tiprankstipranks
Trending News
More News >

Harmony Energy Advances in Asset Sale Negotiations

Story Highlights
Harmony Energy Advances in Asset Sale Negotiations

The latest announcement is out from Harmony Energy Income Trust Plc ( (GB:HEIT) ).

Harmony Energy Income Trust plc has advanced to the final stage of negotiations with a preferred bidder for the sale of its full portfolio of battery energy storage assets. This development, while still requiring shareholder approval and with no certainty of completion, reflects significant interest and progress in the company’s asset sale process, potentially impacting its operational focus and market positioning.

More about Harmony Energy Income Trust Plc

Harmony Energy Income Trust plc focuses on investing in battery energy storage system assets in Great Britain. The company’s investment adviser, Harmony Energy Advisors Limited, has been dedicated to the energy storage sector in Great Britain for over seven years, providing asset ownership, development, and third-party advisory services.

YTD Price Performance: -22.98%

Average Trading Volume: 375,288

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £138.5M

See more data about HEIT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App