Guinness Asset Management Launches Guinness EIS 4 to Invest in UK Sustainable Energy Companies

Guinness Asset Management Launches Guinness EIS 4 to Invest in UK Sustainable Energy Companies PR Newswire LONDON, October 9, 2012 LONDON, October 9, 2012 /PRNewswire/ -- Guinness Asset Management announces that Guinness EIS 4 is now open for investment. This is a discretionary managed service that will invest in UK Sustainable Energy companies through the tax-efficient EIS structure. Sustainable Energy Guinness EIS 4 is targeting attractive risk-weighted returns by making investments in Sustainable Energy companies which have predictable revenues, low technology risk and low correlation with other asset classes. We have identified investment opportunities in renewable energy and energy efficiency companies which have these investment characteristics. Renewable energy investment opportunities include solar photovoltaic and biomass projects, while energy efficiency projects focus on reducing energy costs in office and commercial buildings. We aim to deliver returns in excess of £1.50 to investors (including £0.30 EIS Income Tax Relief) net of all fees per £1.00 invested. Strong team Guinness EIS 4 will be managed by Shane Gallwey, Tom Hill-Norton and Edward Guinness who bring extensive private equity and renewable energy experience and have raised and invested Guinness' existing EIS offerings. They are supported by an Investment Committee that complements the team with the experience of Tim Guinness, Andrew Martin Smith and Lord Flight, Chairman of the EIS Association.