17th Apr 2019 13:44
LONDON (Alliance News) - SDCL Energy Efficiency Income Trust PLC said Tesco Pension Trustees Ltd held a 15% stake in the company after a deal on Wednesday.
Tesco Pension's prior stake in the energy efficiency sector investor, if any, has not been disclosed. It currently holds 14.9 million shares, equivalent to a 14.85% stake.
On Tuesday, SDCL announced it had raised GBP72.0 million through a 71.3 million share issue priced at 101.0 pence per share. The money will be used for acquisitions and to expand its portfolio.
Shares in SDCL were up 0.9% at 102.85 pence on Wednesday.
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Sdcl Energy Ef.