Edison Releases Report on Premier Miton Global Renewables Trust

On September 18, 2025, Edison Investment Research issued a report regarding Premier Miton Global Renewables Trust (PMGR). The trust's board proposed a reconstruction scheme under section 110 of the Insolvency Act 1986, leading to a voluntary winding up of PMGR. This move aligns with previous management commentary during H125 results, as discussed in Edison's earlier notes.

Under this scheme, PMGR shareholders can roll over their investment into Sterling class B Income shares in Premier Miton Global Infrastructure Income Fund (GIIF), an FCA-authorised open-ended investment company valued at approximately £70 million, or opt for an uncapped cash exit at net asset value, accounting for PMGR's costs not already reflected in the NAV. The default option will be the roll-over into GIIF.