The board of Leaf Clean Energy Company has announced the completion of the realisations of four of its investments: the biomass power plants Multitrade Telogia, LLC and Multitrade Rabun Gap, LLC, the landfill gas portfolio owned by Johnstown Regional Energy, LLC and the solar thermal power technology company SkyFuel. These transactions closed on 11 March, 31 March, 24 June, and 13 August, respectively. In addition, Leaf received a partial return of capital from its indirect investment in Energía Escalona I S.A. de C.V. during the period. The up-front aggregate cash proceeds received by Leaf from these transactions and the capital return were $8.4m and $0.5m, respectively. Leaf’s unaudited aggregate carrying value (on a comparable basis) at 31 December 2014 for the investments sold was $9.1m.
Leaf Clean Energy sells four investments