RCS - JLEN Environmental - Research from QuotedData
29/09/2022 17:23
For best results when printing this announcement, please click on link below: http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220929:nRSc2383Ba&default-theme=true RNS Number : 2383B JLEN Environmental Assets Group Ltd 29 September 2022 JLEN Environmental Assets - Research from QuotedData 29(th) September 2022 Further portfolio diversification In recent weeks, JLEN Environmental Assets Group (JLEN) has further diversified its portfolio with three new investments, a battery storage project and two investments in the low carbon and sustainable solutions portion of its portfolio; a controlled environment aquaculture facility in Norway; and a UK glasshouse construction project drawing low-carbon heat and power from an existing anaerobic digestion plant owned by JLEN. In an environment of volatile energy prices and uncertainty over the shape of future electricity market reforms, investors may be reassured by the breadth of JLEN's portfolio and the managers' ability to find new ways of adding value. As we show on page 14, JLEN's NAV gains over the past 12 months have been amongst the best in its sector. We feel that many signs point to a higher NAV, but share prices across the renewable energy sector have been weak. It seems likely that this is being driven by the spike in the UK government's long-term borrowing costs. It is feared that this could drive up the discount rates used to calculate the NAVs of all assets valued on a discounted cashflow basis, such as those in the renewable energy sector. Full research: https://quoteddata.com/research/jlen-environmental-assets-further-portfolio-diversification-qd/ (https://quoteddata.com/research/jlen-environmental-assets-further-portfolio-diversification-qd/) This research is also available free on our website www.quoteddata.com (http://www.quoteddata.com) where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required. NB:Marten & Co was paid to produce this note on JLEN Environmental Assets Group Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors. QUOTEDDATA 123a Kings Road | London SW3 4PL Tel: +44 (0) 20 3691 9430 www.quoteddata.com (http://www.quoteddata.com) | research@quoteddata.com (mailto:research@quoteddata.com) | www.martenandco.com (http://www.martenandco.com) This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com (mailto:rns@lseg.com) or visit www.rns.com (http://www.rns.com/) . Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy) . END NRASEEFMUEESEEU