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The latest announcement is out from Foresight Environmental Infrastructure Limited GBP ( (GB:FGEN) ).
Foresight Environmental Infrastructure Limited (FGEN) is assessing the potential impact of the UK’s proposed changes to the Renewable Obligation (RO) Scheme and Feed-in Tariffs (FiTs) on its Net Asset Value (NAV). The consultation by the UK’s Department for Energy Security and Net Zero suggests two options: an earlier switch from RPI to CPI for inflation indexation or a temporary price freeze. FGEN’s NAV could be reduced by 0.5% or 6.3% depending on the option chosen. The company plans to engage with industry peers to advocate for shareholder interests while supporting the transition to a sustainable energy market.
More about Foresight Environmental Infrastructure Limited GBP
Foresight Environmental Infrastructure Limited (FGEN) invests in environmental infrastructure to deliver stable returns, long-term predictable income, and growth opportunities while promoting decarbonization and sustainability. The company focuses on renewable generation, energy infrastructure, and sustainable resource management, aiming for stable cash flows, secured revenues, and essential service delivery. FGEN is committed to providing a sustainable, progressive dividend per share and potential capital growth.
Average Trading Volume: 1,859,254
Technical Sentiment Signal: Sell
Current Market Cap: £410.8M
Find detailed analytics on FGEN stock on TipRanks’ Stock Analysis page.