SDCL Energy Efficiency Income Trust (SEEIT) PLC shares were steady on their first day of trading on the London market.
The energy efficiency investor earlier this month said it had raised £100mln through the issue of 100mln shares at 100p a share.
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Shares in the company were flat at 103.0p in early afternoon trade.
The company, which is targeting a total return of between 7% and 8% per annum, said its initial dividend yield target will be 5.0%, rising to 5.5% in March 2021.
"Today, we are delighted to be listing SEEIT as the first investment company on the main market of the London Stock Exchange to focus exclusively on energy efficiency infrastructure. It is a testament to the proposition that we have been able to attract high-quality investor support in challenging markets. We look forward to delivering a stable and growing income stream from our seed portfolio and from attractive acquisition opportunities,” CEO Jonathan Maxwell said in a statement.