JLEN Environmental Assets Group Ltd Research from QuotedData
29 September 2022 - 6:23PM
RNS Non-Regulatory
TIDMJLEN
JLEN Environmental Assets Group Ltd
29 September 2022
JLEN Environmental Assets - Research from QuotedData
29(th) September 2022
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.
As we show on page 14, JLEN's NAV gains over the past 12 months
have been amongst the best in its sector. We feel that many signs
point to a higher NAV, but share prices across the renewable energy
sector have been weak. It seems likely that this is being driven by
the spike in the UK government's long-term borrowing costs. It is
feared that this could drive up the discount rates used to
calculate the NAVs of all assets valued on a discounted cashflow
basis, such as those in the renewable energy sector.
Full research:
https://quoteddata.com/research/jlen-environmental-assets-further-portfolio-diversification-qd/
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NB:Marten & Co was paid to produce this note on JLEN
Environmental Assets Group Plc and it is for information purposes
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