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SMALL-CAP WINNERS & LOSERS: Ecofin US Renewables proposes asset sale

13th Dec 2024 09:49

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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SMALL-CAP - WINNERS

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Robert Walters PLC, up 7.1% at 347.00 pence, 12-month range 320.00p-472.00p. Shares in the recruitment company reverse some recent weakness to sit higher on Friday. The stock is now flat month-to-date.

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SMALL-CAP - LOSERS

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Ecofin US Renewables Infrastructure Trust PLC, down 5.6% at USD0.39, 12-month range USD0.32-0.60. The firm proposes the sale of its investments in US distributed solar assets to a subsidiary of True Green Capital Fund IV LP. Sale is for USD38.4 million in cash, plus the assumption of USD15.6 million of project-level debt. "The disposal is the first sale to be signed as part of the managed wind-down," it adds.

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De La Rue PLC, down 1.8% at 110.00p, 12-month range 72.00p-121.00p. Shares decline following a 2.3% rise on Thursday.

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By Eric Cunha, Alliance News news editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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