Decoupling asset buying from money raising | Stephen Lilley, Schroders Greencoat | Be Inspired

With the heightened focus on ESG for publicly listed companies in the last couple of years, how have ESG-focused investment companies reacted to this change? In this episode of the Be Inspired series, LSEG’s Akhil Suresh talks to Stephen Lilley, Founding Partner of Schroders Greencoat. Stephen discusses how Greencoat Capital, which manages Greencoat UK Wind, the largest listed green infrastructure fund on our markets, operates as a listed business. Describing listing as a balance sheet, Stephen explains how listing enabled the company to delink buying assets from raising money through short-term revolving credit facilities, where new assets can be bought when the time is right, and money is then raised separately. He also details their listing journey from the mistakes they made in the first attempt to the steps they took to eventually succeed. #BeInspired #CEOInsights #LondonStockExchange #Sustainability #SustainableInvestment Check out more episodes of the Be Inspired CEO series: https://bit.ly/3vfpLlc Subscribe now for more videos like this one @LSEGplc London Stock Exchange podcast Spotify: https://spoti.fi/3Qb7UnP Apple Podcasts: https://apple.co/3zFz5l7 Google Podcasts: https://bit.ly/3PP8GXC Web: https://bit.ly/3SftpWo RSS: https://bit.ly/3oHi9V2 About LSEG LSEG (London Stock Exchange Group) is a diversified international markets infrastructure business —earning our clients’ trust for over 300 years. That legacy of customer-focused excellence ensures that you can rely on our expertise in capital formation, intellectual property and risk and balance sheet management. As global leaders in financial indexing, benchmarking and analytic services, we offer unrivalled access to international capital markets. Our high-performance technology solutions enable companies worldwide to access funds for growth and development. And with our Data & Analytics, Capital Markets and Post Trade divisions, we provide a comprehensive, integrated suite of trusted financial market infrastructure services that help our customers pursue—and achieve—their ambitions. That’s how we make a difference— ensuring people can meet their potential—worldwide. Disclaimer The content and information (“Content”) in the program (“Programs”) is provided for informational purposes only and not investment advice. You should not construe any such Content, information or other material as legal, tax, investment, financial, or other professional advice nor does any such information constitute a comprehensive or complete statement of the matters discussed. None of the Content constitutes a solicitation, recommendation, endorsement, or offer by the London Stock Exchange Group (LSEG), its affiliates or any third party service provider to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. All Content is information of a general nature, is illustrative only and does not address the circumstances of any particular individual or entity. LSEG and its affiliates are not a fiduciary by virtue of any person’s use of or access to the Programs or Content. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content in the Programs before making any decisions based on such information or other Content. In exchange for accessing and/or participating in the Program and Content, you agree not to hold LSEG, its affiliates or any third party service provider liable for any possible claim for damages arising from any decision you make based on information or other Content made available to you through the Program. LSEG and its affiliates make no representation or warranty as to the accuracy or completeness of the Content. LSEG disclaims all liability for any loss that may arise (whether direct, indirect, consequential, incidental, punitive or otherwise) from any use of the information in the Program. LSEG does not recommend, explicitly nor implicitly, nor suggest or recommend any investment strategy. LSEG and its affiliates do not have regard to any individual’s, group of individuals’ or entity’s specific investment objectives, financial situation or circumstances. The views expressed in the Program are not necessarily those of LSEG or its affiliates. LSEG and its affiliates do not express any opinion on the future value of any security, currency or other investment instrument. You should seek expert financial and other advice regarding the appropriateness of the material discussed or recommended in the Program and should note that investment values may fall, you may receive back less than originally invested and past performance is not necessarily reflective of future performance.