Jlen Environmental Assets Share Discussion Threads

[panshanger1] 26/8/2022 17:48

I hold a few infra / renewable trusts but this has been my best performer over 5 years (div reinvested)Hats off to the managers GLA

[edwardt] 11/8/2022 15:41

i know that to be true of jlen. i am not sure others have factored that in. dyor.

[ec2] 05/8/2022 21:36

Yes the planned 2023 corporation tax hike is already factored into infrastructure funds NAVs. If the rise is cancelled NAVs across the sector will rise.

[hindsight] 04/8/2022 16:47

As last year they reduced the NAV for the tax rise, if Truss cancels this rise, will the NAV decrease for that be reversed

The Net Asset Value ("NAV") per share at 31 March 2021 was 92.2 pence, compared with 97.5 pence at 31 March 2020. The main driver for the NAV per share reduction has been the impact of a UK corporation tax increase announced by the UK Government in response to the extraordinary level of public spending to alleviate the financial impact of the Covid-19 pandemic. In considering the impact of the tax increase on the portfolio, the Board has been prudent in assuming that the prevailing rate of 25% will apply from 2023 for the remainder of the portfolio life. Any future reduction in the rate of corporation tax would increase the NAV.

[panshanger1] 04/8/2022 16:33

New all time high today

[rik shaw] 02/8/2022 07:55

Yes the links are at the top of this page too.

[mrnumpty] 02/8/2022 07:46

According to the Hargreaves Lansdown site for JLEN , the Company announced yesterday , in addition to the lithium-ion battery storage site in Aberdeenshire , an investment in an aquaculture project in Norway to produce trout .

[mrnumpty] 02/8/2022 07:40

The RNS by Foresight Solar PLC also states , concerning the joint acquisition with JLEN of Clayfords Energy Storage Ltd that the site is “ .. expected to start commercial operations by Q4 2024 “ . I don’t know how “ Mark “ got into my previous post !

[rik shaw] 02/8/2022 07:31

More details here:

[mrnumpty] 02/8/2022 07:28

The following RNS was released yesterday by Foresight Solar PLC , which has acquired a “ 50% equity stake in Clayfords Energy Storage Ltd … [ which ] holds the development rights to construct a 50 MW lithium-ion battery energy storage site based in Buchan , Aberdeenshire . The investment has been made alongside JLEN Environmental Assets Group , which will also acquire a 50% equity stake ….. “ . Mark

[petewy] 30/6/2022 13:37

Questor? Kiss of death.