QuotedData: QuotedData’s Morning Briefing 4 February 2021

General/ 04 February 2021
  • SDCL Energy Efficiency Income Trust have announced a £100m placing (94.3m shares at 106p). The price is a 3.9% premiumto the end September NAV and a 1.4% discount to last night’s closing price. The money would go into commercial and industrial solar projects across the United States in conjunction with Onyx; energy efficiency projects across the United States in conjunction with Sparkfund; and investments into electric vehicle charging infrastructure projects across the UK in conjunction with EV Plus some other potential opportunities that the manager has identified. Jefferies is handling the placing. The announcement says that “Individuals wishing to invest in new ordinary shares through an ISA, SSAS or SIPP should contact their professional advisers regarding their eligibility.”

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