Yield on these is one of the best now and covered enough according to prospectus. Scotland independence is causing uncertainty as will an independent Scotland honour its contracts with Infinis which has a strong presence in Scotland for power generation...
THESE SHARES SEEM TO BE SET AT A LEVEL ASSUMING WIND POWER ARMAGEDDON. YESTERDAY'S STATEMENT IMPLIED THAT SUBSIDIES FOR EXISTING ONSHORE WINDFARMS WILL BE HONOURED EVEN IF THE TORIES GET BACK IN AND FLOTATION PRICE WAS SEEN AS ROCK BOTTOM AT 260P IN VIEW OF POTENTIAL YIELD. WHAT HAS CHANGED?
There is a lot of suspicion about whether UK Govt is really committed to the renewables sector but unless they're going to default on their legal obligations they are going to need companies like Infinis to help them achieve their targets. In the meantime a yield of 7.5% suits me just fine.
Thanks for that. I originally bought in for the dividend and thought we would have heard something more about it by now. Its frustrating watching the price drop with no concrete info. I'll sit tight for now and hope for the best.
Does anyone have any any insight into why Infinis shares have been steadily going down, albeit slowly.
There doesn't appear to be an adverse news. Company profits are reasonable, Dividend payouts will be very reasonable when they are going to be paid. Since Barclays rating of 3.10 overweight and the prices reaching 2.70 they just seemed to fall with no reason as far as I can tell !! Is it market confidence, Anyone ?? Cheers
Infinis Energy plc wins European Onshore Wind Deal of the Year for refinancing of its 274MW operational wind portfolio. Infinis has been announced as the winner of Project Finance magazine’s European Onshore Wind Deal of the Year for the successful £330m refinancing and consolidation of a portfolio of 16 onshore wind sites in the UK. The deal, which closed in October 2013, comprised a single new senior debt facility of £296m and ancillary facilities of £33.5m. Proceeds were used to refinance 10 existing project finance facilities markedly reducing the complexity of the business structure and the interest expense. The structure of the deal also released cash resources trapped within the previous debt facilities, granting the company additional balance sheet flexibility. The financing was completed five weeks before Infinis’ successful IPO on the London Stock Exchange. With its solid pipeline of future wind farm development, Infinis will take the experience of this deal forward as it looks to finance projects in the future. Eric Machiels, CEO commented: “We are really pleased that Project Finance Magazine has recognised the quality of the refinancing deal we concluded in October. It is a testament to the maturity of the onshore wind sector, the confidence which lenders have in Infinis and the dependability of our future revenues. As a newly listed company we will look to build on this deal and use it as a blueprint for future financings.” NOTES TO EDITORS About Infinis The Infinis group is the UK's leading independent generator of renewable power . It employs approximately 365 people and operates 147 power plants with an aggregate generating capacity of 621MW , comprising:  121 landfill gas sites (330MW)  16 onshore wind farms (274MW)  10 hydro sites (17MW) Infinis is the largest generator of electricity from landfill gas in the UK, with a market share of about 40% , and is one of the leading owners and operators of onshore wind farms in the UK. Infinis has an attractive pipeline of development opportunities which are at various stages of consent and planning.
INFINIS ENERGY PLC (Symbol:INFI) Inclusion in the FTSE Midcap 250 index Infinis Energy plc, the UK’s leading independent renewable power generator, is pleased to announce that the FTSE Group yesterday approved the inclusion of Infinis Energy plc as a constituent of the FTSE 250 index. This change will be implemented at the close of business on Friday, 21 March 2014 and take effect from the start of trading on Monday, 24 March 2014. On 20 November 2013, Infinis Energy plc was admitted to the premium listing segment of the Official List of the UK Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange.
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