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AlphaReal update | November 2024

This update summarises the latest news, insights and thought leadership from AlphaReal.

News

  1. The Q324 UK Market Monitor looks at movements in the market this last quarter. On the second page we include a summary piece highlighting the benefits of a diversified approach to renewable infrastructure in the UK.
  2. AlphaReal hosted its annual Secure Income Seminar on 2 October 2024 at The Conduit in Covent Garden, where experts explored key themes across three panel discussions. The seminar was attended by delegates across DB, DC, LGPS, insurers, reinsurers and consultants.
  3. AlphaReal completed the construction of an onshore wind asset on repurposed land and agreed a Corporate Power Purchase Agreement with a leading European packaging company.
  4. AlphaReal secured its first 15-year Contract for Difference (CfD) contracts in Allocation Round 6 run by the UK Department of Energy Security.

Insights and thought leadership

  1. A paper on an unlevered approach to renewable infrastructure (specifically UK solar and onshore wind) discusses how this might be the most optimal route to access renewable infrastructure in the UK right now.
  2. Over the last two years or so there has been a seismic change in the UK pension scheme investment landscape. A paper on commercial ground rents looks at what type of pension schemes should be investing in this asset class.
  3. AlphaReal estimates that UK insurers have invested over £1.5 billion into Commercial Ground Rents over the last circa 18 months. Our paper looks at the characteristics that make this asset class attractive to insurers.

Awards

More News

UK Market Monitor Q3 2024

There was little change in nominal and real gilt yields over the quarter. The average reduction was c14 bps for the nominal yield curve, and c8 bps for the real yield curve.