JLEN Environmental Assets - Further portfolio diversification

In recent weeks, JLEN Environmental Assets Group (JLEN) has further diversified its portfolio with three new investments, a battery storage project and two investments in the low carbon and sustainable solutions portion of its portfolio; a controlled environment aquaculture facility in Norway; and a UK glasshouse construction project drawing low-carbon heat and power from an existing anaerobic digestion plant owned by JLEN.
In an environment of volatile energy prices and uncertainty over the shape of future electricity market reforms, investors may be reassured by the breadth of JLEN’s portfolio and the managers’ ability to find new ways of adding value. JLEN’s NAV gains this year have been amongst the best in its sector. There are some factors that might support a higher NAV, but share prices are now falling, perhaps because investors are concerned about the prospect of higher discount rates.