Greencoat invests in Humber Gateway – Greencoat UK Wind has agreed to acquire a 49% stake in the Humber Gateway offshore wind farm from RWE, in partnership with a number of pension funds investing through a fund also managed by Greencoat Capital. Greencoat UK Wind will acquire a net 38% stake in the wind farm for […]
In QuotedData’s morning briefing 23 November 2020: US Solar Fund says that all 41 projects in its portfolio, totaling 443MWDC, are now fully operating and generating revenue. The final project, the 128MWDC Milford plant in Utah, reached the commercial operations date under its power purchase agreement (PPA) on 19 November, on-time and under-budget – saving $4m […]
QuotedData’s weekly news show 20 November 2020 Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on youtube. In this week’s show, James Carthew covered the week’s top stories: BlackRock Throgmorton’s fundraise Montanaro European’s excellent results UK Mortgage’s plan for the future Watch it again here We’ll be […]
Over the next few weeks, QuotedData is hosting a series of webinars focused on ESG – environmental, social and governance – aspects of investing that are increasingly important to investors. The first of these, on 24 November, will look at the ‘E’ in ESG. The main thrust of the debate around tackling the environmental issues […]
Syncona founds Purespring Therapeutics with a £45.0 million Series A financing commitment. Syncona will have an 84% stake in the business. Purespring Therapeutics is one of the first AAV gene therapy companies focused on the kidney. It has been founded around the work of Professor Moin Saleem, Professor of Paediatric Renal Medicine at the University of Bristol, […]
Hg invests in Septeo – Hg has announced an investment in The Septeo Group, a European leader in LegalTech. Hg will invest alongside founders Philippe Rivière, Jean-Luc Boixel, Hugues Galambrun and the management team, which will continue to be led by Hugues Galambrun. The terms of the transaction were not disclosed and closing of the transaction […]
In QuotedData’s morning briefing 19 November 2020: International Biotechnology reports that an uplift in the value of its stake in SV Fund VI has added $4.8m (£4.0m) or 9.1p per share to its NAV. Octopus Renewables Infrastructure Trust has secured a committed £150m revolving credit facility (RCF) from a group of five lenders. The RCF, provided […]
Perpetual/Murray merger complete – Murray Income Trust will acquire approximately £427m of net assets from Perpetual Income & Growth Investment Trust in consideration for the issue of 50,936,074 new shares in Murray Income, as the merger of the two trusts completes. The number of new shares to be issued was calculated based on a formula asset […]
BlackRock Throgmorton Trust plans £22m placing – following on from the announcement on 12 November, the board of BlackRock Throgmorton Trust says that it proposes to raise additional equity capital through the issue of up to 3,307,686 new ordinary shares. The shares will be placed by Stifel Nicolaus Europe (the company’s broker) with mainly institutional shareholders (qualified […]
In QuotedData’s morning briefing 17 November 2020: BBGI Global Infrastructure has announced a placing of up to £55m worth of shares at a price between 164p and 172p. the money wil be used to help pay for a 25% stake in Signature on the Saint-Lawrence Group, the operator of the Samuel De Champlain Bridge Corridor in Montreal, […]
