1st Dec 2023 13:21
Esken Ltd - Liverpool-based infrastructure, aviation and energy services provider - Completes disposal of Esken Renewables Ltd. Pioneer Balmoral UK is a vehicle fully owned and funded by the sustainable infrastructure fund Pioneer Infrastructure Partners SCSp, managed by Pioneer Point Partners LLP. In early November, Esken proposed the disposal of Esken Renewables to Pioneer Balmoral UK Ltd for net proceeds of around GBP78.5 million.
Following the disposal, Esken said it has repaid its facilities agreement.
Current stock price: 1.8 pence, up 12% on Friday afternoon in London
12-month change: down 70%
By Sophie Rose, Alliance News senior reporter
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