In the half-year to 31 March, 2016, the net assets of Ecofin Water & Power rose by 1.8% and the NAV per Ordinary Share rose by 0.5%. At the same time, the price of an Ordinary Share fell by 0.7% and the discount to NAV at which Ordinary Shares traded widened from 18.3% to 19.3% […]
John Laing Environmental has announced the acquisition of Dungavel Wind Farm from John Laing Group for a cash consideration, including working capital, of GBP38.2 million. Dungavel Wind Farm is located in South Lanarkshire, South-West Scotland and comprises 13 Vestas 2MW V80 turbines with a total generating capacity of 26MW and is accredited for 0.9 ROCs. […]
BlackRock North American has published interim results covering the six months to the end of April 2016. Over the period the company produced an 8.0% net asset return per share (‘NAV’) compared with a return of 7.5% in the Russell 1000 Value Index. The Company’s share price return was 11.1% over the same period (all figures […]
Wolf Minerals reports that tungsten prices improved in Q2 16 with the ammonium paratungstate (APT) price reaching US$225/mtu in May, up from an average of US$172/mtu for the March quarter. APT is the main traded intermediary tungsten product on which tungsten concentrate prices are based. The company notes, however, that the price remains some US$160/mtu […]
Qannas has published account for the year ended 31 December 2015 – somewhat ancient history now. Briefly QIL has further committed to five deals: AED 2.9 million ($0.8 million) for the purchase of residential units in a building in Dubai Marina; GBP3.5m ($5 million) in a preferred equity investment in BL Development Limited, the company […]
New City Energy reports that, over the six months ended 31 March 2016, its net asset value in total return terms was slightly down at -1.0% (they say, as the portfolio was defensively positioned). The ordinary share price (total return) was down by 0.1%, ending the period at a discount of 28.1%. The chairman says, […]
Over the year to the end of March 2016, Alcentra Floating Rate Income Fund’s net asset value fell from 105.3p to 103.0p. In Euros the fall was more pronounced (€1.457 down to €1.303). The share price fell too – from 108.75p to 100.75p. The dividend for the year was 5.36p – up from 5.04p the […]
Lazard World Trust Fund announced two years ago that it intended to commence paying dividends, for the first time in the Fund’s history. The Fund was one of the few funds in the global growth sector which did not pay any dividend and a number of potential investors questioned why this was the case. While the […]
For the six month period ended 30 April 2016, BlackRock Income & Growth’s net asset value per share returned -2.8% and the share price returned -2.3%. By comparison, the FTSE All-Share Index was unchanged over the period. Since the period end and up to 27 June 2016, the Company’s NAV per share has fallen by […]
The Board of Schroder European Real Estate Investment Trust has announced the completion of the acquisition of two grocery anchored retail investments located in Rennes and Anglet (near Biarritz), France. The freehold properties are located in established retail parks which benefit from strong local catchments. The acquisition has been made in a joint venture with […]
