US Solar refinances legacy loans in Heelstone Portfolio – US Solar Fund has refinanced the existing debt facilities associated with its Heelstone Portfolio – a portfolio of 22 projects acquired in 2020. The refinancing transaction required approximately $92m of the $132m recently raised by the company, while a new debt facility will be provided by […]
Gresham House Strategic announces strategic review as chair retires – The board of Gresham House Strategic has announced it will conduct a strategic review on the existing strategy against other strategies available, in order to determine the best method of providing growth in value for shareholders. The review, which will consider the continuing role of […]
In QuotedData’s morning briefing – 24 May 2021: Graham Kitchen, non-executive director and chairman of the board and nomination committee for Invesco Select, has decided to step down from 31 May. He will be succeeded as chair by Victoria Muir, who joined the board in 2015. Electra Private Equity has issued 690,566 new ordinary shares […]
Securities Trust of Scotland reports on ‘eventful year’ with significant gains – Securities Trust of Scotland has announced its results for the year ended 31 March 2021, in which the net asset value total return was 28.5%, a significant increase on the previous year’s 8.3%. The share price total return also rose from 2.7% to […]
Lindsell Train Investment Trust optimistic on drinks sector recovery – Nick Train, manager of the Lindsell Train Investment Trust, has shared a portfolio update highlighting the impact the coronavirus pandemic has had on the performance of his beverage holdings, but that a recovery may well be underway now as the global economy starts reopening. Of […]
City Merchants High Yield to acquire £130m from Invesco Enhanced Income – The board of City Merchants High Yield has announced it will acquire approximately £130.2m of net assets from Invesco Enhanced Income in relation to the merger of the two trusts, announced earlier this year. 66,836,392 are to be issued, which was calculated on […]
In QuotedData’s morning briefing 20 May 2021: Fidelity Asian Values has announced that Kate Bolsover has been appointed as a non-executive director and senior independent director of City Merchants High Income. JPMorgan China Growth & Income has issued a further 50,000 ordinary shares for cash at 836 pence per share under its ordinary share block listing […]
Gore Street Energy Storage acquires new project in Milton Keynes – Gore Street Energy Storage has announced the acquisition of an 80MW construction ready energy storage project in Milton Keynes, with an estimated total capital expenditure of £30m spread over the next 12 to 15 months. It has been acquired from leading renewable energy company RES. […]
Scottish Mortgage enjoys strongest returns in its history – Scottish Mortgage has announced preliminary results for the year ended 31 March 2021. The net asset value total return rose by 111.20%, significantly outperforming the 39.6% return from its FTSE All World benchmark. The share price rose by 99%, compared to a Global sector average return […]
In QuotedData’s morning briefing 13 May 2021: Hipgnosis Songs Fund has announced the acquisition of a music catalogue from award-winning producer, Andy Wallace, who has collaborated with Nirvana, Paul McCartney, Coldplay, Foo Fighters and many more. The catalogue contains 17,242 songs which brought in a revenue of $874,000 in 2020 alone. JLEN Environmental Assets Group has […]
Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.
Due to data protection policies, USA residents can not access our data.
Your content has been curated