FGEN: …”record cash distributions & solid dividend cover.”
FGEN, the London listed investor in environmental infrastructure assets has announced a solid set of half year results. Despite the writedown of its green hydrogen investment, following the administration of HH2E AG, FGEN reported record cash distributions and remains on target to deliver a total annual dividend of 7.80, or 10.1% on today’s share price.
We interviewed the investment team behind the trust, who outlined the financial and operational highlights from the period, but also reaffirmed their confidence in FGEN’s investment strategy.