In QuotedData’s morning briefing 14 October 2020 –
- Gresham House Energy Storage (GRID) announced that it has raised approximately £15.0m through the issuance of a mixture of short-term and medium-term secured power bonds. The majority of the proceeds will be used to acquire an operating asset which is in the final stages of due diligence with an agreement expected to be concluded during the fourth quarter. GRID notes that the addition of the project should be accretive to its cash flow and NAV per share.
- Triple Point Energy Efficiency Infrastructure raised £100m in its IPO. Trading in the new shares will begin on Monday 19 October and the ticker will be TEEC.
We also have another catalogue deal from Hipgnosis Songs, annual results from Fidelity Asian Values, and interim results from Invesco Perpetual UK Smaller Companies.