3i Infrastructure (3IN) says it has received a binding offer for its c.33% stake in Valorem, an independent European renewable energy developer and power producer, from funds managed by AIP Management P/S alongside other co-investors. 3IN says that, subject to acceptance of the binding offer, which will follow consultation with Valorem’s employee representative bodies, 3IN […]
CEIBA Investments (CBA) has published an update from its chairman, John A Herring, in which he says that, at its most recent board meeting, CBA’s board instructed the manager to enter into discussions with bondholders regarding the possibility of restructuring CBA’s €25m 10% convertible bonds due on 31 March 2026. CBA’s board wants to change […]
In QuotedData’s morning briefing 7 October 2024: Tufton Oceanic Assets (SHIP) says that “principals and staff of its investment manager”, Tufton Investment Management Ltd, acquired an additional 160,741 of SHIP’s ordinary shares on 30 September 2024. As at 30 June 2024, Tufton stakeholders owned 4.9% of the issued share capital in the company. Boussard & […]
Gulf Investment Fund (GIF) has published a circular and notice of extraordinary general meeting, proposing a vote on the members’ voluntary liquidation of the company, which follows GIF announcement on 9 September in relation to its tender offer that has triggered this continuation vote (if the tender had proceeded, it would have pushed the number […]
In QuotedData’s morning briefing 4 October 2024: Following Atrato Onsite Energy’s (ROOF’s) announcement yesterday that it has entered into a conditional agreement to sell its entire portfolio of solar assets (click here to see our coverage of that announcement), ROOF has published a circular and notice of general meeting at which it will seek the […]
JPMorgan Global Growth & Income (JGGI) has announced its annual results for the year to 30 June 2024. During the period, JGGI provided NAV and share price total returns of 28.0% and 28.8% respectively, which compared against a 20.1% total return for its benchmark, the MSCI AC World Index (all in sterling terms). JGGI says […]
CQS New City High Yield (NCYF) has published its annual results for the year ended 30 June 2024, showing a strong year of performance during which it provided an NAV total return of 19.07% and a share price total return of 22.73%. The dividend yield was 8.62%, based on dividends at an annualised rate of […]
Bluefield Solar Income Fund (BSIF) has published its annual results for the year ended 30 June 2024, during which it provided NAV and share price total returns of -0.83% and -4.67% respectively. The fall in the NAV reflected lower long term electricity prices and lower inflation expectations. Underlying earnings per share, pre-debt amortisation, were 15.51p […]
US Solar Fund (USF) has announced that, following the change in investment manager announced on 1 December 2023, its board and manager (Amber Infrastructure Investment Advisor, LLC), determined that the contracts to sell Renewable Energy Certificates (RECs) in relation to six of USF’s Oregon projects signed in November 2023, required termination [QD comment: there is […]
Keystone Positive Change (KPC) is proposing that it be wound up with shareholders offered a cash exit in full but, reflecting the board’s confidence in the long-term prospects for Baillie Gifford’s “Positive Change” strategy adopted by the company in early 2021, shareholders will also be offered the option to rollover into Baillie Gifford Positive Change […]
