In QuotedData’s morning briefing 15 December 2023: Gresham House Energy Storage (GRID) has announced that, on 12 December 2023, the National Grid Electricity System Operator has successfully launched its new “open balancing platform” and “bulk dispatch optimiser ” and started using it to trade battery energy storage systems in the balancing mechanism. The grid’s inability […]
In QuotedData’s morning briefing for 11 December 2023: Syncona (SYNC) has provided an update on the clinical study of its portfolio company, Autolus Therapeutics. The results have indicated the strong safety profile of the drug and importantly show a durable response for patients. Taylor Maritime Investments (TMI) has released its half year results for the […]
In QuotedData’s morning briefing 4 December 2023: Gore Street Energy Storage Fund (GSF) has announced that its investment manager, Gore Street Capital, has been selected as the co-manager of Japan’s first dedicated fund for grid storage batteries, with the Tokyo Metropolitan Government as the cornerstone investor, contributing £10.6m to the fund. Sequoia Economic Infrastructure Income Fund […]
Downing Renewables and Infrastructure Trust (DORE) has released its operational update and NAV for the three months ending 30 September 2023. DORE’s NAV was £217.1m, or 118.7p per share for 30 September 2023, a 0.6% increase over the three months. A dividend of 1.345p per share was paid for the third quarter. DORE NAV movements […]
The board of Chrysalis (CHRY) has given an update on the trust’s investment management agreements, intending to maximise shareholder value. Following a consultation by Rothschild & Co Equity Markets Solutions the board has recommended several new adjustments to CHRY’s investment management agreements. However the board is of the belief that the current managers, Richard Watts […]
In QuotedData’s morning briefing 27 November 2023: JLEN Environmental Assets (JLEN) released its half year results for the period ending 30 September 2023. Its NAV decreased from 123.1p per share to 119.7p over the 6 months. JLEN reported a NAV total return of 1.4% over the period, with its overall portfolio valuation remaining flat at […]
QuotedData’s morning briefing for 24 November 2023 CT Private Equity Trust (CTPE) released its quarterly update for the three months ended 30 September 2023. CTPE reported a NAV per share of 696.3p, reflecting a total return of 3.3% for the quarter, as well as a share price total return of 0.4%. A quarterly dividend of […]
In QuotedData’s morning briefing 20 November 2023: Seraphim Space Investment Trust (SSIT) has released its Q1 update. Highlights include a further £4.1m, invested in two projects over the quarter. Portfolio value increased to £199.9m up £12.4m, due to a combination of additional investments, unrealised fair value net gains and an unrealised FX gain. The main […]
In QuotedData’s morning briefing 13 November 2023: Marwyn Value Investors (MVI) has announced that it has made a £7.8m investment into Zegona Communications, participating in a total equity placing of £262m. This equity raise was made as part of Zegona’s acquisition of Vodafone Holdings Europe, S.L.U. (“Vodafone Spain”) for €5.0bn, funded through a combination of […]
In the aftermath of its failed continuation vote, the board of Hipgnosis Songs Fund (SONG) has provided clarity around the status of its dividend. Having undertaken a review of the SONG’s financial position, the board has determined that it will not declare dividends before the new financial year. The operating cash flow will instead be […]
