[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-159776-105":59,"doc-detail-159776-en":131},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":124,"head_meta":126,"extra_data":128,"updated_unix":130},105,"en","sdcl-efficiency-income-trust-plc-interim-report-for-the-six-months-ended-30-september-2025","SDCL Efficiency Income Trust plc - Interim Report for the six months ended 30 September 2025","","SDCL Efficiency Income Trust plc (SEIT) presents its interim results for the six months ended 30 September 2025, detailing the company’s closed-ended investment focus on energy efficiency and its sustainable objective of climate change mitigation. The report outlines the investment structure via SEEIT Holdco, explains portfolio exposure across North America, Europe, the UK, and Asia, and emphasizes contracted cash flows from long-term project arrangements. It also covers performance, financial review and valuation updates, diversification, and an ESG summary, followed by governance and condensed financial statements including an independent review.",{"@graph":69,"@context":123},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/sdcl-efficiency-income-trust-plc-interim-report-for-the-six-months-ended-30-september-2025/159776/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/sdcl-efficiency-income-trust-plc-interim-report-for-the-six-months-ended-30-september-2025/159776.png","ImageObject",300,407,{"name":92,"@type":93},"Ophelia","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-11-04","2026-08-29",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",17,{"@type":107,"mainEntity":108},"FAQPage",[109,115,119],{"name":110,"@type":111,"acceptedAnswer":112},"What is SEIT’s investment objective in this interim report?","Question",{"text":113,"@type":114},"SEIT aims to generate an attractive total return for investors through stable dividend income and capital preservation, with the opportunity for capital growth.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"How does SEIT structure its investments?",{"text":118,"@type":114},"SEIT invests via its sole direct subsidiary and main vehicle, SEEIT Holdco Limited (Holdco), where the portfolio is held and managed at Holdco level.",{"name":120,"@type":111,"acceptedAnswer":121},"Which regions and asset types are included in SEIT’s portfolio?",{"text":122,"@type":114},"The portfolio includes investments across North America, Europe, the UK, and Asia, covering projects in buildings, industrial facilities, and transport assets.","https://schema.org",{"og:url":83,"og:type":125,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":127,"canonical":83},"index,follow",{"doc_id":129,"site_id":62},159776,1788022842,{"code":4,"msg":5,"data":132},{"doc_id":129,"user_id":133,"nickname":92,"user_avatar":134,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":135,"file_id":136,"file_url":137,"file_type":138,"file_size":139,"view_count":105,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":140,"language":141,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":142,"faqs":143,"seo_title":144,"seo_description":67,"update_tm":130,"read_time":145,"preview_page_count":4},7971461741311,"https://ap-avatar.wpscdn.com/avatar/74000253aff267980c6?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779345379180704826","SDCL Efficiency Income Trust plc  \nUnlocking the world’s most valuable energy resource: Efficiency  \nInterim Report for the six months ended 30 September 2025  \nAbout  \nCompany Structure  \nSDCL Efficiency Income Trust plc (the“Company” or “SEIT”, formerly known as SDCL Energy Efficiency Income Trust plc or SEEIT) is a FTSE 250 company focused exclusively on energy efficiency.  \nThe Company is a closed-ended investment company incorporated in England and Wales that was admitted to the Official List and to trading on the London Stock Exchange’s Main Market on 11 December 2018, with the objective to generate an attractive total return for investors, comprising stable dividend income and capital preservation, with the opportunity for capital growth. SEIT is an Article 9 Fund under the EU’s Sustainable Finance Disclosure Regulation (“SFDR”), with the sustainable investment objective of climate change mitigation through investments in energy efficiency projects.  \nThe Company has been established to provide shareholders with access to investment into energy efficiency infrastructure investments and has a current portfolio comprising investments in projects across North America, Europe, the UK and Asia.  \nThe Company has an independent Board of Directors and has appointed Sustainable Development Capital LLP as Investment Manager (“SDCL” or the “Investment Manager”) to manage the portfolio of investments on its behalf.  \nIt should be noted that when referring to“investments” made by the Company, the Company makes its investments via its sole direct subsidiary and main investment vehicle, SEEIT Holdco Limited (“SEEIT Holdco”or “Holdco”), and the investment portfolio is held at Holdco level. The Company holds no other investments.  \nReferences to “portfolio basisAPM” includes the impact if SEEIT Holdco were to be consolidated. The revolving credit facility (“RCF”) referred to in this document is held at Holdco level and the Company itself does not hold any external debt.  \nThe Investment Manager controls the actions of Holdco, and its direct and indirect subsidiaries manage the existing investments that Holdco has directly or indirectly invested in. Holdco typically invests in project companies, which provide energy efficiency solutions to counterparties through long-term contracts with a fixed lifespan. A project company, and by implication the portfolio of investments as a whole, may have a limited lifetime over which it provides target returns to Holdco and ultimately the Company. These project companies are structured so that they can be sold in an active secondary market for energy efficiency assets, although each of the investments will also have been assessed individually to ensure appropriate alternative exit strategies are in place.  \nSEIT Board  \nSEEIT Holdco  \nProject companies  \n(includes debt investments)  \nProject companies  \nProject companies  \nProject companies  \nCorporate investments  \n1 SEIT Interim Report 2025 | SDCL Efficiency Income Trust plc  \nContents  \nIntroduction  \n\n| Purpose | 1 |  |\n| --- | --- | --- |\n| Highlights of the six months to 30 September 2025 | 2 |  |\n| Why Invest? | 3 |  |\n| Chair’s Statement | 4 |  |\n| Investment Manager’s Report |  |  |\n| The Team |  | 7 |\n| Investment Manager:\u003Cbr>Markets and Outlook |  | 8 |\n| Investment Manager:\u003Cbr>Consolidation for Growth |  | 10 |\n| Portfolio Performance |  | 12 |\n| Financial Review and Valuation Update |  | 15 |\n| Portfolio Diversification |  | 21 |\n| Environmental, Social and Governance (“ESG”) Summary |  | 22 |\n\nGovernance  \n\n| Statement of\u003Cbr>Directors’ Responsibilities 23 |  |\n| --- | --- |\n| Financial Statements |  |\n| Independent Review Report | 25 |\n| Condensed Statement of Comprehensive Income | 26 |\n| Condensed Statement of\u003Cbr>Financial Position | 27 |\n| Condensed Statement of Changes in Shareholders’ Equity | 28 |\n| Condensed Statement of Cash Flows | 29 |\n| Notes to the Condensed Financial Statements | 30 |\n| Additional Information |  |\n| Company","cbCaijaAjHNWQWI5","https://ap.wps.com/l/cbCaijaAjHNWQWI5","pdf",5461029,52,"English","# Introduction\n## Purpose\n## Why is energy efficiency so important?\n# Governance\n## Statement of Directors’ Responsibilities\n## Financial Statements\n## Independent Review Report\n## Additional Information\n## Company Information\n## Key Company Data\n## Glossary\n## Glossary of Financial Alternative Performance Measures (APMs)","[{\"question\":\"What is SEIT’s investment objective in this interim report?\",\"answer\":\"SEIT aims to generate an attractive total return for investors through stable dividend income and capital preservation, with the opportunity for capital growth.\"},{\"question\":\"How does SEIT structure its investments?\",\"answer\":\"SEIT invests via its sole direct subsidiary and main vehicle, SEEIT Holdco Limited (Holdco), where the portfolio is held and managed at Holdco level.\"},{\"question\":\"Which regions and asset types are included in SEIT’s portfolio?\",\"answer\":\"The portfolio includes investments across North America, Europe, the UK, and Asia, covering projects in buildings, industrial facilities, and transport assets.\"}]","SDCL Efficiency Income Trust plc - Interim Report for the six months ended 30 September 2025 | PDF",131]