Energy efficiency fund launches £40m placing


Sustainable Development Capital Limited is aiming to raise a further £40m to fund acquisitions for it’s energy efficiency income trust (SEEIT).

SEEIT is looking for commitments by lunchtime today at a placing price of 104p. The company’s stock, launched a year ago, was trading at 110p at close on Tuesday.

To date SEEIT has invested in projects including CHP and rooftop solar in both North America and Europe.

Details here.

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