Green infrastructure fund
The
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These include further investments into operational bio-energy assets and battery storage opportunities.
As a result of the successful placing, JLEN will issue 54.6m new shares at a price of 104p per share.
The fund said it would also use the proceeds to pay down amounts outstanding under its revolving credit facility in order to create more funding headroom to meet existing commitments.
JLEN, which invests in renewable energy infrastructure around the world, currently owns 36 assets with a total generation capacity of 310.7 megawatts.
Its current portfolio includes onshore wind, photovoltaic solar, waste and wastewater processing plants, hydro and anaerobic digestion plants, low carbon transport and battery storage in the
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