Sdcl Energy Efficiency I... Share Discussion Threads

[pob69] 01/2/2022 10:32

Reference to SEIT here

[jonwig] 10/12/2021 08:18

Incidentally, the results from SEEIT Holdco will be interesting when they finaaly arrive at Companies' house. In the last full year, interest: dividend income was about 4:3.

[jonwig] 10/12/2021 07:18

H1 results look much in line with expectations:



Large share price premium makes it vulnerable, maybe, as NAV isn't exactly bouncing ahead.

EDIT:

a live presentation relating to the Company's Interim Results for the six-month period ended 30 September 2021 via the Investor Meet Company platform on 14th Dec 2021 at 10:30am GMT.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free to meet SDCL ENERGY EFFICIENCY INCOME TRUST PLC via:

[eaaxs06] 16/11/2021 11:30

I'm not sure what it takes to get the share price moving here, it's now been a couple of weeks of buying swamping any selling, but the price still stubbornly refuses to move higher.

I haven't got level 2 pricing, but I bet that makes interesting reading. Let's hope the dam breaks soon.

Good luck everyone, Sid.

[igoe104] 24/10/2021 09:53

Mentioned in the times..

[rogerrail] 04/10/2021 11:34

Not sure they should have taken 100%. Seems high risk strategy if either plant shuts. You can never predict the steel industry even for a relatively modern efficient plant.

[igoe104] 01/10/2021 08:11

Still waiting for my dividend payment from Yesterday.

[gateside] 01/10/2021 07:09

Good investment announced today

Acquired the remaining 35% equity interest that it did not already own in Primary Energy, a portfolio of recycled energy and cogeneration projects servicing the steel industry, located in Indiana, USA.

[jonwig] 23/9/2021 07:34

Strangely, with a MCap now of over £1bn, it comes in at around number 190.

(Will need to reach £4bn to get into FTSE100 territory, but with all these share issues that won't take long!)

[igoe104] 23/9/2021 07:19

These should now interest more institutions now they are in the Ftse 250, excellent stuff.

[gateside] 23/9/2021 07:07

SDCL Energy Efficiency Income Trust plc is pleased to announce that following the changes in the FTSE UK Index Series announced on 17 September 2021, the Company has been included as a constituent of the FTSE 250 Index.

[rik shaw] 17/9/2021 18:04

'Subject to court sanctioning the scheme of arrangement in relation to the cash offer for John Laing Group (UK, constituent) by Aqueduct Bidco Ltd (non constituent), please see details of affected indexes and effective dates below:
John Laing Group (UK, BVC3CB8) will be deleted from the FTSE 250 Index.
SDCL Energy Efficiency Income Trust (UK, BGHVZM4) will be added to the FTSE 250 Index and deleted from the FTSE SmallCap Index.
All changes are effective from 22 September 2021.'

[rik shaw] 17/9/2021 08:06

Successful fund raising

'..... has determined to increase the target size of the Initial Issue from gross proceeds of GBP175 million to GBP250 million. Accordingly, the Initial Issue will result in the issue of 226,244,343 new ordinary shares in the capital of the Company at the Issue Price of 110.5 pence per share. The Investment Manager remains confident in its ability to efficiently apply the gross proceeds to its broad pipeline of investment opportunities in a timely manner.

.. total applications still significantly exceeded the gross proceeds accepted and therefore a scaling back exercise has taken place. All valid applications received in respect of Qualifying Shareholders' Open Offer Entitlements under the Open Offer will be met in full, whilst applications under the Placing, Offer for Subscription and Intermediaries Offer have been scaled back.'

[nerja] 02/9/2021 08:09

Hells bells,the clue this would happen was in yesterday’s RNS, sold some at 13.75 in the hope of buying back at the placing price, fingers crossed

[gateside] 02/9/2021 07:16

- Initial Issue of approximately of 158,371,040 New Ordinary Shares at 110.5 pence per New Ordinary Shares (the "Issue Price") by way of an Open Offer, Placing, Offer for Subscription and Intermediaries Offer pursuant to the Share Issuance Programme.-- The Issue Price of 110.5 pence represents a 7.8 per cent premium to the Company's 31 March 2021 Net Asset Value (" NAV ") of 102.5 pence per Ordinary Share and a discount of 6.0 per cent to the Company's closing share price of 117.5 pence per Ordinary Share on 1 September 2021 (being the last business day prior to this Announcement);-- Shareholders who qualify for the Open Offer ("Qualifying Shareholders") will be offered the opportunity to participate in the Open Offer on the basis of 1 New Ordinary Share for every 6 Existing Ordinary Shares. Qualifying Shareholders will also be offered the opportunity to subscribe for New Ordinary Shares in addition to their Open Offer Entitlement under an excess application facility.

[gateside] 02/9/2021 07:15

The Board of Directors (the "Board") of SDCL Energy Efficiency Income Trust plc announces a proposed Open Offer, Placing, Offer for Subscription and Intermediaries Offer to raise approximately GBP175 million through an issue of new Ordinary Shares in the capital of the Company at a price of 110.5 pence per share (the "Initial Issue").

[jonwig] 16/7/2021 08:19

Yes, and it's a debt investment, which for projects such as these ought to be a lot safer, but less room for nav appreciation.
(I think that will be their preferred investment style.)

[igoe104] 16/7/2021 07:45

Another nice green investment in the USA...

[jonwig] 24/6/2021 07:14

Results, year to 31/03:



A very sound company, but whopping premium to 102.5p NAV - that could be vulnerable.
Dividends of 5.62p targeted for year to 03/22.

[gateside] 24/6/2021 07:14

Excellent set of results

[gateside] 10/6/2021 11:42

Holding up well. As it went ex dividend today.

[rik shaw] 28/5/2021 07:19

Dividend declaration

'SDCL Energy Efficiency Income Trust plc is pleased to announce the fourth quarterly interim dividend in respect of the three month period ended 31 March 2021 of 1.375 pence per Ordinary Share (which brings the aggregate interim dividends equivalent to 5.5 pence per Ordinary Share for the year ended 31 March 2021). The shares will go ex-dividend on 10 June 2021 and the dividend will be paid on 30 June 2021'

[jonwig] 29/3/2021 07:13

Investment in EV charging networks (EVN):



Logical move for hem.

Incidentally, I read that home charging was likely to be several times cheaper than forecourt or car-park charging. Great if you can fit and use one.

[gateside] 04/3/2021 08:09

So dividend increase of 2.2% for next year