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Gresham House Renewable Energy VCT 2 PLC Updates on Asset Sale and Accounting Date

Story Highlights
  • Gresham House Renewable Energy VCT 2 PLC is negotiating the sale of its solar assets.
  • The sale may be delayed due to government consultation, affecting transaction structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gresham House Renewable Energy VCT 2 PLC Updates on Asset Sale and Accounting Date

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Gresham House Renewable Energy VCT 2 PLC ( (GB:GV2O) ) just unveiled an update.

Gresham House Renewable Energy VCT 2 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 to Q1 2026. Additionally, the company has changed its accounting reference date to 31 March 2026 to align with its asset sale timeline and subsequent voluntary liquidation.

More about Gresham House Renewable Energy VCT 2 PLC

Gresham House Renewable Energy VCT 2 PLC operates in the renewable energy sector, focusing on solar energy assets. The company is involved in managing and selling these assets, with a market focus on sustainable and renewable energy solutions.

Technical Sentiment Signal: Sell

Current Market Cap: £1.99M

Learn more about GV2O stock on TipRanks’ Stock Analysis page.

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