(Alliance News) - Stock prices in London were mostly higher at midday on Tuesday, with the FTSE 100 outperforming European peers as investors weighed all the reports surrounding the tentative US-Iran peace agreement. Read More
SDCL Efficiency Income Trust PLC - FTSE 250 constituent formed in 2018 to invest in energy efficiency and distributed energy assets - Decides to declare no fourth interim dividend for the financial year that ended March 31, saying the board wants to preserve value and reduce debt amid a proposed wind-down of the trust. The trust also said it received less cash inflow in the second half of the year, mainly due to lower receipts from its Onyx asset. Read More
(Alliance News) - SDCL Efficiency Income Trust PLC on Thursday said a managed wind down is in the "best interests of its shareholders", after receiving an underwhelming reception to a strategic plan. Read More
(Alliance News) - British American Tobacco has named its next permanent finance chief, Metlen Energy's belated 2025 results show a profit fall, while Convatec set out a growth plan. Elsewere, ME Group says its laundary machines will appear in Asda units, SDCL Efficiency Income Trust will pursue a managed wind-down and ITM Power has received UK government backing. Read More
(Alliance News) - SDCL Efficiency Income Trust PLC on Friday said it has agreed to sell a portfolio of assets at a discount to carrying value in order to reduce debt. Read More
(Alliance News) - Stock prices in London were mostly lower at midday on Monday, ahead of US consumer inflation expectations and comments from the Bank of England's deputy governor. Read More
(Alliance News) - SDCL Efficiency Income Trust PLC on Monday said it was targeting disposals to raise liquidity, after gearing rose above its investment policy limit. Read More
(Alliance News) - SDCL Efficiency Income Trust PLC on Wednesday said its manager continues to progress disposal processes to create liquidity and streamline the portfolio as it noted its portfolio delivered operational performance in line with budget. Read More
(Alliance News) - SDCL Efficiency Income Trust PLC on Thursday said it has agreed a new financing facility that will be used to reduce its drawings on its revolving credit facility by around GBP17 million. Read More