22 December 2025

LEI: 213800B81BFJKWM2JV13

Octopus Renewables Infrastructure Trust plc

("ORIT" or the "Company")

Sales of stakes in two projects

Transactions take ORIT's total sales proceeds in 2025 to £74.3 million

Octopus Renewables Infrastructure Trust plc, the diversified renewables infrastructure company, today announces that it has signed agreements for two further operational asset sales: the disposal of a 49% stake of its full ownership in the 67 MW Breach solar farm in Cambridgeshire ("Breach"), and the disposal of 51% (ORIT's entire holding) in the 46 MW Crossdykes onshore wind farm in Scotland ("Crossdykes").

Both sales have been agreed in line with their holding valuations. Together with the Company's previously announced exits from Simply Blue's offshore wind platform and the HYRO green hydrogen and e-fuels development platform in October 2025, the transactions will take ORIT's total proceeds from sales during 2025, including deferred components, to £74.3 million.

The 49% stake in Breach is being acquired by Tokyo Century Corporation ("Tokyo Century"), which will also acquire 49% of Crossdykes. ORIT has signed an agreement to sell the remaining 2% of Crossdykes to the Octopus Energy Generation-managed Octopus Renewables Infrastructure SCSp fund, at the same valuation, which already owns 49% of this asset. Completion is expected to occur next week.

ORIT acquired both assets in 2022. Crossdykes was purchased shortly after becoming operational, while Breach was acquired at the pre-construction stage - providing another example of ORIT managing the advancement of a project across its entire lifecycle, from the construction phase to operations and finally concluding with a successful exit. The Company will retain a 51% stake in Breach, which has the right to add battery storage for connection in 2029. A decision regarding this investment will be made by both ORIT and Tokyo Century at a later date.

The proceeds from the two sales received will be used to pay down leverage, in-line with the Company's capital allocation objectives set in March 2025. This paves the way for future investment into construction opportunities, as outlined in the ORIT 2030 strategy announced in September 2025. OEGen is in active dialogue on further potential sales.

Philip Austin, Chair of Octopus Renewables Infrastructure Trust plc, commented: "We are delighted to have completed these asset sales, representing continued delivery of ORIT's capital recycling programme, and realising total proceeds of £74 million in 2025. This also reinforces confidence in our underlying asset valuations and discussions with prospective buyers for other assets continue to progress. These divestments will enable ORIT to reduce debt and move forward with investment into higher-growth opportunities, which the manager is already pursuing as a key part of our 'ORIT 2030' strategy. We also look forward to our ongoing partnership with Tokyo Century through the Breach project, and potential future opportunities that this may bring."

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Notes to editors 

About Octopus Renewables Infrastructure Trust 

Octopus Renewables Infrastructure Trust ("ORIT") is a closed-ended investment company incorporated in England and Wales admitted to the closed-ended investment funds category of the official list and to trading on the London Stock Exchange plc's main market for listed securities, focused on providing investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets in Europe and Australia. As an impact fund, ORIT is helping accelerate the transition to net zero by investing in green energy, whilst also contributing to a broader set of UN Sustainable Development Goals through its impact initiatives. ORIT's investment manager is Octopus Energy Generation.   

Further details can be found at www.octopusrenewablesinfrastructure.com.  

About Octopus Energy Generation 

Octopus Energy Generation is driving the renewable energy agenda by building green power for the future. Its specialist renewable energy fund management team invests in renewable energy assets and broader projects helping the energy transition, across operational, construction and development stages. The team was set up in 2010 based on the belief that investors can play a vital role in accelerating the shift to a future powered by renewable energy. It has a 14-year track record with approximately £7.0 billion of assets under management (AUM) (as at 30 September 2025) across 21 countries and with a total 4.9 GW of capacity managed. Octopus Energy Generation is the trading name of Octopus Renewables Limited.  

Further details can be found at www.octopusenergygeneration.com.  

About Tokyo Century Corporation

Tokyo Century Corporation (President & CEO, Representative Director: Koji Fujiwara; Head office: Chiyoda-ku) is a highly specialized financial services company that offers an extensive range of products and services including equipment leasing, mobility, specialty financing, and international business. As a company that promotes the realization of an environmentally sound, sustainable economy and society, Tokyo Century is actively expanding its Environmental Infrastructure business, which includes renewable energy generation and other decarbonization initiatives.  Tokyo Century is listed in the Tokyo Stock Exchange (8439), and its major shareholders include Itochu Corporation, Mizuho Financial Group, and NTT.

Further details can be found at https://www.tokyocentury.co.jp/en/.