Edison Investment Research Limited Edison issues report on SDCL Energy Efficiency Income Trust (SEIT) 05-Dec-2024 / 12:30 GMT/BST The issuer is solely responsible for the content of this announcement. London, UK, 5 December 2024 Edison issues report on SDCL Energy Efficiency Income Trust (SEIT) Edison issues report on SDCL Energy Efficiency Income Trust (LSE: SEIT). SDCL Energy Efficiency Income Trust (SEEIT) reported robust H125 results. Its net asset value (NAV) increased marginally to 90.6p (90.5p at 31 March 2024), demonstrating resilience and stability despite the c...
SDCL Energy Efficiency Income Trust (SEEIT) reported robust H125 results. Its net asset value (NAV) increased marginally to 90.6p (90.5p at 31 March 2024), demonstrating resilience and stability despite the challenging market conditions. NAV was positively affected by portfolio valuation changes, but offset by FX movements. SEEIT paid a dividend of 3.16p in the six-month period (31 March to 30 September), 1.1x covered by cash inflows. Management also stated that the company is on track to delive...
Edison Investment Research Limited Edison issues report on SDCL Energy Efficiency Income Trust (SEIT) 01-Oct-2024 / 09:20 GMT/BST The issuer is solely responsible for the content of this announcement. London, UK, 1 October 2024 Edison issues report on SDCL Energy Efficiency Income Trust (SEIT) Edison issues report on SDCL Energy Efficiency Income Trust (LSE: SEIT) SDCL Energy Efficiency Income Trust’s (SEEIT’s) interim update (for the six months to 30 September 2024) has highlighted that its operational assets, on a consolidated basis, are performing in line with manage...
SDCL Energy Efficiency Income Trust’s (SEEIT’s) interim update (for the six months to 30 September 2024) has highlighted that its operational assets, on a consolidated basis, are performing in line with management’s expectations and that the portfolio is well positioned for growth. SEEIT is actively pursuing additional financing, co-investment and disposal opportunities to support the capital needs of Onyx and EVN, which are growing ahead of budget. Surplus capital will be used to pay down SEEIT...
Edison Investment Research Limited Edison issues report on SDCL Energy Efficiency Income Trust (SEIT) 28-Jun-2024 / 14:23 GMT/BST The issuer is solely responsible for the content of this announcement. London, UK, 28 Juni 2024 Edison issues report on SDCL Energy Efficiency Income Trust (SEIT) to view the full report. All reports published by Edison are available to download free of charge from its website Edison is authorised and regulated by the . Edison is not an adviser or broker-dealer and does not provide investment advice. Edison’s reports are not solicitations...
SDCL Energy Efficiency Income Trust (SEEIT) recorded a 9% increase in cash from investments in FY24, generating £92.5m (FY23: £85.1m), ensuring its DPS of 6.24p was fully covered by cash 1.1x. The board guided a target dividend of 6.32p per share for FY25 (9.5% prospective yield). The portfolio valuation stood at £1,117m (4.8% increase from H124 and 1.6% from FY23). Both SEEIT’s NAV and NAV per share remained flat for FY24, at £982m and 90.5p/share, compared to H124, with the majority of the red...
Edison Investment Research Limited Edison issues report on SDCL Energy Efficiency Income Trust (SEIT) 10-Jun-2024 / 09:04 GMT/BST The issuer is solely responsible for the content of this announcement. London, UK, 10 Juni 2024 Edison issues report on SDCL Energy Efficiency Income Trust (SEIT) to view the full report. All reports published by Edison are available to download free of charge from its website Edison is authorised and regulated by the . Edison is not an adviser or broker-dealer and does not provide investment advice. Edison’s reports are not solicitations...
In this note we examine five key questions investors have raised regarding SDCL Energy Efficiency Income Trust (SEEIT), prior to the release of its full-year results (for the year ended March 2024) at the end of June 2024 and provide our answers and analysis. The questions focus on dividend security, discount to NAV, management’s strategies for closing the discount, asset valuations and where SEEIT differs to its peers. SEEIT is an investment trust focused on delivering energy and energy efficie...
Edison Investment Research Limited Edison issues flash on SDCL Energy Efficiency Income Trust (SEEIT): H1 results confirm attractive potential total return 06-Dec-2023 / 16:01 GMT/BST The issuer is solely responsible for the content of this announcement. London, UK, 6 December 2023 Edison issues flash on SDCL Energy Efficiency Income Trust (SEEIT): H1 results confirm attractive potential total return SDCL Energy Efficiency Income Trust (SEEIT) has taken a prudent approach to discount rate adjustments in the period, leading to a 10.9p reduction in net asset value (NAV) per...
SDCL Energy Efficiency Income Trust (SEEIT) has taken a prudent approach to discount rate adjustments in the period, leading to a 10.9p reduction in net asset value (NAV) per share from 101.5p to 90.6p. This was largely driven by a 100bp increase in the weighted average unlevered discount rate to 8.7%. The portfolio valuation at the end of H124 stood at £1,066m and investment cash inflow from the portfolio was £47m (a c 9% increase from H123). SEEIT has declared a total aggregate dividend of 3.1...
SDCL Energy Efficiency Income Trust (SEEIT) is an investment trust focused on delivering energy and energy efficiency as a decentralised service directly to end users rather than supplying into the broader power grid. Its income comes from a range of services and is driven by cutting losses in energy generation, transmission and use. It has delivered a total NAV return of 7.2% pa (3.5p in NAV terms) since IPO in December 2018 and its 6p/share dividend is 1.2x covered, representing an attractive ...
GCP Infrastructure Investments - Share buyback announcedSDCL Energy Efficiency Income Trust - Company update ahead of CMDSequoia Economic Infrastructure Income - Monthly NAV updateTriple Point Energy Transition - RCF term extendedSupermarket Income REIT - Sale of Sainsbury’s Reversion Portfolio (SRP) interestLiteracy Capital - Portfolio realisation with +3.7% NAV impact
Inflation has now persisted beyond most people's 2021 expectations for a “short term blip” following the COVID crisis, and investors are increasingly under pressure to generate positive real returns in the first highly inflationary (i.e., >5%) environment since 1991. We expect a degree of asset price volatility to continue across all asset classes for quite some time. In this note we look at the factors behind the current inflationary environment, evaluate which ones are likely to persist and ...
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