Octopus Renewables Infrastructure Trust PLC (CHIX:ORITl)
£ 0.73 (0%) Market Cap: 394.21 Mil Enterprise Value: 382.36 Mil PE Ratio: 34.71 PB Ratio: 0.71 GF Score: 42/100
Back to the Transcripts List

Full Year 2024 Octopus Renewables Infrastructure Trust PLC Earnings Call Transcript

Mar 27, 2025 / 11:00 AM GMT
Release Date Price: £0.729

Key Points

Positve
  • Octopus Renewables Infrastructure Trust PLC (LSE:ORIT) delivered a positive NAV total return of around 2.5% for the calendar year 2024.
  • The company paid an on-target fully covered dividend of 6.02p per share, marking the third consecutive year of dividend increase in line with inflation.
  • A successful share buyback program was implemented, initially set at 10 million pounds and later increased to 30 million pounds, contributing to NAV per share accretion.
  • The acquisition of the Ballymacarni solar complex and the Harliton project expanded their portfolio, adding significant megawatt capacity.
  • The company achieved a 7% increase in generation from its portfolio, with new projects receiving higher electricity prices and reduced operating costs, leading to increased EBITDA margins.
Negative
  • Despite a positive NAV return, the net asset value declined due to capital returned to shareholders and running costs.
  • The company faces challenges in reducing leverage, with a goal to bring it below 40% of gross asset value.
  • There is uncertainty in the market due to policy and government rhetoric that sometimes suggests a move away from renewables.
  • The company is reliant on capital recycling, with significant asset sales required to maintain financial health.
  • The UK market is undergoing changes in grid access reform, which could impact project timelines and costs.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ORIT.L - Octopus Renewables Infrastructure Trust PLC
Full Year 2024 Octopus Renewables Infrastructure Trust PLC Earnings Call
Mar 27, 2025 / 11:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Octopus Renewables Infrastructure Trust is a company that we IPOed back in December 2019, on the back of a mandate, to build a diversified portfolio of renewable energy assets across the UK, Europe, and Australia. We've spent the past five years building that portfolio. We now have around about 41 assets and spanning 803 megawatts of generating capacity across 5 key markets.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
So during calendar year 2024, we delivered a positive NAV total return of around 2.5%. And that was mostly
Already have an account? Log in
Get the full story
Start 7-Day Free Trial
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot
Research Tools
All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board
Product
Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文
Education
Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation
Company
About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program
Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey
Follow Us
download GuruFocus on Apple store download GuruFocus on Google Play
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
© 2004-2025 GuruFocus.com, LLC. All Rights Reserved.