In QuotedData’s morning briefing 14 July 2023: Dunedin Income Growth (DIG) has renewed its £30m multi-currency revolving credit facility with Bank of Nova Scotia London Branch, which will now expire on 11 July 2024. Under the terms of the facility, DIG also has the option to increase the level of the commitment from £30m to £40m at […]
As I write this, the outlook for the UK equity market looks particularly depressed. As I discussed in my QD view “Bargain Britain” two weeks ago (click here to read), inflation in the UK has remained stubbornly high, which was somewhat of a surprise to many commentators who had expected to see signs of this […]
Fondul Proprietatea (FP.) has announced that, based on the preliminary data held by AIFM (Franklin Templeton International Services S.À R.L.), there is a high probability that the next reported NAV will be at least 5% lower than the most recent NAV as of 31 May 2023 (which was published by the fund on 15 June […]
In QuotedData’s morning briefing 7 July 2023: GCP Asset Backed Income (GABI) has extended its £50m revolving credit facility (RCF), with Royal Bank of Scotland International Limited, that was due to mature in August 2023, by 12-months to August 2024. The terms are the same as for the previous facility. The current drawn balance on […]
abrdn Private Equity Opportunities (APEO) has announced its interim results for the six months ended 31 March 2023. Key highlights from the results announcement are as follows: Performance – NAV total return (NAV TR) for the six months to 31 March 2023 was 3.0%. The valuation of the underlying portfolio increased by 5.4% during the […]
SDCL Energy Efficiency Income (SEIT) has announced its annual results for the year ended 31 March 2023. Key highlights from the report are as follows: Net Asset Value (NAV) per share of 101.5p as at 31 March 2023 (31 March 2022: 108.4p), which includes a reduction of 7.3p from 70bps increase in weighted average unlevered […]
In QuotedData’s morning briefing 28 June 2023: Atrato Onsite Energy (ROOF) has signed a power purchase agreement (PPA) to sell the electricity generated by Project Skeeby, a 50MW solar PV project in Richmond, North Yorkshire. As announced in April, Skeeby is a recent acquisition and is currently under installation, with an expected energisation date of […]
There’s been a surprising amount going on in markets this week, what with UK inflation, which many commentators have been suggesting is rolling over, remaining stubbornly high at 8.7% over the year to end of May 2023. This was unchanged from the previous month and was higher than had been expected, in view of energy […]
Fondul Proprietatea has announced that The Romanian Financial Supervisory Authority (FSA) has approved the publication of a prospectus in relation to initial public offering (IPO) by the Fund of Hidroelectrica’s existing ordinary shares. Hidroelectrica has applied for admission to listing and trading of its shares on the regulated market of the Bucharest Stock Exchange (BSE). […]
In a very unusual move, Princess Private Equity (PEY) has announced that two of its directors, Steve Le Page and Felix Haldner, have decided to withdraw their nominations for the company’s AGM, which is scheduled for today. PEY has not provided any explanation for the sudden development, which will almost certainly lead to speculation as […]