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Leaf Clean Energy Realises Investments, Gets Partial Capital Return

13th Aug 2015 14:32

LONDON (Alliance News) - Leaf Clean Energy Co Thursday said it has sold four investments, and additionally got a partial capital return from its indirect investment in Energía Escalona I SA de CV.

It sold the biomass power plants Multitrade Telogia LLC and Multitrade Rabun Gap LLC, the landfill gas portfolio owned by Johnstown Regional Energy LLC, and the solar thermal power technology company SkyFuel. It got proceeds of USD8.4 million from the sales, and USD500,000 from the capital return.

It said its carrying value on the investments sold as at the end of 2014 was USD9.1 million.

Shares in Leaf Energy were down 3.4% at 33.33 pence Thursday afternoon.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.


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