Jlen Environmental Assets Share Discussion Threads

[belgraviaboy] 28/9/2022 14:48

-9% Anything to do with the Norway news? No position.

[fordtin] 28/9/2022 12:48

"...Between £1tn and £1.5tn of the liabilities held by final salary pension funds are covered by LDI strategies, which are backed by collateral such as equities, corporate bonds and gilts. The issue of late has been that the value of those gilts has cratered, leaving pension schemes racing to sell assets to top up stashes of collateral. Some schemes have sold government bonds to meet those demands, creating a vicious circle of bond price declines."






Many babies seem to have been caught in a tidal wave when the whole nation tipped their baths over at the same time. The strongest babies should float to the top soon enough.

[tartshagger] 28/9/2022 10:05

Absolute rubbish - the reason all renewable IT's have tanked is because Kwarteng is about to inflict a windfall profits tax on their "excessive" profits

[mrnumpty] 28/9/2022 09:01

If you look on the Hargreaves Lansdown site for JLEN , you will see that we are currently trading at a discount to net asset value of 3.91% which , on the graph on the Hargreaves Lansdown site , is the first time in the last five years that JLEN have traded at a discount . Do your own research , but , whilst Starmer’s statement is a concern , he firstly has to establish a government , it could be up to three years before he sets up his fund , he has to find the £ 8 billion , and , as I wrote before , JLEN could presumably build green projects outside of the U.K. . Yes , do your own research , but I think that some clever people will use this slump in the price if JKEN to buy in to the fund .

[mrnumpty] 28/9/2022 08:47

It was under the Blair government that I realised how contemptuous politicians are , or can be , toward private investors . I didn’t have any shares in Network Rail but , when there was talk within the Labour Government about privatising the Company , a female Labour MP stated that it was only “ old grannies “ who were shareholders in Network Rail .

[mrnumpty] 28/9/2022 08:35

The explanation for the slump in the share price of JLEN is to be found on the page 4 of today’s Telegraph in an article titled “ Starmer : Power to the people will lower bills : Labour wants publicly owned national energy company to generate cheap and green electricity “ . Starmer wants to create a body to be called Great British Energy , using an £ 8 billion National Wealth Fund to increase green electricity generation , and he says he will do this within a year of coming to power . However , whilst the crises which this country has been staggering through for the last two-and-a-half years ( exacerbated by current government incompetence in my humble opinion ) seem to be making a Lab government increasingly likely , the next General Election doesn’t have to take place until two years , plus up to a year for Starmer to realise his dream , JLEN could surely move in to Green projects in other countries . Also , in my humble opinion , whilst the thought of a Socialist , taxpayer-funded Green juggernaut competing with JLEN is a concern , JLEN is currently at an extremely cheap price-earnings ratio of 3.84 and has a dividend yield of 6.17% . Do your own research , but I suspect that the horse has already bolted on
the share price of JLEN , so I’ll remain here . However , this is yet another proof of Mr Numpty’s First Rule of Investing : there’s no investment which can’t be messed up by politicians ( that group which , being protected by gold-plated pensions and living within a bastion of special , largely hidden privileges , has no need whatsoever to have private investments ) .

[route1] 27/9/2022 15:12

The answer to your multiple choice question is plainly obvious , number 3 , continuing to receive quarterly dividends of more than 5%,share price growth and an extremely well managed company, covering every aspect of the highly topical renewables sector.As yet my bank does not pay me anywhere near 5%; so I will continue to build my stake here in JLEN .

[williamcooper104] 26/9/2022 20:19

I'm looking through interest rate exposureProject level debt is fixed and amortising - so no risk thereCorporate level debt (which I never liked much) is either not hedged or only hedged for a few years So that's the one to watch for Otherwise then other than capital values falling because of rising gilts on an income basis we ought to be fine

[voci] 26/9/2022 18:27

The whole renewables sector has been smashed today.

Buy the dip?
Sell out to avoid further losses?
Hang in there and keep on collecting the quarterly dividend?

[spoole5] 26/9/2022 13:42

Bloodbath for renewables

[mrnumpty] 23/9/2022 08:09

There’s a very up-beat article on page 28 of today’s Telegraph , titled “ the future of energy is still Green - follow the money : investors have moved on from fracking and even the founder of shale driller Cuadrills has given up in favour of geothermal power “ . Some quotes from the article are : “ [ the founder of Quadrilla ] is now exploring the potential of geothermal power … and is pushing for investment in more promising technologies , such as tidal power “ ; “ the direction of travel is clear : the serious money is reversing out of fossil fuels and piling in to renewables with increasing vigour “ ; “ new Solar and wind ventures are a fraction of the cost of fossil fuels . Meanwhile the titans of finance are turning their backs on carbon-intensive fuels “ ; “ As investors retreat from natural resources extraction , there is a wall of money ready to be invested in renewables “ ; “ According to a recent survey , more than three-quarters of British people think the Government should use new wind and solar farms to reduce energy bills , including more than four-fifths of those planning to vote Conservative in the next election , and 84% who voted Tory in 2019 “ . The article concludes “ The future of energy is still bright Green - the smart money has made up its mind “ .

[a0002577] 14/9/2022 13:09

As a retired glasshouse grower your idea makes sense, raptor_fund, except possibly for the fact that the increase in CO2 in the atmosphere caused by the burning of fossil fuels has already brought it up to what we then considered the optimum for growth.

But because the atmosphere within the glasshouse is fairly static (no wind!) it still makes sense to put more CO2 in.

[raptor_fund] 14/9/2022 12:59

On a more serious point I wonder if we could pipe waste C02 to the greenhouse to help the plants grow and capture some of the output.

[raptor_fund] 14/9/2022 12:57

Same here. Really like this deal. Also looks like all JLEN holders are gonna have to become pro-weed now 😅 After all it is green

[a0002577] 14/9/2022 12:41

Well said, Pavey Ark. Very interesting deal with the big cost being paid by the glasshouse erector with a loan from JLEN. This is the really interesting bit (my bold)

"in proximity to an existing anaerobic digestion ("AD") plant owned by JLEN, which will separately be upgraded to supply low carbon heat and power to the glasshouse via a private wire. Waste heat from the existing CHP engines will be captured and delivered by pipe and a heat exchanger to the glasshouse. Wastage from the glasshouse produce may also be returned to the digester, creating a circular ecosystem. The glasshouse project will receive energy via the private wire at a discount to the import market price and the AD plant will benefit from the inflation-linked RHI regime and sell electricity at a premium price versus exporting it to the grid while also utilising otherwise wasted heat."

ABF via their British Sugar subsidiary have a similar setup here in Norfolk

[pavey ark] 14/9/2022 08:01

I really like this project.
Came back in here in January and quickly added more.(timing right for once !!)
The AD diversification was a big attraction and this deal does make them look even more attractive.
If this project is a success then I suspect it will be expanded to other AD sites.

[gateside] 14/9/2022 07:06

Another acquisition. JLEN are the most diversified of all the Renewable Infrastructure Funds by far.

[route1] 30/8/2022 14:48

I will second that.