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IN BRIEF: SDCL Energy Efficiency Income Trust promoted to FTSE 250

23rd Sep 2021 11:51

SDCL Energy Efficiency Income Trust PLC - invests in energy efficiency sector, including cogeneration, solar and storage projects, in UK, Europe and North America - Joins the FTSE 250 index of London mid-cap stocks on Thursday, replacing John Laing Group PLC. Infrastructure investor John Laing was acquired by Kohlberg Kravis Roberts & Co LLP for GBP2.0 billion and delisted. SDCL Energy Efficiency, which listed in London at the end of 2018, earlier this month raised GBP250 million in a share issue to fund its acquisition pipeline.

Current stock price: 114.68 pence

Year-to-date change: up 8.6%

By Tom Waite; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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