John Laing Environmental Assets Group Limited
(JLEN) has listed on the Main Market of the London Stock
Exchange (LSE).
The Guernsey closed-ended investment company is to invest in
environmental infrastructure projects that have the benefit of
long-term, predictable, wholly or partially inflation-linked cash
flows supported by long-term contracts or stable regulatory
frameworks
Leading offshore law firm Mourant
Ozannes advised John Laing Environmental Assets Group Limited
(JLEN) on all Guernsey-related aspects of its listing to raise
gross proceeds of £160 million in its placing and initial
public offering of ordinary shares.
The proceeds of the issue will be used to acquire the initial
portfolio which considts of investment interests in one solar
project, three onshore wind farm projects, two waste processing
projects and one wastewater treatment project.