US Solar Fund PLC - London-based investment company focusing on owning and operating solar power assets in North America - Closes the sale of its 50% interest in the 200 megawatt Mount Signal 2 asset to MN8 Energy LLC. The company says that MN8 is a renewable energy business that was formerly known as Goldman Sachs Renewable Power LLC. Read More
US Solar Fund PLC - investment company focused on solar power assets in North America - Declares dividend of 1.29 cents per share for first quarter, down 15% from 1.52 cents for the fourth quarter. Net asset value at March 31 was USD0.958 per share, down from USD0.963 per share at December 31. Company expects to declare "modestly lower" dividend in the second quarter followed by slightly higher dividends in the third and fourth. It says quarterly dividend is in line with annual dividend target of 5.66 cents per share, up 1.5% from 5.58 cents in 2022. Expects to have sufficient cash to cover the increased annual dividend, thanks in part to selling its 50% stake in the 200 megawatt Mount Signal 2 asset to MN8 Energy LLC for USD52.2 million in late April. Read More
(Alliance News) - Stock prices in London were mixed at midday on Friday as investors digested a weak GDP reading for the UK, a day after the Bank of England took the country's interest rates up to a 15-year-high. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - US Solar Fund PLC on Friday said it terminated the formal sales process as it received no offer it deemed suitable. Read More
US Solar Fund PLC - investment company focusing on owning and operating solar power assets in North America - Signs binding agreement to sell its 50% interest in 200 megawatt Mount Signal 2 asset to MN8 Energy LLC. Says MN8 is a renewable energy business formerly known as Goldman Sachs Renewable Power LLC. The option gives MN8 the right to acquire a 50% stake in the Mount Signal 2 asset for USD52.2 million plus a non-refundable option fee of USD1 million. Read More
(Alliance News ) - US Solar Fund PLC on Monday said its annual net asset value dropped marginally as its dividend increased by 1.5%. Read More
(Alliance News) - US Solar Fund PLC on Thursday said net asset value dropped marginally, as production fell 40% in the fourth quarter. Read More
(Alliance News) - US Solar Fund PLC on Monday said that renewable energy business MN8 Energy PLC has exercised its option for a 50% interest in US Solar Fund's Mount Signal 2 asset. Read More
(Alliance News) - US Solar Fund PLC on Monday said its net asset value increased in the third quarter of 2022, due to an increase in working capital and cash balances. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
US Solar Fund PLC - owns and operates solar power assets in North America - Sells a purchase option for a 50% interest in its 200 megawatt DC Mount Signal 2 to MN8 Energy LLC for a non-refundable option fee of USD1 million and an additional USD52.2 million excluding working capital. Believes this is an "attractive" opportunity to realise the value in its MS2 investment. Read More
US Solar Fund PLC - owns and operates solar power assets in North America - Closes on its option to acquire a further 25% interest in the 200 megawatt Mount Signal 2, a solar plant in Imperial Valley, California. This takes the company's total ownership of the asset to 50%. Its portfolio now comprises of 42 fully operational assets with a combined capacity of 543 megawatts across five states in the US. Read More
US Solar Fund PLC - owns and operates solar power assets in North America - Current placing programme is set to terminate on April 12, and due to only eight days of the programme being unexpired, the board will not publish a supplementary prospectus, meaning that the placing programme will terminate with immediate effect. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
IN BRIEF: US Solar Fund to acquire further 25% in Mount Signal plant Read More
TRADING UPDATES: CML Microsystems doubles dividend; Helical in profit Read More