Schroder AsiaPacific Fund (SDP) has announced the appointment of Rupert Hogg as an independent non-executive director of the company, with effect from 1 May 2023. Mr Hogg will also be a member of the audit and risk, nomination and management engagement committees. Aquila European Renewables (AERI) announced that Guillena, a 50 MWp solar PV asset […]
Mercantile Investment Trust announced its annual results for the year ended January 31 2023. NAV fell 8.5% for the year, while shares fell 12.6% for a total return of -11.0%, trailing the UK medium and smaller companies benchmark which fell 7.5%. There was some notable improvement in the second half of the year, however, with […]
HydrogenOne (HGEN) announced results for the year ended December 31 2022. NAV growth was strong, up 21.9% year on year, however, this was offset by a 33.6% drop in the share price. While the underlying health of the company has remained solid, the discount has continued to widen, falling to around 50% at the last […]
Castelnau Group (CGL) announced its results for the 12-month period ending December 31 2022, concluding its first full year as a listed company. The NAV total return for the year was -19.81%, and the share price return was -34.6%, versus the benchmark FTSE All Share Total Return Index of +0.3%, a -20.1% relative underperformance of […]
NextEnergy Solar Fund (NESF), the specialist solar fund, announced that its second international solar co-investment named Santarém, a 210MW project in Portugal in which NESF holds a 13% stake, has signed a long-term Power Purchase Agreement with Statkraft, a leading renewable producer in Europe’s energy market. Under the agreement, Statkraft will acquire electricity production from […]
Digital 9 infrastructure (DGI9) issued a statement regarding its share price. The board and the investment manager confirmed that they are not aware of any portfolio-specific factors that have led to the recent decline in the share price. The board believes that the discount to NAV at which the company’s share price currently trades materially […]
Digital 9 Infrastructure (DGI9) is a good example of a fund which has been caught up in the global market rotation despite impressive underlying fundamentals and long-term thematic tailwinds. At its heart, the company offers targeted exposure to digital infrastructure, which leverages cleaner, greener power. This provides the foundation for the rapidly accelerating digital transition, […]
The directors of HydrogenOne, the first London-listed fund investing in clean hydrogen for a positive environmental impact, continue to monitor wider market events including the current share price volatility in the market price of its shares. The board is not aware of company-specific factors that have led to the recent decline in the share price. […]
Global Opportunities Trust sees solid returns through 2022. Company NAV grew 15.8% for the year ended 31 December while shares grew 7.9%, a solid return given the volatility in global markets. The positive returns appear to have narrowed the company’s discount which now sits at around 12%. This also marked the first full year for […]
Menhaden Resource Efficiency announced its results for the year ended 2022. The numbers do not make for great reading with NAV down 16.5% while shares fell 20.3%, offsetting their solid performance from the previous year. The discount fell steadily throughout the year, falling as low as 36% at one point. It has improved slightly from […]
