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IN BRIEF: Triple Point sells gas fired energy asset for GBP2.6 million

11th Oct 2022 11:49

Triple Point Income VCT PLC - renewable energy investor - Completes sale of Green Peak Generation Ltd for GBP2.6 million in the company's E share class to Conrad Energy Holdings II Ltd. Says the sale is part of a wider portfolio sale of gas fired energy generation companies.

As a result, the company will pay 12.0 pence per share to E class shareholders as a dividend.

"The company conducted a competitive process and invited bids from some of the leading energy infrastructure investors in the UK, following renewed interest in these types of assets due to changes in the energy market landscape," it adds.

Current E share price: 74.97 pence

12-month change: down 90%

By Sophie Rose; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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