In QuotedData’s morning briefing 31 July 2023: RM Infrastructure Income (RMII) says that, since its last update on 10 July 2023, the board has received an additional [merger] proposal under s110 of the Insolvency Act 1986 which is under consideration alongside one other proposal highlighted in the 10 July 2023 announcement, however at this time […]
MIGO Opportunities Trust has appointed Asset Value Investors Limited (AVI) to become its AIFM and investment manager. It will continue to implement MIGO’s existing investment objective and policy. The decision follows detailed shareholder engagement and a rigorous selection process, as part of the board’s manager review announced in March. AVI is an experienced manager of […]
Taylor Maritime (TMI) results are out for the 12 months ended 31 March 2023. The company’s NAV return was 4.7%. Some highlights: Dividends of 10.97 cents were declared in the year ended 31 March 2023 (31 March 2022: 3.50 cents). In addition, the company declared an interim dividend on 27 April 2023 of 2 cents […]
Ecofin US Renewables (RNEW) confirms that following the 21 June 2023 tornado in Matador, Texas, its 59.8MW Whirlwind Energy wind farm in Floydada, Texas, remains temporarily offline. As previously communicated, the tornado left the Whirlwind asset itself unharmed and affected only five project-owned transmission poles at the far end of Whirlwind’s transmission line along with the […]
In QuotedData’s morning briefing 27 July 2023: AVI Global Trust (AGT) has completed an agreement to issue JPY4.5bn (£25m) of fixed rate unsecured debt, for a term of ten years. The annual interest rate on the debt is 1.44%. The company is about 4% geared currently. Greencoat UK Wind’s (UKW) NAV dropped from 167.1p to […]
NextEnergy Solar has today published its latest sustainability and ESG report, which you can read here. This report builds on NESF’s first sustainability and ESG report published in 2022 and illustrates the breadth and depth of actions that the company has taken across the three pillars that comprise its approach to sustainability and ESG – […]
TwentyFour Income Fund, which invests in securitised debt has decided to update investors on its views of mortgage markets. It says that it wants to provide more information about the risk that it has exposure to, and what mortgage lenders can do to help support borrowers if needed. TwentyFour Income predominantly invests in debt securities […]
Nomadia, a leading European SaaS provider of smart mobility solutions, announced that it has secured a majority investment from Hg. As part of this transaction, the Nomadia management team and former majority owners will continue as investors in the business. Headquartered in France, Nomadia’s mobile applications and SaaS solutions enable companies to plan and optimise […]
In QuotedData’s morning briefing 20 July 2023: Bellevue Healthcare (BBH) is operating an annual redemption facility as usual this year. However, to be eligible to take part in November/December, you must be holding shares at 2 September 2023. This is to give the company the chance to get the paperwork done for what it fears […]
Riverstone Credit Opportunities Income has announced a successful amendment and extension of its investment in Streamline Innovations, a leader in environmentally-advanced treatment solutions for the removal of hydrogen sulfide (H2S) from energy, renewable fuels, wastewater, and industrial processes. The company realised about $2.0m of profits at closing of the amendment and extension resulting in a […]
