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Portfolio Update

13th Aug 2015 15:15

RNS Number : 0214W
Leaf Clean Energy Company
13 August 2015
 

13 August 2015

 

Leaf Clean Energy Company ("Leaf" or the "Company")

 

Portfolio Update

 

The board of Leaf Clean Energy Company is pleased to announce completion of the realisations of four of its investments: 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. These transactions closed on 11 March, 31 March, 24 June, and 13 August, respectively. In addition, Leaf received a partial return of capital from its indirect investment in Energía Escalona I S.A. de C.V. during the period. The up-front aggregate cash proceeds received by Leaf from these transactions and the capital return were $8.4 million and $0.5mm, respectively. Leaf's unaudited aggregate carrying value (on a comparable basis) at 31 December 2014 for the investments sold was $9.1 million. These transactions were led by Leaf's investment subsidiary, Leaf Capital Management, which comprises the investment staff at Leaf.

 

Enquiries:

 

Mark Lerdal +1 (415) 264 5096

Leaf Clean Energy Company

 

Ivonne Cantú +44 (0) 207 397 8900

Cenkos Securities plc

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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