MIGO Opportunities has published results covering the 12 month period ended 30 April 2024. The NAV rose to 362.6p (2023: 328.6p), giving a total return of +11.3%. The share price ended the year at 346.0p, giving a total share price return of +9.6%. The company’s performance objective is to beat the return on SONIA plus […]
VH Global Sustainable Energy Opportunities is buying a portfolio of seven solar and two wind assets across Europe. The transaction will be completed in two phases. Once fully operational, the portfolio will have a total installed capacity of 248.4MW and will be expected to generate 489,900 MWh per year. The first phase of the investment […]
HICL has published an interim update statement, covering the period from 1 April 2024 to 24 July 2024. It says that it is on track to deliver its target 8.25p dividend for the year. The revolving credit facility (RCF) was repaid in May 2024 and the company began a £50m buyback programme. 7,050,000 shares have […]
In QuotedData’s morning briefing 25 July 2024: JPMorgan European Discovery (JEDT) has announced a timetable for the first of the tenders that were announced on 20 June. There will be a meeting on 2 September to approve the tender. Forms will need to be in by 3 September, the result of the tender will be […]
Baroness Sharon Bowles has secured the chance to present a private members’ bill – the Listed Investment Companies (Classification etc) Bill [HL] – in the ballot to chose the first 25 private members’ bills to be considered by the House of Lords in this new parliament. The introduction of the bill is scheduled for Thursday […]
The Apax X Fund (which Apax Global Alpha has a stake in) has announced the sale of its minority stake in AffiniPay. AffiniPay is a market leader in professional services software and payments serving legal, accounting, architectural, engineering and construction firms. The buyers are Genstar Capital and TA Associates (TA Associates has been a stakeholder […]
Octopus Renewables Infrastructure Trust has entered into a conditional agreement to sell its Ljungbyholm onshore wind farm in Sweden to a German institutional investor for total consideration of approximately €74m. The sale price is in line with the NAV as at 31 March 2024 and will realise an IRR of approximately 11% over the lifetime […]
In QuotedData’s morning briefing 18 July 2024: Odyssean Investment Trust (OIT) raised £11.4m from its placing and retail offer (the latter made through Winterflood’s WRAP platform). 6,542,159 new shares will be issued at 174p each (NAV plus 1%), 361,041 of those were to the retail offer. [This isn’t too bad in the current environment, although, […]
Gore Street Energy Storage’s results for the year ended 31 March 2024. Most of this was covered in its trading statement published on 21 May 2024. The year end NAV was 107p, down from 115.6p over the year. Adjustments for inflation and interest rates had an impact but the main influence on this was an […]
HG Capital says that it has agreed to sell a stake in team.blue to the Canada Pension Plan Investment Board. The deal vales team.blue at €4.8bn, making it one of the largest privately-owned technology companies in Europe. Hg describes team.blue as Europe’s leading digital enabler for entrepreneurs and small and medium sized businesses, serving 3.3m […]
