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Further Update on Asset Sale Process

11th Mar 2025 07:00

RNS Number : 0930A
Harmony Energy Income Trust PLC
11 March 2025
 

 

 

11 March 2025

Harmony Energy Income Trust plc(the "Company" or "HEIT")

 

Further Update on Asset Sale Process

Harmony Energy Income Trust plc, which invests in battery energy storage system assets in Great Britain, is pleased to announce an update on its asset sale process.

Further to the announcement on 20 February 2025, the Company confirms that although the exclusivity announcement with the previously disclosed preferred bidder expired on 10 March 2025, both parties continue to progress towards the conclusion of a definitive agreement and the Company expects to make a further announcement in the near future.

 

END

 

For further information, please contact:

 

Harmony Energy Advisors Limited (the "IA") Paul Mason

Max Slade

Peter Kavanagh

James Ritchie info@harmonyenergy.co.uk

 

 

Panmure Liberum Ltd

Chris Clarke

Darren Vickers

Will King

 

 

+44 (0)20 3100 2222

Stifel Nicolaus Europe Limited 

Mark Young

Edward Gibson-Watt

Rajpal Padam

Madison Kominski

 

+44 (0)20 7710 7600

Camarco Eddie Livingstone-Learmonth

Andrew Turner

 

+44 (0)20 3757 4980

 

JTC (UK) Limited Uloma Adighibe

Harmony.CoSec@jtcgroup.com

 

+44 (0)20 3832 3877

 

LEI: 254900O3XI3CJNTKR453

 

About Harmony Energy Advisors Limited (the "Investment Adviser")

 

The Investment Adviser is a wholly owned subsidiary of Harmony Energy Limited.

 

The management team of the Investment Adviser have been exclusively focussed on the energy storage sector (across multiple projects) in GB for over seven years, both from the point of view of asset owner/developer and in a third-party advisory capacity. The Investment Adviser is an appointed representative of Laven Advisors LLP, which is authorised and regulated by the Financial Conduct Authority.

 

 

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