NextEnergy Solar Fund (NESF) has announced that it has commenced the construction of Whitecross, a 36MW, subsidy-free utility solar plant, located in Lincolnshire. The original construction date of the asset was pushed back from the second half of 2021 “due to material volatility in the solar PV module supply chain post covid which has since […]
In QuotedData’s morning briefing 8 April 2022: HydrogenOne Capital Growth (HGEN) has announced that its placing, which was previously announced on 4 April 2022, has raised gross proceeds of £21.5 million via the issue of 21,469,999 New Ordinary Shares at a price of 100 pence per New Ordinary Share. The Placing was well supported by new […]
BB Biotech (SWX:BION) showed a resilient investment performance in an extremely difficult period for biotech in the first quarter this year, although its NAV, share price and long standing premium have all clearly come under pressure. The Swiss investment company closed the first quarter of 2022 with its shares trading at CHF65.4, down by 10.3%, […]
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 […]
