DUET owns and operates energy utility assets in OECD countries with strong competitive positions which offer predictable cash flows.
DUET intends to accumulate a portfolio of energy utility assets diversified by geography, operator, energy source and regulatory regime.
DUET will seek to acquire significant shareholdings in those assets so as to provide DUET with a level of influence over the key strategic, operating and commercial decisions affecting its investments.
DUET will seek to achieve these investment objectives by targeting energy utility businesses which:
have established historical or contracted volume levels;
are governed by regulatory regimes or have long term supply agreements; and
are operated by capable operators able to manage risks and improve operating efficiencies.