It’s that time of year where we see a flurry of annual and interim results hitting the market for companies whose reporting periods finish on 31 December. Even in a quiet year, it is quite possible for interesting stories to get lost in this first quarter deluge, but once you factor in the additional market […]
Henderson High Income (HHI) has announced its annual results for the year ended 31 December 2021, during which it provided NAV and share price total returns of 19.8% and 27.9% respectively, exceeding the total return of its benchmark (a composite that is 80% All-Share and 20% the ICE BofAML Sterling Non-Gilts Index rebalanced annually), which […]
International Public Partnerships (INPP) has announced that it has reached financial close on Stage 3 of the Gold Coast Light Rail project. This follow-on investment has arisen through the Company’s existing 30% interest in the Project. The Project extends the existing Gold Coast Light Rail network (known as G:link) a further 6.7 kilometres south from […]
The renewables Infrastructure Group (TRIG) has announced that it has acquired a 49% equity interest in Project Valdesolar, an operating solar park in the province of Badajoz, Spain, from Repsol (a Spanish-listed global energy company). Valdesolar represents approximately 3% of TRIG’s portfolio, by value and, following this acquisition, Spain represents 8% and solar photovoltaic (PV) […]
Greencoat Renewables (GRP) has announced that its placing, which was launched on 21 March 2022, was oversubscribed and has raised gross proceeds of €281.5m. Due to substantial demand, 251,351,351 placing shares will be issued at the placing price of €1.12 per share. This will utilise the remaining capacity of GRP’s 400m share issuance programme. The […]
BlackRock Latin American (BRLA) has published its annual results for the year ended 31 December 2021, during which BRLA’s NAV fell by 12.5% (in US$ and total return terms), underperforming its benchmark, which fell by 8.1%. In sterling total return terms, BRLA’s NAV fell by 11.7% over the same period, while its benchmark fell by […]
Corporation Financiere EuropeenneSA (CFE) has provided a final offer update on its cash offer for CIP Merchant Capital (CIP); an offer that CIP’s board has previously rejected, having described it as “Highly opportunistic” – click here to read our article from 23 March 2022 which covered the rebuttal of this final offer. Separately, CIP’s board […]
Triple Point Energy Efficiency Infrastructure (TEEC) has announced that it has signed contracts to provide a debt facility to a subsidiary of Virmati Energy Ltd (trading as “Field”), for the purposes of building a portfolio of four geographically diverse Battery Energy Storage System (BESS) assets in the UK. The total facility amounts to £45.6m and […]
In QuotedData’s morning briefing 1 April 2022: Syncona (SYNC) has provided an update on investee company Freeline, following the publication of Freeline’s full year 2021 financial results. The update highlights that: Phase 1/2 programs on track in Hemophilia B and Gaucher disease and accelerated in Fabry disease Extended financial runway and streamlined organization support Company […]
BMO Private Equity Trust (BPET) has announced its annual results for the year ended 31 December 2021. During the year, BPET provided an NAV total return of 35.8%, which it says compares against a total return from the All-Share Index for 2021 of 18.3 per cent. During the year, BPET’s share price discount to NAV […]
