19th Jun 2023 09:47
Triple Point Energy Transition PLC - London-based investment firm which focuses on infrastructure investments - Net asset value per share amounts to 99.44 pence as at March 31, up from 96.12p on the same date a year earlier. NAV total return for financial 2023 is 9.2%, compared to 4.9% a year earlier. Looking ahead, it is well-positioned to capitalise on the "immense potential arising from the ambitious renewable energy targets". Total dividend for the year is 5.50 pence each, unchanged from a year prior.
Chair John Roberts says: "The year was a transformative period for TENT. In focusing wholly on niche, but highly attractive, areas of the energy transition, we believe we have an investment strategy which will deliver robust shareholder returns throughout the cycle. The results we are announcing today amply bear out our confidence."
Current stock price: 66.90 pence each, up 1.4% on Monday morning in London
12-month change: down 26%
By Xindi Wei, Alliance News reporter
Comments and questions to [email protected]
Copyright 2023 Alliance News Ltd. All Rights Reserved.
Related Shares:
Triple Pt. Engy