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Gresham House Renewable Energy VCT 1 PLC ( (GB:GV1O) ) just unveiled an update.
Gresham House Renewable Energy VCT 1 PLC is currently negotiating the sale of its remaining solar assets, a process potentially impacted by a recent government consultation on changes to inflation indexation in the Renewables Obligation scheme. This consultation may alter the transaction structure and reduce net sale proceeds, possibly delaying the sale completion from Q4 2025 to Q1 2026. Consequently, the company has changed its accounting reference date to 31 March 2026 to align with the new timeline and its subsequent voluntary liquidation plans.
More about Gresham House Renewable Energy VCT 1 PLC
Gresham House Renewable Energy VCT 1 PLC operates in the renewable energy sector, focusing primarily on solar assets. The company is involved in managing and selling these assets, with a market focus on sustainable energy solutions.
Average Trading Volume: 1,900
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.94M
For a thorough assessment of GV1O stock, go to TipRanks’ Stock Analysis page.