High Interest Rates: Escalating interest rates globally, driven by inflation and central bank policies, increase the cost of debt financing for new renewable energy projects and existing project refinancing, potentially squeezing margins and impacting asset valuations for infrastructure companies like TRIG.

Energy Price Volatility (Oil & Gas): While TRIG invests in renewables, the broader energy market, particularly high oil and gas prices due to geopolitical conflicts (Middle East Conflict Escalates, Driving Oil Prices to Four-Year Highs), can influence the perceived competitiveness of renewable energy and the overall investment landscape for energy infrastructure.

Inflationary Pressures: Elevated inflation, as seen in the Eurozone (Eurozone March Inflation Jumps Amid Energy Price Surge) and potentially globally, can increase the operational and construction costs for renewable infrastructure projects, affecting project economics and ultimately the profitability of TRIG's investments.