Smithson (SSON) has published its annual results for the year ended 31 December 2022. It is the company’s fourth set of annual results and the first in which it has reported a decline in NAV and while the drop is significant and SSON has underperformed its benchmark, it comes a against a backdrop of a […]
The need to decarbonise the global economy to address the myriad issues that are being created by climate change is now well understood. For this, a range of solutions is required but it is clear that for many economies, the UK included, renewables – primarily solar and wind but with smaller contributions from other technologies […]
NextEnergy Solar Fund (NESF) has today published information for investors regarding its proposed energy storage strategy. The document provides details on how NESF will take advantage of energy storage opportunities in the UK to complement and diversify its existing large portfolio of 99 solar assets. The report is comprehensive and so we would recommend readers […]
The Renewables Infrastructure Group (TRIG) has announced its annual results for the year ended 31 December 2022. The company’s chairman, Richard Morse, says that the results have been the strongest in TRIG’s history since its IPO and that this has been against a challenging macro-economic backdrop, demonstrating the inherent quality of the TRIG’s portfolio and […]
In QuotedData’s morning briefing 22 February 2023: The merger between Capital & Counties (CAPC) and Shaftesbury (SHB) has been cleared by the Competitions and Markets Authority (CMA). The merger is expected to complete on 6 March 2023. CAPC and SHB shareholders approved the merger at the respective shareholder meetings held on 29 July 2022. Primary […]
Polar Capital Global Financials (PCFT) has announced its annual results for the year ended 30 November 2022. During the period, PCFT provided a positive NAV total return of 1.9% although, reflecting a widening of its discount, it provided a share price total return of -7.6%. In comparison, the MSCI ACWI Financials provided a total return […]
Cordiant Digital Infrastructure’s (CORD’s) Polish portfolio company, Emitel SA has signed an agreement with Polish public broadcaster Telewizja Polska SA for an expansion of its channels’ transmissions through a new, sixth digital television multiplex (MUX-6). The agreement came into effect on 1 February 2023. Emitel has developed the new digital terrestrial television MUX-6 over the […]
In QuotedData’s morning briefing 21 February 2022: AT85 Global Mid-Market Infrastructure Income says that the timetable for its IPO is being extended. It says: “The company has received significant interest from a wide range of institutional and private wealth investors, notwithstanding the challenging market conditions. In particular, the company is in discussions with certain potential […]
Chrysalis Investments (CHRY) has agreed to purchase £20m of equity in Starling Bank via a secondary market transaction led by an existing, third-party shareholder in Starling. It has emerged that the seller of the stake is Jupiter, which sold the 6% stake in Starling held by its open-ended fund (mainly by its £1bn Jupiter UK […]
In QuotedData’s morning briefing 8 February 2022: Civitas Social Housing (CSH) reported a fall in NAV of 3.4% to 110.93p per share in the quarter to 31 December 2022. This was due to an 18 basis points (0.18%) outward shift in the net initial yield of its portfolio and the effects of the mark-to-market valuations of the company’s financial swaps and […]
