The JLEN Environmental Assets Group has seen the value of its portfolio increase more than £100m to £678.8m in the six months to the end of September.
Its NAV per ordinary share increased to 98.4p, driven by an upward revision of the power price forecast and above forecast inflation, the company said. Since the listed environmental infrastructure fund completed its IPO, it has had a share price total return of 63.6%. It has decalred an interim dividend of 1.70p, making total dividend declared for the six months to 30 September 2021 of 3.40p "The portfolio has performed well, in both operational and financial terms, bolstered by significant increases in projected power prices and despite some challenges due to exceptionally low ...
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