JLEN Environmental Assets Group welcomes Ed Warner to its Board of Directors as Chair

– GUERNSEY, St. Peter Port – JLEN Environmental Assets Group Limited (LON: JLEN) today announced the appointment of Ed Warner, OBE to its Board of Directors as Chair with effect from 2 August 2022, succeeding Richard Morse who stepped down on 15 July 2022.

“I am pleased to welcome Ed to the JLEN Board. He brings deep knowledge of financial markets and the investment trust sector and is well placed to lead the board in the future as JLEN, now a FTSE 250 company, continues to invest in the environmental infrastructure sector.” said Richard Ramsay, Senior Independent Director.

About Ed Warner

Ed Warner brings extensive financial services experience from his time spent in senior positions at several investment banks and financial institutions, including IFX Group, Old Mutual, NatWest Markets, and Dresdner Kleinwort Benson. He also has considerable investment trust experience, having been Chair of both Standard Life Private Equity Trust plc and Blackrock Energy and Resources Income Trust. He is currently Chair of HarbourVest Global Private Equity Limited. Ed has also previously served as Chair of Air Partner plc and non-executive director and interim Chair of Clarkson plc.

Ed Warner said: “I am delighted to join the board at JLEN and look forward to working with the Board and team at Foresight to continue to diversify our portfolio and grow the company and deliver excellent returns for shareholders in this vital asset class.”

About JLEN

JLEN’s investment policy is to invest in a diversified portfolio of Environmental Infrastructure. Environmental Infrastructure is defined by the Company as infrastructure assets, projects, and asset-backed businesses that utilize natural or waste resources or support more environmentally friendly approaches to economic activity, support the transition to a low carbon economy, or mitigate the effects of climate change. Such investments will typically feature one or more of the following characteristics:

  • long-term, predictable cash flows, which may be wholly or partially inflation-linked;
  • long-term contracts or stable and well-proven regulatory and legal frameworks; or
  • well-established technologies, and demonstrable operational performance

JLEN aims to provide investors with a sustainable, progressive dividend per share, paid quarterly, and to preserve the capital value of the portfolio over the long term on a real basis. The target dividend for the year 31 March 2023 is 7.14 pence per share1. The dividend is payable quarterly.

For more information: https://jlen.com/

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