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Share Name Share Symbol Market Type Share ISIN Share Description
Active Energy Group Plc LSE:AEG London Ordinary Share GB00B1YMN108 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.425 0.40 0.45 0.443 0.425 0.43 3,315,326 08:00:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 1.3 -6.6 -0.5 - 7

Active Energy Share Discussion Threads

Showing 3276 to 3300 of 3575 messages
Chat Pages: 143  142  141  140  139  138  137  136  135  134  133  132  Older
DateSubjectAuthorDiscuss
08/2/2021
07:34
No apologies for posting this news from DRAX this morning. Lots more in the full release. But just look at those numbers. Two ways of looking at that - we really are a minnow. AND, its a massive market place for next generation pellets to take... £226m paid - but taking on an equivalent value of debt so circa £450M-£500M enterprise value. G. hTTps://uk.advfn.com/stock-market/london/drax-DRX/share-news/Drax-Group-PLC-Proposed-acquisition-of-Pinnacle-Re/84266703 Drax Group PLC 08 February 2021 8 February 2021 THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION Drax Group plc ("Drax", the "Group" or the "Company"; Symbol: DRX) Proposed acquisition of Pinnacle Renewable Energy Inc. - a major international producer and supplier of sustainable biomass Drax is pleased to announce that it has signed an agreement (the "Acquisition Agreement") with Pinnacle Renewable Energy Inc. (PL.TO) ("Pinnacle"), providing for the acquisition by Drax Canadian Holdings Inc., an indirect, wholly-owned subsidiary of Drax, of the entire issued share capital of Pinnacle (the "Acquisition"). The Acquisition will be implemented by way of a statutory plan of arrangement in accordance with the laws of the Province of British Columbia, Canada, at a price of C$11.30 per share (representing a premium of 13% based on the closing market price as at 5 February 2021 of C$10.04 per share and valuing the fully diluted equity of Pinnacle at C$385 million (GBP226 million(1) ), with an implied enterprise value of C$741 million, including C$356 million of net debt(2) ). The Acquisition, which remains subject to Drax and Pinnacle shareholder approval, court approval, regulatory approvals and the satisfaction of certain other customary conditions, has been unanimously recommended by the board of Pinnacle and has the full support of Pinnacle's major shareholder, affiliates of ONCAP (which, together hold shares representing approximately 31% of Pinnacle's shares as at 5 February 2021). Completion is expected to occur in the second or third quarter of 2021. The Board believes that the Acquisition advances Drax's biomass strategy by more than doubling its biomass production capacity, significantly reducing its cost of biomass production and adding a major biomass supply business underpinned by long-term contracts with high-quality Asian and European counterparties. The Acquisition positions Drax as the world's leading sustainable biomass generation and supply business alongside the continued development of Drax's ambition to be a carbon negative company by 2030, using Bioenergy Carbon Capture and Storage (BECCS). Highlights -- Compelling opportunity to advance Drax biomass strategy - Adds 2.9 million tonnes of biomass production capacity - Significantly reduces Drax average cost of production(3) -- Increased global reach and presence in third-party markets - C$6.7 billion of contracted sales to counterparties in Asia and Europe - 99% of capacity contracted through 2026, significant volumes contracted post 2027 -- Strong return on investment - Cash generative with 2022 EBITDA consensus of C$99 million - Expected returns significantly ahead of Drax's WACC - Funded from cash and existing agreements -- Reinforces sustainable and growing dividend The world's leading sustainable biomass generation and supply business -- Drax and Pinnacle combined - 17 pellets plants, three major fibre baskets, four deep water ports - 4.9Mt capacity from 2022 - 2.9Mt available for self-supply - 2.6GW of renewable biomass generation, with potential for BECCS -- Global growth opportunities for sustainable biomass Commenting on today's announcement Will Gardiner, Chief Executive Officer of Drax, said: "I am excited about this deal which positions Drax as the world's leading sustainable biomass generation and supply business, progressing our strategy to increase self-supply, reduce our biomass production cost and create a long-term future for sustainable biomass."
garth
05/2/2021
10:07
Anyone know when the primarybid bought shares will be added to broker accounts ?
cliffv69
04/2/2021
12:25
Thanks for that
fund1
04/2/2021
10:12
new video on LSE website
11dg
04/2/2021
08:27
From the BP. thread. Passed me by. Interesting though. Crazi3 Feb '21 - 16:28 - 5943 of 5944 0 2 0 Bloomberg Economics @economics ยท 26s It's 2021 and the UK government is backing the opening of a new coal mine, right before it hosts global leaders for major climate talks... G.
garth
03/2/2021
07:45
London South East interview link added to the bottom of the header. Looks like we are finally back on our way folks. Well done to management getting those CLNs converted and that raise away at a 1p and not down at a fraction of that which is what could have happened. Credit where credit is due. G.
garth
03/2/2021
07:40
Looks like it's going to start where it left off yesterday. That interview as got me excited
fund1
03/2/2021
06:16
Lots of exciting stuff happening. Right sector at the right time
fund1
02/2/2021
22:49
Good interview https://youtu.be/pzyzpUF7Ki8
fund1
02/2/2021
19:29
thats funny pedro
trjones2
02/2/2021
18:00
He was last seen heading in a south-easterly direction towards the shops. :)
pedromendoza
02/2/2021
16:38
Any news on Peatswitch????
pieinsky
02/2/2021
14:40
Thanks Saint. Link to note added to the bottom of the header. Nice numbers. G.
garth
02/2/2021
14:29
We expect there are likely to be additional offtake requests in the coming weeks. As a result, we have included a moderate estimate for the operation of the CoalSwitch™ reference plant operating on a batch production process initially at ~3tph, increasing to 5tph through the year Into 2022E, the CoalSwitch™ reference plant can be scaled up to 5 to 8tph on a batch process with moderate investment. htTps://www.aegplc.com/wp-content/uploads/2021/02/SPA-Angel-Broker-Note-AEG_02022021_Note_vFinal.pdf and... The 50tph plant is a true game changer for AEG. The metrics as shown in Table 2, show production of 400,000 tonnes of fuel per year, which can be used to supply about 2 50-60MW plants on a 50/50 basis. At maximum output the plant potentially generates revenue of ~US$68.5m on a 3-shift basis, running 7 days per week for a full year. With an estimated net margin of ~27.5%, depending on the type of feedstock, the payback period for the plant is about 3.5 years. Notably, 2023E is likely to have a significant uptick in revenue and EBITDA results as a result of the operational start-up of the 50tph CoalSwitch™ plant.
thesaint5
02/2/2021
13:29
Added today to an already large position. Confident news flow can only take this in one direction.
nigelmoat
02/2/2021
12:23
Thanks Saint for the link. "Things are about to take off" Andrew Diamond, FD Refreshing to hear that from a FD. :0) G.
garth
02/2/2021
10:55
Media, communication.. htTps://www.brrmedia.co.uk/broadcasts/6018020ca6bfbf43d06ac2c9/active-energy-group-age-progress-update-january-2021/
thesaint5
02/2/2021
09:06
Great rns Should double v quickly
nico115
02/2/2021
08:46
Well, with £7m raised they surely cannot mess this up now. My concerns about the wider market remain in play - but I have bought back some of my January top slice this morning. With the extra shares in issue liquidity will be improved but increases may be more subdued I guess - but future prospects have been significantly de-risked. Should be pretty consistent news-flow from here on for the next 6 months. Plant construction, manufacture of product, updates on the second saw mill line, fulfilment of the June delivery, new orders? G.
garth
02/2/2021
07:01
Confirmation of successful Fundraising of GBP7m.
skinny
01/2/2021
19:44
Wasn’t me! 😉
belo horizonte
01/2/2021
16:44
Placing £6 million at 1p plus conversion of CLN £15.6 million at 1p. Who was it who said 'no placing', own up!
thesaint5
01/2/2021
13:53
Hi Garth, That is good to know "Reduced most of my holdings by 1/3 across the board second half of January " I think that is a very wise move. I have also been slicing my holdings of late. Remember sell in May phrase and come back after summer. I think by summer vaccines will have been in rolled out in earnest. A mini boom for H2 but do not know after that. Alot depends on how new variants behave and whether these are managed well. I am not sure at the moment.
jailbird
01/2/2021
11:07
Can't get any quotes to buy
cliffv69
28/1/2021
20:05
https://mobile.twitter.com/RenewableLSVery interesting,
isa2020
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