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| TIDM | SEQI |
| Share Price | Loading... |
| Market Cap | Loading... |
| Date | 16 Jul 2024 |
| Time | 07:00:05 |
| Category | Corporate updates |
| ID | 4862W |
16 July 2024
Sequoia Economic Infrastructure Income Fund Limited
(the "Company")
Californian License
The Board of SEQI, the specialist investor in economic infrastructure debt, is pleased to announce that its wholly-owned subsidiary, Sequoia IDF Holdings S.A., has received a finance lender license under the Californian Financing Law. This will enable the Company to greatly increase the scope of its current pipeline of opportunities in California, and provides the Company with a competitive advantage over non-licenced lenders.
California is one of the largest and fastest-growing markets for infrastructure finance in the US and, were it a country, would rank as the world's fifth largest economy. Target sectors for the Company in California include energy transition (including renewable energy), digitalisation and transport infrastructure.
For further information, please contact:
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Sequoia Investment Management Company Steve Cook Dolf Kohnhorst Randall Sandstrom Anurag Gupta
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+44 (0) 20 7079 0480
|
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Jefferies International Limited (Corporate Broker & Financial Adviser) Gaudi Le Roux Stuart Klein
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+44 (0) 20 7029 8000 |
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Teneo (Financial PR) Martin Pengelley Elizabeth Snow
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+44 (0) 20 7353 4200 |
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Sanne Fund Services (Guernsey) Limited (Company Secretary) Matt Falla Devon Jenkins
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+44 (0) 20 3530 3107
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About Sequoia Economic Infrastructure Income Fund Limited
The Company is a Guernsey registered closed-ended investment company that seeks to provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments. The Company is advised by Sequoia Investment Management Company Limited.
LEI: 2138006OW12FQHJ6PX91