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Sustainable Power & Infrastructure Split Corp. (T:PWI)

Business Focus: Closed End Funds

Sector:  Financials Industry:  Closed End Funds
 
Company Contact
Address: TORONTO ON M5J 2T3
Tel: N/A
Website: N/A
IR: N/A
Key People
Mark A. Caranci
President, Chief Executive Officer, Director
Ann Wong
Chief Financial Officer, Director
Kathryn Banner
Senior Vice President, Corporate Secretary
Michael Clare
Senior Vice President and Senior Portfolio Manager
Christopher Cullen
Senior Vice President
Manith Phanvongsa
Senior Vice President
Michelle Tiraborelli
Senior Vice President
Laura Lau
Chief Investment Officer
 
Business Overview
Sustainable Power & Infrastructure Split Corp. (the Fund) is a Canada-based mutual fund. The Fund invests in a globally diversified and actively managed portfolio, consisting primarily of dividend-paying securities of power and infrastructure companies, whose assets, products and services the manager believes are facilitating the multi-decade transition toward decarbonization and environmental sustainability. The Fund's portfolio includes investments in companies operating in the areas of renewable power, green transportation, energy efficiency, and communications, among others (Sustainable Power and Infrastructure Companies). The Fund's portfolio of investments is managed, and performance is evaluated, on a fair value basis. The Fund is primarily focused on fair value information and uses that information to assess the assets' performance and to make decisions. Brompton Funds Limited is the investment manager of the Fund.
Financial Overview
For the fiscal year ended 31 December 2022, Sustainable Power & Infrstrctr Splt Corp revenues decreased from C$5.7M to -C$7.9M. Net loss applicable to common stockholders totaled C$10.7M vs. income of C$3.2M. Revenues reflect Net change in unrealized gain (loss) on decrease from C$7.2M to -C$4.4M, Net realized gain (loss) on sale of inve decrease from -C$1.3M to -C$3.4M, Net realized gain (loss) on foreign curr decrease of 83% to -C$2.5M.
Reporting Currency: Canadian Dollars
Enterprise value: $2.56M as of Dec 31, 2022
Annual revenue (TTM): $-7.94M as of Dec 31, 2022
EBITDA (TTM): -$8.68M as of Dec 31, 2022
Net annual income (TTM): -$10.70M as of Dec 31, 2022
Free cash flow (TTM): -$9.59M as of Dec 31, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 3,546,466 as of Jan 5, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization