ORIT acquires Breach Solar Farm, Cambridge Octopus Renewables Infrastructure Trust (ORIT) announce the acquisition of Breach Solar Farm, a roughly 68MW ready-to-build solar PV project in Cambridgeshire, UK, from AGR Renewables. The total cost of acquiring and constructing the solar PV project is expected to be approximately £50m. The purchase also gives ORIT the right […]
In QuotedData’s morning briefing 17 June 2022: River & Mercantile UK Micro Cap (RMMC) has published its interim results for the six months ended 31 March 2022, during which it provided an NAV total return of -23.53%, significantly underperforming its benchmark, the Numis Smaller Companies plus AIM ex Investment Companies Index, which provided a total […]
HgCapital Trust (HGT) has announced an investment in TigerRisk Partners, alongside other institutional clients of its manager, through the Hg Saturn 2 Fund. HGT’s manager, Hg, describes TigerRisk as a leading risk, capital and strategic advisor to the global insurance and reinsurance industry. TigerRisk is being acquired by Howden Group Holdings. HGT announced its original […]
Baillie Gifford UK Growth (BGUK) has announced its annual results for the year ended 30 April 2022. During the year, BGUK provided NAV and share price total returns of -16.0% and -27.9% respectively, both significantly underperforming its All-Share benchmark, which it says returned +8.7% during the period. BGUK’s chairman, Carolan Dobson, says that the portfolio’s […]
In QuotedData’s morning briefing 10 June 2022: Tufton Oceanic Assets (SHIP) has announced that it has agreed to acquire a product tanker for US$31.5m with completion expected in early July. The Product Tanker, Marvelous, is being acquired at approximately 90% of its depreciated replacement cost. SHIP says that, initially, the vessel will be employed in […]
Following the announcement earlier today that it has terminated its placing programme (click here to read more), Worldwide Healthcare (WWH) has now announced its annual results for the year ended 31 March 2022. These show that, following the previous year’s strong returns, both on an absolute and on a relative basis, the year under review […]
Downing Renewables & Infrastructure (DORE) has announced that a €43.5m debt facility that its subsidiary, Downing Hydro AB, announced in December 2021 has been classified as a Green Loan by the lender, Skandinaviska Enskilda Banken (SEB), a leading corporate bank in the Nordics. Downing Hydro AB entered into the seven-year debt facility to finance its […]
HarbourVest Global Private Equity (HVPE) has announced its annual results for the year ended 31 January 2022, which its annual report describes as “A strong financial year with record levels of performance and activity”. To summarise, HVPE has provided NAV growth of 37%, share price growth of 48%, a 20 percentage point reduction in its […]
Gresham House Energy Storage (GRID) has announced that its placing, which was announced 25 May 2022, has raised gross proceeds of £150 million. The proceeds, in conjunction with GRID’s available debt facilities, will allow it to fund the majority of its existing pipeline. GRID says that the placing was significantly oversubscribed and a scaling back […]
In QuotedData’s morning briefing 27 May 2022: Worldwide Healthcare (WWH) has announced that it is terminating its placing programme, which was established on 13 July 2021, with immediate effect. WWH expects to publish its annual results later today and, if the placing programme was still in effect, this would have required WWH to publish a […]
