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.
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SEEIT raises another £100m
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SEEIT buys more CHP projects
Specialist energy fund commits £87m to buy projects, eyes more
Energy fund raises £100m via IPO
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