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JLEN Jlen Environmental Assets Group Limited

93.60
-0.90 (-0.95%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jlen Environmental Assets Group Limited LSE:JLEN London Ordinary Share GG00BJL5FH87 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.90 -0.95% 93.60 93.30 93.80 93.90 93.20 93.90 2,387,083 16:26:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investment Advice 108.45M 98.3M 0.1486 6.30 619.19M

JLEN Environmental Assets Group Ltd Research from QuotedData

29/03/2022 12:28pm

RNS Non-Regulatory


TIDMJLEN

JLEN Environmental Assets Group Ltd

29 March 2022

JLEN Environmental Assets - Research from QuotedData

29(th) March 2022

It's all about renewables

The renewable energy sector has been particularly buoyant over the past 18 months, and JLEN Environmental Assets (JLEN) is well-positioned to benefit. Initiatives such as the United Nations Climate Change Conference (COP26), new regulations on climate related financial disclosure - TCFD - and the Russo-Ukrainian crisis, combined with rising inflation and power prices, have only heightened the attractions of renewable energy.

The managers have identified an exciting pipeline of potential new investments made up of a number of opportunities from electric vehicle charging infrastructure to biomass, an area which JLEN dipped its toe into last year with its acquisition of the Cramlington facility. A recent fundraise means JLEN's managers can get to work on this pipeline now, while the trust is also on track to achieve its dividend target for 2021/22 of 6.80p.

Full research:

https://quoteddata.com/research/jlen-environmental-assets-renewables-qd/

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: Marten & Co was paid to produce this note on JLEN Environmental Assets Group Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.

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END

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(END) Dow Jones Newswires

March 29, 2022 07:28 ET (11:28 GMT)

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