In QuotedData’s morning briefing 18 January 2023: BH Macro (BHMG/BHMU) has announced that it is contemplating an equity raise in response to strong demand for its shares. It says that this would help satisfy further market demand and improve liquidity, alongside spreading its fixed costs across a wider share capital base. Further details will be […]
In QuotedData’s morning briefing 13 January 2023: Marble Point Loan Financing says that Investcorp, a leading global alternative investment firm, has effective today acquired Marble Point Credit Management LLC, the fund’s investment manager. We also have news of a disposal by Apax
Digital 9 Infrastructure (DGI9) has released a trading update that covers its performance to the 30 September 2022. The key highlights are as follows: The Group’s diversified portfolio of eight high-quality data centre, subsea fibre, and wireless network assets (together, the “Investee Companies”) has performed strongly during the period to 30 September 2022. The Company […]
Dignity Plc, the UK funeral services provider, which is Castelnau Group’s (CGL’s) largest holding, saw its share price jump following announcement on Wednesday 4th January, after the market had closed, that Dignity’s board was minded to recommend a revised possible offer from a consortium comprising SPWOne V Limited and Castelnau Group Limited. The offer is […]
In QuotedData’s morning briefing 4 January 2023: On 30 December 2022 Alvarium RE Limited entered into an agreement to sell Alvarium Home REIT Advisors Limited (AHRA), the investment advisor to Home REIT (HOME), to a newly formed entity owned by the management of AHRA funded by way of a promissory note. These arrangements were made […]
Bluefield Solar Income Fund (BSIF) has acquired a 46.4 MWp solar portfolio that comprises two large ground mounted solar assets located in Cumbria, in the UK. Both are 1.4 ROC assets that have been operational since 2015 and approximately 60% of their projected revenues are contracted and regulated. The larger of the two assets is […]
Activist investment fund, Crystal Amber (CRS) has sent the board of Hurricane a requisition notice requiring Hurricane to convene a general meeting at which resolutions will be proposed to remove six directors and appoint two new directors. The directors that CRS proposes removing are executives Antony Maris and Richard Chaffe, Non-Executive Chairman, Philip Wolfe and, […]
Aquila European Renewables (AERI) has announced that Jaén, a 50 MWp solar PV asset located in southern Spain that is part of the Greco portfolio, has completed construction and is now operational. Jaén was acquired, in full, in March 2022 and following the completion of the project, AERI has paid consideration of €42.5m to the […]
In QuotedData’s morning briefing 23 December 2022: Schroder European Real Estate (SERE) has completed the early refinancing of its largest debt expiry in 2023, a €14m loan with VR Bank Westerwald, secured against its Hamburg and Stuttgart office investments. SERE says that competitive financing terms were obtained from five different lenders with VR Bank Westerwald […]
Aberdeen Diversified Income and Growth (ADIG) has announced its annual results for the year ended 30 September 2022. The report opens with a quote from the managers (Nalaka De Silva, Heather McKay, Simon Fox and Nic Baddeley), which says “We feel that the company is well protected in the current environment, and ready to take […]
