Energy efficiency fund launches £40m placing

0

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.

Related stories:

SEEIT: 2020 will be a big year for PPAs

SEEIT strikes solar PV deal with Tesco

SEEIT: Onsite generation ‘will continue to boom’

SEEIT buys more CHP projects

Energy fund raises £100m via IPO

Click here to see if you qualify for a free subscription to the print magazine, or to renew.

Follow us at @EnergystMedia. For regular bulletins, sign up for the free newsletter.

LEAVE A REPLY

Please enter your comment!
Please enter your name here