Investment trusts focused on infrastructure, particularly those involved in renewable energy projects, have boomed this year as income-hungry investors and those wishing to back the energy transition have flocked to participate in record numbers of share issues.
There is little sign of this momentum losing pace. One energy efficiency trust, Atrato Onsite Energy, is in the process of launching, as well as two more generalist trusts with renewable components.
“There is an awful lot of investment needed in the renewable sector and it will likely raise an awful lot more money yet,” says James Carthew, head of investment company research at research firm QuotedData.