Edison Releases Report on SDCL Energy Efficiency Income Trust

On October 1, 2024, Edison Investment Research Limited published a report on SDCL Energy Efficiency Income Trust (LSE: SEIT). The report covers the interim update for the six months ending September 30, 2024. It highlights that SEEIT's operational assets are performing in line with management’s expectations, positioning the portfolio well for growth.

SEEIT is actively exploring additional financing, co-investment, and disposal opportunities to support the capital needs of Onyx and EVN, which are growing faster than budgeted. Surplus capital will be allocated to reducing SEEIT’s revolving credit facility. Management is confident in delivering the target dividend of 6.32p per share for FY25, equivalent to a 10% current yield, fully backed by net operational cash from investments.