News

17 Jan 2025
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QuotedData’s morning briefing 17 January 2025 – ENRG, FGEN, MTU, BOOK

In QuotedData’s morning briefing 17 January 2025: VH Global Energy Infrastructure (ENRG) has energised two additional solar distributed generation (DG) sites in Brazil, bringing its total operational solar DG projects in the country to 12, with a capacity of 34.3MWdc. ENRG expects a third solar site to be energised in the first quarter of 2025, […]

17 Jan 2025

HydrogenOne’s Elcogen secures investment from SmartCap

HydrogenOne Capital Growth’s (HGEN’s) portfolio company, Elcogen Plc, a leading European manufacturer of solid oxide technology that enables the delivery of efficient, affordable green hydrogen and emission-free electricity, has announced that it has secured a €5m investment from SmartCap, an Estonian state-owned venture capital fund supporting Estonian ‘greentech’ companies. HGEN says that SmartCap’s investment will […]

13 Jan 2025

Keystone Positive Change presses pause on capital return pending Saba vote

Keystone Positive Change (KPC) has announced that it intends to open and immediately adjourn general meeting scheduled for 27 January 2025, that was meant to allow shareholders to vote approve a scheme of reconstruction that offers shareholders an uncapped cash exit in February 2025 and/or the option of a rollover into a more liquid fund […]

13 Jan 2025

Sale of Calpine adds 3p to Pantheon Infrastructure’s NAV

A sale of Calpine – a portfolio company of Pantheon Infrastructure (PINT) – has been agreed between Energy Capital Partners (ECP) and Constellation Energy, for a combination of cash (c.25%) and Constellation stock (c.75%), which will be subject to certain lock-up restrictions. The transaction, which will create the largest clean energy company in the US, […]

13 Jan 2025

QuotedData’s morning briefing 13 January 2025 – CRS, CORD, ESP, SERE, GPE, RESI

In QuotedData’s morning briefing 13 January 2025: AIM-listed Crystal Amber (CRS) has announced that the board of Morphic Medical Inc. has approved the conversion of its entire interest in convertible loan notes in Morphic, totalling US$25.4m and accrued interest of US$3.0m, into 194,358,367 common shares in Morphic. CRS says that these new common shares will […]

10 Jan 2025

Majority of Chrysalis’s portfolio continues to perform strongly

Chrysalis (CHRY) has announced its annual results for the year ended 30 September 2024, during which its NAV increased by 4.9% to 141.26p per share, while its share price increased by 50.0% to 93.30p per share, although this was still at a substantial discount to NAV of 34% – down from 54% as at the […]

10 Jan 2025

QuotedData’s morning briefing 10 January 2025 – CYN, MINI, RTW

In QuotedData’s morning briefing 10 January 2025: Following the release of a circular on 7 January 2025 in relation to the requisition by Saba Capital, CQS Natural Resources Growth and Income (CYN) is providing a live presentation on the recent requisitioned resolutions that will feature its chair, Christopher Casey, and co-fund managers Robert Crayfourd and […]

06 Jan 2025

Edinburgh Worldwide – vote against Saba’s “backdoor attempt to seize control of the trust”

Following its announcement on Friday in which it questioned the validity of a requisition request that it had received from Saba Capital (click here to see our coverage of that), Edinburgh Worldwide (EWI) has confirmed that it has now received a valid requisition notice on behalf of Saba Capital Management, LP. Saba is seeking a […]

06 Jan 2025

Keystone Positive Change “appalled by Saba’s actions and conduct”

Following the receipt of a requisition request from Saba Capital Management, L.P. (click here to see our original coverage of this) Keystone Positive Change (KPC) has published a notice for the requisitioned general meeting alongside a unanimous board recommendation to vote against all of the requisitioned resolutions. As is explained more fully below, KPC’s chair, […]

06 Jan 2025

Baillie Gifford US Growth urges shareholders to VOTE AGAINST Saba’s “self-serving and destructive changes”

Following the receipt of a requisition request from Saba Capital Management, L.P. (click here to see our original coverage of this) Baillie Gifford US Growth (USA) has published a notice for the requisitioned general meeting alongside a unanimous board recommendation to vote against all of the requisitioned resolutions, which USA describes as being proposals “to […]