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Triple Point Energy Efficiency Infrastructure Company PLC ( (GB:TENT) ) has shared an announcement.
Triple Point Energy Transition PLC has completed the sale of its last remaining investments, including a hydro-electric portfolio and LED receivables finance agreements, for £44.1 million. This marks the near completion of its managed wind down strategy within a year, achieving 89% of the portfolio’s carrying value in a challenging market. The company plans to announce how it will return this value to shareholders shortly.
More about Triple Point Energy Efficiency Infrastructure Company PLC
Triple Point Energy Transition PLC is an investment trust focused on assets that support the transition to a lower carbon, more efficient energy system, aiding the UK in achieving Net Zero. Managed by Triple Point Investment Management LLP, the company specializes in energy transition and decentralized energy projects, handling private, institutional, and public capital.
YTD Price Performance: 0.89%
Average Trading Volume: 196,239
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £45.51M
See more data about TENT stock on TipRanks’ Stock Analysis page.
