Foresight Group launches £20m infrastructure EIS

Alice Rigby
clock

Private equity manager Foresight Group has launched an infrastructure enterprise investment scheme (EIS), in a bid to offer investors access to energy infrastructure opportunities.

The £20m Foresight Energy Infrastructure EIS fund offers investors the chance to invest in projects that support the evolution of energy infrastructure in the UK. The EIS structure will give investors the added benefit of substantial tax reliefs. These include a 30% income tax relief and exemption from capital gains tax. Woodford hits out at Osborne's renewable energy U-turn Investments targeted by the fund include reserve power and smart data equipment, which both improve energy efficiencies. The former helps smooth the intermittent generation profile of a grid which sources...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on VCTs/EIS

Fuel Ventures VCT launches debut £50m fundraise

Fuel Ventures VCT launches debut £50m fundraise

Led by MyVoucherCodes founder

clock 25 January 2024 • 1 min read
Defaqto unveils new ratings for AIM and unlisted BR services

Defaqto unveils new ratings for AIM and unlisted BR services

Following MICAP acquisition

Sahar Nazir
clock 22 January 2024 • 2 min read
Calculus launches next EIS offering with tech and healthcare focus

Calculus launches next EIS offering with tech and healthcare focus

£2 tax free for each £1 invested

Hope Coumbe
clock 18 January 2024 • 1 min read
Trustpilot