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Gresham House Renewable Energy VCT 1 PLC ( (GB:GV1O) ) just unveiled an announcement.
Gresham House Renewable Energy VCT 1 PLC announced its full-year results for the period ending September 2024, amidst a managed wind-down of its asset portfolio. The company has been working towards selling its remaining solar and wind assets, with significant progress being made on the transaction. Despite technical challenges and a decrease in net asset value due to dividends and market conditions, the company’s focus remains on maintaining its VCT status and completing the asset sale by late spring 2025. The annual general meeting for 2025 is scheduled for March 18, and no dividends will be declared until the asset sale is finalized.
More about Gresham House Renewable Energy VCT 1 PLC
Gresham House Renewable Energy VCT 1 PLC is a company operating within the renewable energy sector, specifically focusing on investments in solar and small wind assets. The company is engaged in managing and realizing its portfolio of renewable energy assets, targeting optimal yields while minimizing costs as it undergoes a managed wind-down process.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.94M
See more data about GV1O stock on TipRanks’ Stock Analysis page.