 282.00K | 10.01M | 10.60M | 93.95M | 87.19M | Total Assets |
| 609.83M | 602.28M | 620.18M | 579.81M | 345.99M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -282.00K | -10.01M | -10.60M | -93.95M | -87.19M | Total Liabilities |
| 1.58M | 3.24M | 1.92M | 2.12M | 2.06M | Stockholders Equity |
| 608.25M | 599.04M | 618.26M | 577.69M | 343.93M |
| Cash Flow | Free Cash Flow | |||
| 66.47M | 36.91M | 29.91M | 20.30M | 11.32M | Operating Cash Flow |
| 66.47M | 36.91M | 29.91M | 20.30M | 11.32M | Investing Cash Flow |
| -8.49M | -5.58M | -83.58M | -212.52M | -259.71M | Financing Cash Flow |
| -59.68M | -31.92M | -29.67M | 198.97M | 335.58M |
Octopus Renewables Infrastructure Trust Plc Technical Analysis
Octopus Renewables Infrastructure Trust Plc Peers Comparison
Octopus Renewables Infrastructure Trust Plc Corporate Events
Octopus Renewables Infrastructure Trust Plc has repurchased 50,000 of its ordinary shares at an average price of 61.2 pence per share, which will be held in treasury. This transaction affects the total number of voting rights, now standing at 551,020,568, and may influence shareholder calculations regarding voting interests, aligning with the company’s strategic financial management.
Spark’s Take on GB:ORIT Stock
According to Spark, TipRanks’ AI Analyst, GB:ORIT is a Neutral.
Octopus Renewables Infrastructure Trust Plc’s score is driven by strong financial stability with zero debt and a high equity ratio, complemented by healthy cash flows. Corporate events further enhance the score with strategic actions like dividend increases and share buybacks, supporting shareholder value. However, the high P/E ratio and declining revenues slightly offset these positives. Technical indicators are neutral, providing a balanced view of market sentiment.
To see Spark’s full report on GB:ORIT stock, click here.
Octopus Renewables Infrastructure Trust Plc has repurchased 250,000 of its own ordinary shares at an average price of 63.5 pence per share, which will be held in treasury. This transaction affects the total voting rights in the company, now standing at 551,070,568, which shareholders can use to calculate their interests in accordance with regulatory guidelines.
Octopus Renewables Infrastructure Trust Plc reported a NAV total return of 2.5% for the year ending December 31, 2024, with significant growth in power generation, revenues, and EBITDA. The company achieved its dividend target, with a 4% increase over the previous year, and plans for further dividend growth in line with UK CPI. Despite facing macroeconomic challenges, ORIT’s strategic moves, such as reducing debt and selling its Swedish wind asset, demonstrate its potential for equity upside and solidify its position in the renewable energy market. The company’s stable NAV and progressive dividend policy suggest that its current 36% discount is unjustified.
Octopus Renewables Infrastructure Trust Plc has announced its total voting rights as of March 31, 2025, with 551,570,568 Ordinary shares in circulation. This information is crucial for shareholders to assess their holdings and comply with the FCA’s Disclosure Guidance and Transparency Rules, impacting how stakeholders manage their investments in the company.
Octopus Renewables Infrastructure Trust Plc announced the purchase of 500,000 ordinary shares at an average price of 63.30 pence per share, which will be held in treasury. This transaction impacts the company’s share capital structure, with a total of 13,356,968 shares now held in treasury and 564,927,536 shares in issue, affecting the voting rights calculations for shareholders.
Octopus Renewables Infrastructure Trust Plc announced the purchase of 202,906 ordinary shares at an average price of 62.50 pence per share, which will be held in treasury. This transaction affects the company’s total voting rights, now amounting to 552,320,568, and may influence shareholder calculations regarding voting interests, reflecting the company’s strategic financial management and market positioning.
Octopus Renewables Infrastructure Trust Plc has repurchased 250,000 of its own ordinary shares at an average price of 63.48 pence per share, in accordance with the authority granted at its 2024 Annual General Meeting. This transaction increases the company’s treasury shares to 12,404,062, while the total number of voting rights stands at 552,523,474. This move is part of the company’s strategy to manage its share capital effectively, potentially impacting shareholder value and market perception.
Octopus Renewables Infrastructure Trust plc reported a positive NAV total return of 2.5% for the year ending December 31, 2024, with a fully covered dividend increase in line with UK CPI. The company made significant progress in its capital allocation strategy, including the acquisition of solar farms in Ireland and the sale of a Swedish wind farm, which contributed to its operational and financial growth. Despite a reduction in NAV, the company increased its gross asset value and improved operational performance, with generation, revenue, and EBITDA all showing year-on-year growth. The company remains committed to delivering shareholder value through disciplined capital allocation and strategic investments, positioning itself well in the renewable energy sector.
Octopus Renewables Infrastructure Trust (ORIT) reported positive financial results for the year ending December 2024, with a NAV total return of 2.5% and a fully covered dividend increase in line with UK CPI. The company made significant progress in its capital allocation strategy, including the acquisition of solar farms in Ireland, the sale of a Swedish wind farm, and investments in renewable energy developers. These strategic moves are expected to enhance ORIT’s portfolio and position it well for future growth, despite challenging market dynamics. The company remains committed to delivering shareholder value through disciplined capital management and active asset management, with plans to further reduce debt and make accretive investments.
Octopus Renewables Infrastructure Trust Plc has repurchased 200,000 of its own ordinary shares at an average price of 63.9 pence per share, as authorized at its Annual General Meeting. This transaction increases the total number of shares held in treasury to 12,154,062, impacting the company’s voting rights calculations and potentially influencing shareholder interests.
Octopus Renewables Infrastructure Trust Plc has repurchased 250,000 of its own ordinary shares at an average price of 64.25 pence per share, as authorized at its 2024 Annual General Meeting. This transaction increases the company’s treasury shares to 12,204,062, impacting the total voting rights available to shareholders, which now stands at 552,723,474. This move may influence shareholder calculations and reflects the company’s strategic financial management.
Octopus Renewables Infrastructure Trust has appointed Sally Duckworth as an independent Non-Executive Director, effective March 21, 2025. She is expected to chair the Audit and Risk Committee after the upcoming Annual General Meeting. With extensive experience in financial services, venture capital, and private equity, Ms. Duckworth brings valuable expertise to the board, potentially strengthening ORIT’s governance and strategic oversight as it continues to focus on renewable energy investments.
Octopus Renewables Infrastructure Trust Plc has repurchased 100,000 of its own ordinary shares at an average price of 65.5 pence per share, as part of the authority granted at its 2024 Annual General Meeting. This transaction increases the total number of shares held in treasury to 11,954,062, impacting the company’s voting rights calculation and potentially influencing shareholder interests.
Octopus Renewables Infrastructure Trust Plc announced the purchase of 250,000 of its own ordinary shares at an average price of 65.5 pence per share, which will be held in treasury. This transaction reflects the company’s strategy to manage its share capital effectively, potentially impacting shareholder value and voting rights, as the total number of voting rights now stands at 553,073,474.
Octopus Renewables Infrastructure Trust Plc announced the repurchase of 116,091 ordinary shares at an average price of 65.49 pence per share, which will be held in treasury. This transaction, authorized at the company’s 2024 Annual General Meeting, adjusts the total number of voting rights to 553,323,474, impacting shareholder calculations in line with FCA guidelines.
Octopus Renewables Infrastructure Trust Plc has repurchased 25,000 of its own ordinary shares at an average price of 65.5 pence per share, as authorized by its Annual General Meeting. This transaction, which results in the company holding over 11 million shares in treasury, impacts the total voting rights available to shareholders, aligning with the company’s strategic financial management and shareholder value enhancement efforts.
Octopus Renewables Infrastructure Trust plc has extended the term of its Revolving Credit Facility (RCF) to June 2028 and reduced its size from £270.8 million to £150 million, resulting in annual cost savings of approximately £850,000. This strategic financial adjustment aligns with the company’s capital allocation update and reflects its commitment to efficient capital management, potentially enhancing its financial stability and operational flexibility in the renewable energy sector.
Octopus Renewables Infrastructure Trust Plc has repurchased 250,000 of its own ordinary shares at an average price of 63.32 pence per share, as authorized in its 2024 Annual General Meeting. This transaction increases the company’s treasury shares to 11,462,971, impacting the total number of voting rights, which now stands at 553,464,565. The buyback reflects the company’s strategy to manage its share capital effectively, potentially enhancing shareholder value and signaling confidence in its market positioning.
Octopus Renewables Infrastructure Trust plc announced it will release its audited financial results for the year ending 31 December 2024 on 27 March 2025. The company will hold a presentation for analysts and an online session for shareholders to discuss the results. This announcement is significant as it provides stakeholders with insights into the company’s financial health and operational performance, potentially influencing investment decisions and reflecting ORIT’s commitment to transparency and investor engagement.
Octopus Renewables Infrastructure Trust has announced an update on its capital allocation strategy, including extending its share buyback program with an additional £20 million and setting goals to reduce gearing and realize asset sales. The company aims to enhance shareholder value by optimizing its portfolio and maintaining a progressive dividend, despite the challenging environment for renewable energy infrastructure trusts. The strategic moves are expected to strengthen ORIT’s market position and support its long-term growth objectives in the renewable energy sector.
Octopus Renewables Infrastructure Trust Plc announced the purchase of 150,000 ordinary shares at an average price of 63.84 pence per share, which will be held in treasury. This transaction reflects the company’s strategic approach to managing its share capital and may impact the calculation of voting rights for shareholders, aligning with the FCA’s Disclosure Guidance and Transparency Rules.
Octopus Renewables Infrastructure Trust Plc announced the repurchase of 150,000 ordinary shares at an average price of 64.749 pence per share, which will be held in treasury. This transaction affects the company’s total voting rights, now at 553,864,565, impacting shareholder calculations of interests in voting rights according to FCA rules.
Octopus Renewables Infrastructure Trust Plc announced its total voting rights as of February 28, 2025, with 554,014,565 ordinary shares in circulation. This update is crucial for shareholders to determine their interests in the company according to the FCA’s Disclosure Guidance and Transparency Rules.
Octopus Renewables Infrastructure Trust Plc has repurchased 236,209 of its own ordinary shares at an average price of 65.97 pence per share, as authorized by its Annual General Meeting. This transaction increases the company’s treasury holdings to 10,912,971 shares, impacting the total number of voting rights available to shareholders, which now stands at 554,014,565. This strategic move may influence the company’s market positioning and shareholder value.
Octopus Renewables Infrastructure Trust has secured a new £100 million five-year term loan facility with Santander, National Australia Bank, and Allied Irish Banks. This facility, secured against UK wind and solar assets, will reduce the company’s existing Revolving Credit Facility debt and lower interest costs from 6.5% to 5.3%. The move reflects ORIT’s strategy to reduce debt costs and enhance shareholder value, while also working to extend and reduce the size of its current credit commitments.
Octopus Renewables Infrastructure Trust Plc has repurchased 150,000 of its ordinary shares at an average price of 65.23 pence per share, as part of its ongoing strategy to manage its capital structure. This transaction increases the number of shares held in treasury to 10,676,762, impacting the total voting rights available to shareholders. The move reflects the company’s efforts to optimize shareholder value and manage its equity base effectively.
Octopus Renewables Infrastructure Trust Plc has repurchased 300,000 of its ordinary shares at an average price of 66.17 pence per share, in line with the authority granted at its 2024 Annual General Meeting. This transaction increases the number of shares held in treasury to over 10.5 million, impacting the total voting rights available to shareholders and reflecting the company’s ongoing strategy to manage its share capital effectively.
Octopus Renewables Infrastructure Trust Plc has announced the initiation of an Irrevocable Share Repurchase Programme managed by Peel Hunt LLP, following the authorization granted at the company’s annual general meeting. This programme, set to run until the publication of their annual report for 2024, enables the company to buy back up to 14.99% of its issued ordinary share capital, which may positively impact shareholder value by potentially enhancing earnings per share and providing price support.
Octopus Renewables Infrastructure Trust Plc has announced the purchase of 33,000 of its own ordinary shares at an average price of 66.0 pence per share. This transaction, which is part of the authority granted at the 19 June 2024 Annual General Meeting, results in the company holding a total of 10,226,762 shares in treasury and impacts the number of voting rights available to shareholders, which stands at 554,700,774. This move is indicative of the company’s strategy to manage its capital structure and potentially boost shareholder value, reflecting its proactive approach in the renewable energy sector.
Octopus Renewables Infrastructure Trust Plc has repurchased 200,000 ordinary shares at an average price of 67.93 pence per share, as per the authority granted at its 2024 Annual General Meeting. This transaction increases the company’s treasury shares to 10,193,762 and establishes the total number of voting rights to 554,733,774, potentially influencing shareholder calculations on voting rights.
Octopus Renewables Infrastructure Trust Plc has repurchased 250,000 of its own ordinary shares at an average price of 68.50 pence per share, in line with the authority granted at its last Annual General Meeting. This transaction results in the company holding nearly 10 million shares in treasury and adjusts the total number of voting rights to 554,933,774, affecting shareholder calculations under the FCA’s rules.
Octopus Renewables Infrastructure Trust has committed an additional €3.4 million to Nordic Generation, a Finnish wind and solar developer, to support its Phase 2 pipeline. This investment restructures ORIT’s stake into a 30% direct ownership, potentially increasing its value by up to £1.5 million and doubling the project’s expected capacity to 845MW, highlighting ORIT’s dedication to expanding clean energy capacity.
Octopus Renewables Infrastructure Trust Plc has announced its total voting rights as of 31 January 2025, which consists of 555,183,774 ordinary shares in circulation. This information is crucial for shareholders to determine their required notifications under the FCA’s Disclosure Guidance and Transparency Rules, reflecting the company’s commitment to transparency and regulatory compliance.
Octopus Renewables Infrastructure Trust plc has declared its Q4 2024 dividend of 1.51 pence per share, completing a total dividend of 6.02 pence per Ordinary Share for FY 2024, fully covered by cash flows from its assets. The company also announced an increased dividend target of 6.17 pence per share for FY 2025, marking the fourth consecutive year of dividend increases in line with inflation, reflecting ORIT’s commitment to a progressive dividend policy and its robust operating cash flows.
Octopus Renewables Infrastructure Trust plc has repurchased 250,000 of its ordinary shares at an average price of 64.60 pence per share. These shares will be held in treasury, resulting in a total of 9,743,762 shares held in treasury and 555,183,774 voting rights available for shareholder calculations. This move is part of the company’s strategy to manage its equity base and potentially enhance shareholder value by reducing the number of shares available in the market.
Octopus Renewables Infrastructure Trust plc has purchased 25,000 of its own ordinary shares at an average price of 64.50 pence per share, as part of its ongoing share buyback program. This transaction increases the company’s treasury holdings to 9,493,762 shares, impacting the total number of voting rights available to shareholders, which now stands at 555,433,774.
Octopus Renewables Infrastructure Trust Plc announced a correction to its previous ‘Transaction in Own Shares’ statement, adjusting the figures related to its share repurchase. The company confirmed the acquisition of 94,000 ordinary shares at an average price of 63.41 pence each, now holding 9,468,762 shares in treasury. This transaction impacts the total voting rights, now standing at 555,458,774, providing crucial data for shareholders to calculate their interests under the FCA’s rules.
Octopus Renewables Infrastructure Trust Plc has repurchased 94,000 of its own ordinary shares, holding them in treasury, as part of its ongoing strategy to manage share capital effectively. This move affects the company’s total voting rights, providing shareholders with updated figures for calculating their interests, reflecting the company’s proactive approach in optimizing its capital structure.
The latest research by Kepler Trust Intelligence suggests that Octopus Renewables Infrastructure Trust’s portfolio is currently undervalued, presenting potential opportunities for long-term investors. This assessment could positively impact the trust’s market position by attracting more investor interest due to its perceived value opportunity, although stakeholders are advised to seek independent financial advice before making investment decisions.
Octopus Renewables Infrastructure Trust Plc announced the purchase of 106,000 ordinary shares at an average price of 63.75 pence each, to be held in treasury. This transaction affects the company’s voting rights calculations, providing a new denominator of 555,523,099 for shareholder interests according to FCA rules.