In QuotedData’s morning briefing 6 October 2023: A recording of Triple Point Energy Transition’s (TENT’s) recent Capital Markets Event held on 28 September 2023 is now available online. Topics include: Overview of TENT; a deep dive on battery energy storage systems (BESS) and hydroelectric portfolios; asset optimisation and value creation levers; organic earnings growth; and […]
Separately, GCP Infrastructure (GCP) and GCP Asset Backed Income (GABI) have issued statements saying that a proposed combination of the two companies has been terminated. A significant shareholder consultation exercise was undertaken and both statements make reference to a divergence of views existing amongst shareholders of GABI as being the hurdle. GABI’s board has said […]
Henderson High Income (HHI) has published its interim results for the six months ended 30 June 2023 and, against what was a volatile period for financial markets, the trust provided a net asset value total return of 3.0%, outperforming its benchmark, which returned of 1.9%. HHI’s share price total return of 2.0% was marginally ahead […]
Atrato Onsite Energy (ROOF) has entered into a share purchase agreement to acquire a fully operational portfolio of rooftop solar PV assets with a total value of £77.3m. The 34MW portfolio, which is made up of solar PV systems situated on residential rooftops across the UK, benefits from feed-in-tariff (FIT) payments, payable directly to ROOF […]
In QuotedData’s morning briefing 13 September 2023: Primary Health Properties (PHP) has acquired Ireland’s first Enhanced Community Care (ECC) facility at Ballincollig, near Cork, for €29.64m. The property is fully let to the Health Service Executive on a 25-year lease and benefits from five yearly, compounded annually, Irish CPI indexed rent reviews. The government led […]
Round Hill Music Royalty (RHM) has announced that its board and that of Alchemy Copyrights, LLC, trading as Concord have reached agreement on the terms of a recommended cash offer at US$1.15 per RHM share, which values RHM’s share capital at approximately US$468.8m. On the basis of the closing price per RHM Share of US$0.69 […]
Ecofin US Renewables (RNEW) has announced that, given the wide discounts impacting RNEW and other alternatives investment trusts, and the unfavourable short-term prospects to raise new equity as a result, the board has decided to undertake a review of RNEW’s strategy, which will centre on a sale of the company’s assets. If a sale proceeds […]
After over 43 years in financial services, including 13 years as Manager of Henderson European Focus Trust (HEFT), veteran fund manager John Bennett (pictured) is retiring from the asset management industry and Janus Henderson Investors at the end of August 2024. In the meantime, John will continue to work closely with both co-fund manager, Tom […]
Triple Point Social Housing REIT (SOHO) has announced that it has completed on the sale of four specialised supported housing properties, for a total of £7,586,600, to a private UK real estate investment firm. The sale price reflects a gain of £663,136 (9.6%) against the total purchase price (excluding transaction costs) and is principally in […]
ThomasLloyd Energy Impact (TLEI) has announced a date for the second EGM requisitioned by the manager (which holds around 15% of the trust’s shares), which is to be held on Monday 25 September 2023 at 10.00 am (at the offices of Stephenson Harwood LLP, 1 Finsbury Circus, London EC2M 7SH). We have been following this […]
