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| 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 | 01:00:00 |
| 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) Share Charts1 Year Thomaslloyd Energy Impact Chart |
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1 Month Thomaslloyd Energy Impact Chart |
Intraday Thomaslloyd Energy Impact Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 16/8/2023 | 11:14 | Anybody Else Holding This? | 10 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
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Posted at 24/4/2023 12:06 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. |
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