SDCL Energy Efficiency Income Trust Plc (GB:SEIT) has released an update.
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SDCL Energy Efficiency Income Trust Plc (SEEIT) reported a net asset value per share of 90.5p for the year ended March 31, 2024, a slight decrease from the previous year, amidst challenging macro-economic conditions. Despite a loss before tax, the company saw a portfolio valuation increase to £1,117 million and declared a stable dividend of 6.24p per share, with a target of 6.32p for the next year. SEEIT, focusing on energy efficiency investments, showed resilience with a successful sale of UU Solar, contributing to a strengthened balance sheet and continued interest from institutional investors.
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