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TLEP Thomaslloyd Energy Impact Trust Plc

84.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Thomaslloyd Energy Impact Trust Plc LSE:TLEP London Ordinary Share GB00BLBJFZ25 ORD USD0.01
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 84.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 84.00 GBX

Thomaslloyd Energy Impact (TLEP) Latest News

Thomaslloyd Energy Impact News

Date Time Source Headline
22/1/202414:09UKREGAsian Energy Impact Trust PLC Unaudited Interim Results to 30 June 2023
22/1/202413:59UKREGAsian Energy Impact Trust PLC Audited Results to 31 December 2022

Thomaslloyd Energy Impact (TLEP) Discussions and Chat

Thomaslloyd Energy Impact Forums and Chat

Date Time Title Posts
16/8/202310:14Anybody Else Holding This?10

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Thomaslloyd Energy Impact (TLEP) Top Chat Posts

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Posted at 24/4/2023 11:06 by cc2014
In the process of preparing its annual report and accounts for the year ended 31 December 2022 ("2022 Accounts"), the Company has been made aware of material uncertainty regarding the fair value of certain of its assets and liabilities. This uncertainty relates, in particular, to the 200 MW construction-ready asset owned by SolarArise where price rises in relation to the components and construction costs of the 200 MW plant indicate that additional equity is likely to be required in order to construct the project, potentially decreasing the project returns and its commercial viability. In addition, the Company wishes to undertake further work to assess the quantum of certain of its liabilities.

SolarArise is the Delhi-based renewable energy platform owned by the Company which, in turn, owns seven solar power projects in India with capacity totalling 434 MW, of which 234 MW is operational and 200 MW is the construction-ready asset referred to above. On the basis of the 100% interest in the project now held by the Company, the 200 MW construction-ready asset was valued as at 30 September 2022 at US$13.9m, prior to provision for any non-completion penalties. Any reduction to the fair value of the Company's assets, or any adjustments to the quantum of the Company's liabilities will affect the Company's net asset value.


Ok, so my burning question is how can a construction ready project be valued at $13.9m?

If it's construction ready that means to me they haven't started building it. I suppose they could have already bought the solar panels by Sept 22 but they would have known about the cost inflation then. I suppose it could include the cost of legal permission to build it an the design but that wouldn't come to anything like that sort of number

But it does say that price rises mean it can't construct the project for the original amount. Has it started or not? It says it doesn't know the extent of it's liabilities.

I give up. Maybe I'm being obtuse but why do RNS's have to be so oblique? And if the price rises mean the project is now not going to happen because they haven't got the equity to do it or have to find a partener or instead not do another project is it possible their $13.9m is worth significantly less than that second-hand.
Thomaslloyd Energy Impact share price data is direct from the London Stock Exchange

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