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ARTICLE · 24 APRIL 2014

Guernsey Investment Company To Target Environmental Projects

John Laing Environmental Assets Group Limited (JLEN) has listed on the Main Market of the London Stock Exchange.

GuernseyWealth Management

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.

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