The battery storage investor, Gresham House Energy (GRID), says it has conditionally agreed to acquire a 50MW battery project located near Thurcroft, to the east of Rotherham. The Project will be GRID’s largest project to date, and part of the exclusivity pipeline identified in the Company’s October 2018 IPO prospectus. Thurcroft is a battery-only site with […]
Greencoat UK Wind (UKW) has released the following update: “The health of the company’s shareholders and board is of the utmost importance and given the UK Government’s advice on social distancing, travel and measures to prohibit public gatherings in order to minimise the spread of COVID-19, the Company has decided to change the location of […]
Octopus Renewables (ORIT) has completed the acquisition of a 100% interest in a portfolio of solar photovoltaic (PV) assets situated across the UK for an initial cash consideration of £144.3m. This portfolio forms part of the pipeline assets disclosed in the company’s prospectus dated 19 November 2019 and was acquired from an entity managed by ORIT’s manager. Today’s […]
We have annual results (to end-December 2019) from the UK equity income company, JPMorgan Claverhouse (JCH). The company said that as at 16th March 2020 the FTSE All-Share Index had fallen to 2848.87; a fall of over 30% and its lowest level in almost eight years. Chairman, Andrew Sutch, noted: “Although we report in this document […]
Over GCP Asset Backed Income’s (GABI) annual results period to 31 December 2019, the company advanced loans of £89.4m advanced against 29 projects with a further £40.3m secured against five projects, advanced post year end. Over the period: Total shareholder return for the year of 10.2% (31 December 2018: 9.1%) and an annualised total shareholder return since […]
Schroder Real Estate (SREI) released the following update: “This is an update due to the market uncertainty relating to covid-19. The company would like to highlight that against this backdrop its strategy remains robust and unchanged. A significant number of disposals were completed at premium prices last year and the term loan with Canada Life […]
In QuotedData’s other news 19 March 2020 – Alcentra European Floating Rate Income (AEFS) said its top performing credits for in February were names that had been weaker in prior periods but saw improved outlook and traded higher in the period. The top credit, a pharmaceutical company, traded +4.6% higher after the company was refinanced and […]
SQN Asset Finance Income (SQN) made the following announcement with respect to the declaration of further dividend payments. “In light of the ongoing uncertainty in economies and markets, the board of the company resolved today to suspend the declaration of further dividend payments on both the ordinary and C share classes until further notice. In […]
Ashoka India Equity Investment (AIE) released the following update: “Over the past few weeks, Indian equity indices have seen a sharp correction due to a confluence of factors such as the Central Bank taking control of affairs at Yes Bank, and most significantly, the continuing spread of covid-19 globally. The Indian markets have corrected by […]
Princess Private Equity (PEY) has entered into an extension of the term and increase in the size of its senior revolving credit facility with Lloyds Bank. The previous facility of EUR 50m was due to expire on 14 December 2020. The facility will be increased to EUR 80m and the term extended to 13 December 2024. […]
