The Renewables Infrastru... Share Discussion Threads

[keyno] 28/1/2020 09:55

You haven't upset me, nerja. Good luck with your investments.

[nerja] 28/1/2020 09:47

Keyno, I have NEVER shorted , I don’t believe in it, I sold out of all the funds this morning and by the time I posted the info peeps could have bailed out at higher prices than they are now, not that that matters the real point is the possible 40% drop.
The argument put forward by the author is quite startling, I built up positions in these funds for my retirement thinking they would be safe growing nav assets and see a different view that may or maybe not come true so I sold out of them all to take stock.
Any way like I said did not want to upset you or anyone just posted real info

[keyno] 28/1/2020 09:39

eeza: I don't mind knowing about the Citywire article at all. We shall agree to differ about the rest.

[eeza] 28/1/2020 09:28

Probably because it's relevant to all 4 threads.
Perhaps you would rather not know.

[keyno] 28/1/2020 09:22

eeza: He's posted the same message to 4 threads. Why would he do this if, as he claims he's sold out of TRIG, unless he had a vested interest? I don't mind shorters but I am aware of wolves in sheep's clothing. Plenty of them on these boards.

[nerja] 28/1/2020 09:13

Keyno sorry to upset you, I can assure you I have taken a beating on all of them funds, I did think others may want the info just in case the authors case happens

[eeza] 28/1/2020 09:09

I wouldn't call relevant information to be spamming.

[keyno] 28/1/2020 08:57

I see you've spammed the citywire article to other "renewable" threads, nerja. So nice of you to be concerned.

[rik shaw] 28/1/2020 08:56

Electricity prices may reduce in 20-30 years time but I am happy to accept the dividends for the next few years.

[nerja] 28/1/2020 08:42

I noticed the report after hours last night, but these funds have been dripping down the last few trading days, HMMM I got out of them first thing ,but it don’t paint a pretty picture

[roddiemac2] 28/1/2020 08:38

Thank you nerja.

[roddiemac2] 28/1/2020 08:33

nerja,

link not working

[nerja] 28/1/2020 08:31

(Update) Investors in London’s expensive listed renewable energy funds are at a risk of a 43% share price fall and a 33% drop in asset values due to the slide in long-term power forecasts, JPMorgan Cazenove has warned.

Strong investor demand for their reliable dividends and environmentally friendliness has pushed shares in London’s six wind and solar power investment companies to an average 16% premium above their underlying net asset values (NAV).

But UK investment companies analyst Christopher Brown said the double-digit premiums of companies in the £9bn renewables sector were unsustainable in face of mounting evidence that growth in carbon-free energy would slash the cost of electricity in the next 20-30 years.

While that's good news for consumers and the planet, it is bad news for funds generating most of their revenues from selling electricity into the wholesale market, said Brown and fellow analyst Adam Kelly.

[jonwig] 28/1/2020 08:30

Try this, clickable:


Thanks for that nerja - I missed it. A broker warned me back in December that these premiums were fickle, even if the story was convincing.

[dmdmdmdm1] 28/1/2020 08:26

What is the gist of that story? I cant see the content

[nerja] 28/1/2020 08:21

Renewable funds could plunge 40% on ‘cannibalisation’ threat, say JPM analysts

hxxps://citywire.co.uk/investment-trust-insider/news/renewable-funds-could-plunge-40-on-cannibalisation-threat-say-jpm-analysts/a1317406?ref=investment-trust-insider-latest-news-list

[woodhawk] 27/1/2020 13:26

I just did that very thing.

[neilyb675] 27/1/2020 13:07

buy into weakness, this is a quality outfit

[petewy] 21/1/2020 10:08

Thanks Jonwig. Good article. Futuristic.

[jonwig] 21/1/2020 09:15

The Telegraph (and others) carried a story recently: "Wind farms paid up to £3 million per day to switch off turbines". This related mainly to Scotland, where thre is a big concentration of farms over-generating and therefore wasting money. The implication is that they shouldn't be paid these so-called "constraint payments".

As usual, there's more to it than that, and this quite serious article explains the situation:

[carpingtris] 21/1/2020 08:58

The Board of TRIG is pleased to announce that the Company has exchanged contracts to acquire a 100% interest in Blary Hill Energy Limited ("Blary Hill" or "the Project"), with the rights to construct a 35MW wind farm located on the Kintyre Peninsula, West Scotland. The investment is expected to complete during Q1 2020. The project, developed by RES, will consist of 14 Nordex N90 turbines. RES will construct the project, under a fixed price EPC Contract. Construction is expected to start this quarter and the Project is expected to commence operations in Q1 2022. RES will provide asset management services. The Project will create more than GBP3.9 million of inward investment for the local economy during the wind farm's construction and first year of operation.

The Project's revenues will be from selling power into the wholesale market without subsidy and as a result is being funded without any third-party project level debt.

Once constructed, the Project would represent approximately 2.5% of TRIG's portfolio value on a committed investment basis. Following this acquisition, the percentage of TRIG's assets which are in construction would be approximately 8%.

[dc74] 02/1/2020 11:19

Tipped in the times today as one of that shares of 2020 by Tempus