JLEN Environmental Assets Group has today announced its half year results. JLEN is an environmental infrastructure investment fund which pays a quarterly, progressive dividend. In line with this strategy a further interim dividend of 1.69p per share has been announced making the total dividend declared for the six months to 30 Sep 2020 of 3.38p.

Despite the economic malaise, JLEN completed two acquisitions in the period in the hydropower, battery storage and anaerobic sectors. The NAV was down slightly to 96.1p, mainly due to long term power prices. However, measures taken by the investment team to fix price, together with the diversity of the portfolio helped to reduce the impact.

Below is an interview with the investment team, Chris Tanner & Chris Holmes who talk us through the highlights from the period