London Stock Exchange welcomes Downing Renewables & Infrastructure Trust plc to the Premium Segment of the Main Market

London Stock Exchange welcomes Downing Renewables & Infrastructure Trust plc (DORE) to celebrate the listing of DORE’s public shares on the premium segment of the main market. DORE also today celebrates the awarding of the Green Economy Mark, as a recognition from the London Stock Exchange that it is a company that derives 50% or more of their revenues from green activities. The Ordinary Shares will trade under the ticker DORE. Ordinary Shares with a market cap of £122.5 million have been admitted today.

In a time when the government has set the mandate for net-zero carbon emissions by 2050 and recently published “The Ten Point Plan for a Green Industrial Revolution”, DORE is a renewable energy and infrastructure trust that is supporting the important focus for a greener future, while also seeking to deliver stable and sustainable returns to its investors.  

DORE’s investment strategy is underpinned by diversification of technology, geography and project stage with a diversified portfolio of renewable energy generating assets and other infrastructure assets in the UK, Ireland and Northern Europe. This has been designed to increase the stability of revenues and reduce seasonal variability and enhance returns by investing in assets that are in construction or are construction ready.

Downing LLP (Downing) have been appointed as fund manager to DORE and have over a decade’s track record deploying capital and delivering exits in the renewables space. Committed to ESG investing, Downing is also a signatory of Principles for Responsible Investment (PRI).  Their team include an in-house asset management team comprising technical and commercial specialists who are responsible for protecting and adding value throughout an asset's lifecycle.

Tom Williams, Partner, Head of Energy and Infrastructure at Downing LLP, said: “We are very pleased to be listing DORE on the Main Market of the London Stock Exchange today. Renewable energy generation must play the critical role in the UK and Europe’s efforts to decarbonise. The capital we have raised from both institutional and retail investors will be invested in a diverse portfolio of high-quality assets that contribute to those efforts, while aiming to deliver attractive returns to shareholders.”

Quick facts

Market: Main Market
Instrument market cap (£m)
Listing/Admission to trading
10 Dec 2020
Looking for new and recent issues?

More recent

London Stock Exchange welcomes HydrogenOne Capital Growth plc to the Premium Segment of the Main Market

HydrogenOne Capital Growth plc, the first London listed hydrogen fund, offers growth potential in clean hydrogen and related technologies. The Company offers investors diversified exposure to private equity and listed hydrogen companies on an international basis. The Company has today listed on the premium segment of London Stock Exchange's main market and qualifies for the Green Economy Mark.<

Learn more
London Stock Exchange welcomes Seplat Energy’s Capital Markets Day

Seplat Energy has today opened London Stock Exchange trading at an official Market Opening ceremony. 

Seplat Energy is a leading independent energy company operating in the prolific Niger Delta area of Nigeria and a leading supplier of processed gas to the domestic market. In 2014 the company completed the first ever dual listing on both the London Stock Exchange (LSEG) and

Learn more
London Stock Exchange welcomes Spinnaker Acquisitions Plc to the Main Market

Spinnaker Acquisitions Plc (“SPAQ”) is a newly established purpose-built cash shell aiming to support businesses and projects in the areas of Sustainability and Energy Transition. With interest in the green economy as keen as it is currently, the objective is to find a business valued at £5–30M with strong profit potential and likely market appetite. 

SPAQ is a company co-founded

Learn more
London Stock Exchange welcomes BIG TECHNOLOGIES PLC to AIM

Big Technologies PLC, the UK-based, remote people monitoring technology company, has today taken the next step in its long-term growth strategy as it is admitted to AIM of London Stock Exchange. It is now trading on AIM, having raised gross proceeds in excess of £200 million, with ticker BIG. At the placing price of 200p per share, Big Technologies PLC has a market capitalisation of £577 millio

Learn more