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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Vh Global Sustainable Energy Opportunities Plc | GSEO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.40 | 0.58% | 68.80 | 11:40:40 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 68.40 | 68.20 | 69.40 | 68.40 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Top Posts |
|---|
Posted at 05/4/2024 12:18 by speedsgh Annual results for the year ended 31 December 2023 - "The portfolio is now 58% operational and by early 2025, this current portfolio is expected to be fully operational." "The Board firmly believes the discount to NAV at which GSEO's shares trade materially undervalues the Company... As such, post period end, the Board extended the [buyback] programme by a further £10m to a total of £20m as it believes this to be in the best interest of shareholders whilst also balancing the need to maintain a strong balance sheet. As the interest rate environment becomes clearer and rates start to fall, we expect investor interest to return to the sector, and, specifically to GSEO, due to the strong fundamentals and compelling long-term investment strategy GSEO offers." "...the Company's pipeline of new opportunities remains robust and is only constrained by its ability to raise further capital to deploy into new investment programmes." "Based on the underlying free cash flow generation of the portfolio programmes, dividend coverage is expected to be 1.1 to 1.2 times in 2024 rising and strengthening further in subsequent years." |
Posted at 25/5/2023 04:16 by rambutan2 Noting that as yet, no debt at any level, and that only 56% of nav operational. So lots of earnings power yet to kick in: |
Posted at 29/3/2023 03:49 by rambutan2 Onwards and upwards: |
Posted at 13/6/2022 10:38 by speedsgh Share Issuance Programme prospectus now available on company website... |
Posted at 08/12/2021 12:29 by nexusltd @ GBColI don’t know what battery technology is being used. GSEO is shaping up to be an opportunistic energy investor, seeking & finding niches where they hope to improve on typical energy pricing by offering enhanced services. I do note that institutional investor Sarasin & Partners have bought 10% GSEO in the placing (>31m shares); essentially they took up 45% of the placing. |
Posted at 01/12/2021 13:09 by speedsgh Result of Placing - The Board of VH Global Sustainable Energy Opportunities plc ("GSEO" or the "Company") is pleased to announce that the Company has raised a further £70 million pursuant to the placing (the "Placing") announced on 8 November 2021 (the "Placing Announcement"). Accordingly, the Company will issue a total of 68,965,518 New Ordinary Shares at the placing price of 101.5 pence per New Ordinary Share. GSEO intends to use the net proceeds of the Placing to invest in its enhanced pipeline of assets which are high quality and diversified by geography and technology. Bernie Bulkin, Chair of the Company, commented: "Taking the £70 million that has been committed as part of the Placing means that we have successfully raised over £312 million since the Company was launched in February this year. The capital raised, coupled with the strong pipeline of opportunities that we have already identified, should allow us to maintain our strong investment momentum into 2022. I would like to thank our existing investors for their continuing support and welcome those new investors to our shareholder register. As economies around the world reassess their approaches towards a net-zero carbon future following COP26, the Company is both well positioned, and well capitalised, to continue its leadership role, driving the energy transition while making a positive impact on the environment and the local communities in which we invest." |
Posted at 17/11/2021 23:02 by octaviab Honestly, these message boards seem to be full of people who are generous and helpful with advice. You included, Nexus. All of whom are speedier with their replies than my main broker (Interactive Investor) who have yet to reply to the message I sent them on Monday morning…In the event, I decided not to bother with them and bought in the market yesterday at 101.7p, so only a bit more than the placing price. Of course, Interactive have now sent out a notice saying that their customers can participate after all. Given that this didn't happen earlier, I do wonder whether the bad publicity about Victory Hill not accommodating private investors better prompted them to make these arrangements. |
Posted at 15/11/2021 09:41 by octaviab Thank you so much for your very helpful reply. I quite agree that it is rather irritating that they don’t make things easier for their existing investors. Since posting my previous message, I caught up on the latest weekly update from QuotedData. Rather gratifyingly, James Carthew who presents that weekly show, also took GSEO to task for not making this placing available to retail investors. Perhaps they will eventually start to make themselves more amenable to us…I think I will follow your example and just top up in the market, as I agree with you that the price is likely to bump up again after the placing. |
Posted at 15/11/2021 00:00 by octaviab GBCol, I'm appreciate some practical advice on how to participate in this placing.The Placing Document says: "Qualified investors are invited to apply for New Ordinary Shares by contacting Numis on the contact details below. It is intended that New Ordinary Shares will be allocated so that applications from existing Shareholders ("Existing Shareholders") are given priority over other applicants, with a view to Existing Shareholders being allocated such percentage of New Ordinary Shares as is as close as possible to their existing percentage holding of Ordinary Shares." I'm an existing shareholder within my SIPP having applied for the original holding through that broker. How will you go about taking part in this placing - does one actually have to ring up the person mentioned at Numis...? |
Posted at 20/6/2021 03:54 by rambutan2 28 May 2021VH Global Sustainable Energy Opportunities commits $63m to Brazilian solar power programme Initial funding commitment aims to participate in the fast-growing solar generation sector in Brazil VH Global Sustainable Energy Opportunities plc ("GSEO") - a GBP243m London-listed Investment company - is proud to announce a $63m commitment to fund the construction of 18 remote distributed solar generation projects across ten Brazilian states with a total capacity of 75MW. Brazil is a Key Partner of the OECD and one of the world's fastest growing energy markets. An initial tranche of $4m will fund the construction of four projects across Rio de Janeiro, which once operational will provide 5MW of energy to a combination of local communities and regional utilities. The initial tranche will be followed by a second $24m tranche in June to fund up to eight projects across Sergipe, Rio Grande do Norte, Paraiba, Mato Grosso do Sul, Piaui, Bahia and Para, which will provide 28MW of energy. The remaining $35m will be deployed by August across Rio de Janeiro, Minas Gerais, Bahia and Sao Paulo to build six solar projects which will generate 42MW of power. The fully-equity funded projects are at the ready-to-build stage and are expected to be operational in less than six months from investment. Once operational, the expected annual returns will exceed the Company's target annual dividend yield of 5% and total return of 10%. An independent assessment of the project, as per the process, has concluded that it is compliant with the Company's six relevant Sustainable Development Goals - goals 3, 7, 8, 9 13 and 17 - and will do no significant harm in the context of the remaining eleven goals. GSEO is partnering with developer Energea Global LLC, which has a proven track record in developing and operating distributed power generation assets in Brazil. The aim of this investment is to support and accelerate the growth of a sustainable energy system in Brazil by improving and securing localised access to clean energy and helping to lower Brazilian energy prices. The projects involve building solar PV farms to supply energy to creditworthy commercial and industrial energy users, as well as large multinational corporations with operations in Brazil. About half of the total production capacity is to be contracted with a multinational telecoms company. The lengths of the contracts will be 20 years on average and will be inflation-linked. Approximately 37% of the net proceeds raised on IPO are currently committed to the Enhanced Pipeline Assets. Eduardo Monteiro, Co-Chief Investment Officer of Victory Hill Capital Advisors LLP ("Victory Hill"), investment adviser to GSEO, said: "As promised to investors, this funding commitment marks the beginning of a very exciting journey for the Company in Brazil, where we can support real and lasting improvements in the country's energy infrastructure. Brazil is experiencing rapid growth in its energy sector and there is significant potential for investors with the right expertise to help contribute to the country's growth with cleaner and reliable sources of power." Mike Silvestrini, Managing Partner at Energea, said: "Brazil is one of the most exciting markets in the world when it comes to distributed generation and we are proud to have the backing of an experienced team at Victory Hill to develop further distributed solar power generation across the country. Right now, Brazil has the attractive combination of enabling policy landscape, strong energy economics and high degrees of customer adoption, marking it as a prime opportunity for investors looking to have a positive impact on the world and help battle the climate crisis." |
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