Aquila buys second Danish wind farm – Aquila European Renewables Income Fund has announced its second acquisition in Denmark and fifth across Europe. The company has acquired 100% of the shares in Svindbaek Vindkraft HoldCo ApS for a total consideration of EUR 25.3m. Svindbaek is an onshore wind farm located on the west coast of Denmark […]
Oakley Capital sells WebPros to CVC – Oakley Capital Investments has agreed the sale of WebPros to CVC Fund VII. Oakley’s share of proceeds is approximately GBP110 million – a 92% premium to the 30 June 2019 interim carrying value. The sale results in an uplift of 26 pence per share in the NAV, an […]
Hipgnosis buys Jack Antonoff catalogue – Jack Antonoff is lead singer of Bleachers, founding member of Grammy Award winning band Fun. and a songwriter and producer who has collaborated with Taylor Swift, Lana Del Ray, Lorde, Pink, St Vincent and many others. Jack will maintain an interest in the catalogue and work closely with Hipgnosis in […]
Majedie results make grim reading – Over the year ended 30 September 2019, Majedie Investments’s NAV total return was -9.9%. Shareholders fared a bit better than this, with a -3.5% return but both numbers look fairly bad against returns for the All Share and MSCI World of +2.7% and +7.3% respectively. The dividend was upped […]
Henderson European Focus to increase focus – In its results, released yesterday evening, Henderson European Focus Trust said it had lagged its benchmark a little over the year to the end of September 2019. It returned 4.3% in NAV terms against a 6.4% return for its benchmark. Shareholders saw a return of 3.1% as the […]
Hipgnosis buys Kaiser Chiefs catalogue – Hipgnosis Songs Fund has acquired a music catalogue by the English indie band, the Kaiser Chiefs from B-Unique. The Kaiser Chiefs’ 2005 debut album ‘Employment’, which won the Ivor Novello Award for “Best Album”, is certified 6x platinum in the UK and includes the platinum certified ‘I Predict a Riot‘, […]
In QuotedData’s other news 10 December 2019 Greencoat Renewables raised €125m in an oversubscribed placing of new shares. 110,619,469 shares to be issued at €1.13. The money will be used to pay down debt and buy additional assets. We also have stories on a German offshore wind acquisition by The Renewables Infrastructure Group, SEGRO selling a […]
Renewables Infrastructure buys German offshore wind farm – The Renewables Infrastructure Group (TRIG) has exchanged contracts to acquire a c.36% equity interest in Merkur Offshore, a 396MW operational offshore wind farm located in the German North Sea. TRIG has partnered for the acquisition with the Dutch pension investor APG, who will acquire the remaining c.64%. At, […]
Octopus Renewables raises whopping £350m – Octopus Renewables Infrastructure Trust – a new renewable energy fund targeting onshore wind and solar assets in the UK, Europe and Australia, has smashed through its £250m fundraising target in its IPO and raised a whopping £350m. As such it looks likely to take the crown for the largest […]
In QuotedData’s other news 6 December 2019 Sanditon’s liquidation vote passed yesterday Baring Emerging Europe beat its benchmark for the year ended 30 September 2019, returning 17.8% against 15.9% for the index. The dividend was increased by a penny to 35p. Returns were driven by a strong stockmarket in Russia. Duke Royalty has awarded three […]
