Ecofin Global Utilities and Infrastructure (EGL) was launched in 2016 and has been managed since then by Jean Hugues De Lamaze. It was a rollover vehicle for Ecofin Water & Power Opportunities, a highly geared trust with a similar investment mandate that was set up in 2002. EGL invests in around 40 utility and infrastructure stocks, mostly in North America and Europe, but uses a much lower level of gearing than its predecessor. De Lamaze believes the sector represents an underappreciated growth story at the moment due to the ongoing transition to renewable energy and increased demand for p...
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