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IN BRIEF: Aura Renewable says interest rate decline spells opportunity

8th Apr 2024 11:06

Aura Renewable Acquisitions PLC - acquisition company for businesses operating in the renewable energy sector - Says during 2023, it gauged potential acquisition targets in the UK and overseas while maintaining close connections with potential business introducers. "We have maintained a pipeline of potentially significant targets and held early and encouraging discussions with a number of companies in a range of sectors and jurisdictions," the company says.

Looking ahead, Chair John Croft says: "Early signs of interest rate reductions on the back of lower inflation figures should have a positive impact on markets. We remain confident that the renewable energy sector will offer excellent opportunities for acquisitive and organic growth and are committed to ensure that the company and its stakeholders have the chance to share in these opportunities."

Current stock price: 5.55 pence each

12-month change: up 11%

By Tom Budszus, Alliance News slot editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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