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Menhaden Resource Efficiency Plc (MHN)
Menhaden Resource Efficiency Plc (MHN) News

MHN Menhaden Resource Efficiency Plc

108.50

0.00 (0.00%)

Last Updated: 08:00:00

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Menhaden Resource Efficiency Plc	LSE:MHN	London	Ordinary Share	GB00BZ0XWD04	ORD 1P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	108.50	107.00	110.00	108.50	108.50	108.50	575	08:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Trust,ex Ed,religious,charty	-18.43M	-20.54M	-0.2588	-4.19	86.12M

Menhaden Resource Efficiency Plc - Portfolio Update

22/04/2024 7:00am

UK Regulatory

Menhaden Resource Effici... (LSE:MHN)
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Menhaden Resource Efficiency Plc - Portfolio Update

PR Newswire

LONDON, United Kingdom, April 22

22 April 2024

Menhaden Resource Efficiency PLC

(the “Company”)

LEI: 2138004NTCUZTHFWXS17

Portfolio Update

Menhaden Resource Efficiency PLC announces that it has completed a new private investment with KKR in Avantus, one of the leading solar and energy storage developers in the United States. Avantus has one of the largest and most advanced development pipelines across California and the Southwest.

The initial US$17.5 million investment equates to 10.0% of the Company’s NAV.

The portfolio manager believes the deal is highly opportunistic and expects it to generate returns significantly in excess of public equity markets. This transaction represents the Company’s fourth co-investment with Kohlberg Kravis Roberts (KKR).

Frostrow Capital LLP
Company Secretary