Amati AIM IHT Portfolio Service on Renew Holdings PLC
Thesis
Renew provides engineering support services in the UK. The company is a key supplier to rail, water and highways infrastructure. The fund sees structural demand because all three areas require urgent investment. This infrastructure requirement provides the central support for the investment case described in the factsheet.
“the group is a key supplier to the UK’s rail, water and highways infrastructure which all require urgent investment.”
Key risks
- High UK government debt and limited fiscal flexibility could constrain infrastructure investment