25th Nov 2024 14:28
US Solar Fund PLC - London-based investment company focusing on owning and operating solar power assets in North America - Net asset value per share as at September 30 ticks up 0.1% quarterly to 75 US cents per share. For June 30, it had also reported a NAV of 75 US cents per share. The small movement reflects the roll-forward of the valuation models and adjustments to the portfolio working capital over the period, the company says. Declares a quarterly dividend of 0.56 US cents per share for the third quarter, unchanged from the second quarter. The company highlighted that its board and investment management have engaged with shareholders following the annual general meeting in May. It adds that the board has been strengthened by the appointment of Mark Lerdal, a US-based director with over 30 years experience in the energy and renewables sectors.
Current stock price: USD0.43, down 5.0% on Monday afternoon in London
12-month change: down 16%
By Tom Budszus, Alliance News slot editor
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