SDCL Energy Efficiency Income Trust completed the acquisition of Värtan Gas Stockholm for c.£100m.

SDCL Energy Efficiency Income Trust, the first UK-listed investment company of its kind to invest exclusively in the energy efficiency sector, completed the acquisition of Värtan Gas Stockholm, the owner of the established, operational and regulated gas distribution network for Stockholm, for c.£100m ($129m). "SEEIT is making an investment in an important infrastructure asset for the City of Stockholm. It provides an attractive opportunity for SEEIT to invest in an established energy network that helps with greenhouse gas emission reductions and for SEEIT to help make it greener. The operational investment offers the opportunity for an attractive level of income and for significant growth over the medium to long term. We are pleased to agree this investment immediately following our successful fund-raising," Jonathan Maxwell, Sustainable Development Capital CEO and Founder.