"Guinness Asset Management's Latest Sustainable Infrastructure EIS Now Open for Investment"
LONDON, October 15, 2015 /PRNewswire/ --
Guinness Asset Management announces that its 7th Guinness Sustainable Infrastructure EIS offering ("Guinness EIS") is now open for investment. This is a discretionary managed service that will invest in UK Sustainable Infrastructure companies through the tax-efficient EIS structure.
Sustainable Infrastructure
Guinness EIS is targeting attractive risk-weighted returns by making investments in UK Sustainable Infrastructure companies which are asset-backed, have predictable cash-flows through long term contracts and low technology risk.
We have identified a pipeline of investment opportunities in the sector, with a view to making investments before the end of the 2015/16 tax year. Investment opportunities include Combined Heat and Power (CHP) generators, Reserve Power, Waste Management, Waste Heat Recovery and Unsubsidised Renewables. We aim to deliver returns in excess of £1.45 to investors (including £0.30 EIS Income Tax Relief) net of all fees per £1.00 invested, in a four to five year timeframe.
Strong team
Guinness EIS will be managed by the existing team of Shane Gallwey, Edward Guinness, Dr Malcolm King, Chris Villiers and Hugo Vaux who bring extensive private equity and renewable energy experience and have raised and invested over £50 million from Guinness' existing EIS offerings. They are supported by an Investment Committee that complements the team with the experience of Tim Guinness, Andrew Martin Smith, Tom Hill-Norton and Lord Flight, Chairman of the EIS Association.
Exciting pipeline
Shane Gallwey, Fund Manager commented on Guinness EIS:
"We continue to see powerful drivers that make sustainable infrastructure investments attractive including: high and rising electricity costs; falling technology costs and increased electricity supply from intermittent sources such as solar and wind.
Guinness EIS will continue our strategy of backing UK sustainable infrastructure companies that benefit from long-term contracts providing good revenue visibility."
Diversification and low correlation with equity markets
Edward Guinness, Fund Manager said:
"We are seeing many investors making EIS investments as a means of diversifying their portfolios, generating returns with low correlations to the equity markets and making investments that have attractive returns and tax benefits."
For further information please contact:
Shane Gallwey / Edward Guinness
Tel: +44(0)20-7222-3475
shane.gallwey@guinnessfunds.com
Guinness Asset Management
http://www.guinnessfunds.com/EIS
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