Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
massive divi,company in profit and non exec director from TF stepping down to manage withdrawl=found a buyer??
Solid results, massive dividend but share price will not reflect true value until Terra Firma are out of the way. It's very irritating that the process to find an exit is taking so long.
12.20p payable 7th August 2015.
Having been a particularly windy year up in the North of the UK, does this mean that Infinis's electricity income will be up again. Jet Stream seems to be affecting us more and more, (by global warming, Arctic nuclear activity or whatever). Therefore, Windpower is an ideal way of harnessing the Jet Stream affect. (Akin to more equatorial countries harnessing Solar Power). SNP seems to understand this, I'm sure the UK government will too. Seems a good time to get into this share.
Can't believe how low this has gone. Hopefully the next rally we can look forward to will be just before the next dividend announcement. Last time we saw the SP go to 239 ( despite the announcement to sell the remaining interest ) Apparently the rules are if more than 1 percent of a companies controlling stake is being sold the seller must declare their intentions to sell. wouldn't it be better to sell smaller amounts and trickle feed the market whilst retaining the SP ??
Hands is an autistic pr..k who flogged 30% of this thing at 9x EBITDA which is too high. It's now on 8x odd which is just about ok. But the dividend won't last forever as the landfill gas declines. But what to do with the other 70%!!
I have a lot of respect for Guy Hands. Out of this respect, I purchased about 50K worth of shares at launch. I can't understand the plan to drive down the share price to this daft level, when T/F know perfectly well that Infinis is amongst the best managed outfit in the 250. I'm an experienced investor, AM I MISSING SOMETHING, I hope so. Come on Guy, you owe your shareholders an update and an explanation. In short, what's your game???
Christ this thing is poor! It's a battle of overhang vs value and trouble is it's still not cheap enough.
I own a lot of these shares bought at around this level. Doesn't look hugely compelling on EV/EBITDA but yield is okay pro tem - it'll be cut in due course - and well managed. But abortion of a share price performance though.
As an invester from the start watching a diminishing 40 k investment I think i speak for many when i ask for an update. We have had a lot of ups and downs and then just after we got through the risk of devolution ( which we knew was a risk ) we have Guy Hands unconsidered announcement single handedly slashing the value of our shares ( and his own ) nice one Guy !!. Please may we have a status update ?
The Power Purchase Agreement (PPA) follows similar transactions already in place with Marks & Spencer to supply the retailer with renewable power from Infinis’ onshore wind farms. Eric Machiels, chief executive of Infinis Energy, said: “We are delighted that Lloyds Banking Group has chosen to source its renewable power from Infinis. Not only is this an important win for Infinis but Lloyds is among the leaders in responsible business practices and we are delighted to help them play a role in the acceleration to a sustainable low carbon economy”. “Corporations are becoming increasingly sophisticated in their understanding of the energy market and how they can interact with it. There is tremendous scope to expand and deepen the use of this particular PPA model which provides Infinis with guaranteed and stable revenues despite the volatile power markets. This is an excellent example of our strategy to seek secure, long-term supply agreements with our partners.” The terms
Infinis Energy Plc, a U.K.-based clean-energy developer backed by Guy Hands’s private-equity firm, signed a deal to supply Lloyds Banking Group Plc with renewable power from landfill gas sites. Lloyds will buy about 113,800 megawatt-hours of clean energy from Infinis every year for 10 years. That’s enough to power about 1,700 of its branches, Infinis said in an e-mailed statement. No terms were disclosed. “Corporations are becoming increasingly sophisticated in their understanding of the energy market and how they can interact with it,” Eric Machiels, chief executive of Infinis, said in the statement. “There is tremendous scope to expand and deepen the use of this particular power-purchase agreement model, which provides Infinis with guaranteed and stable revenues despite the volatile power markets.” Infinis on Feb. 16 said it’s set to deliver as much as 150 megawatts of onshore wind power by 2017. Hands’s Terra Firma Capital Partners Ltd. in December said it’s considering selling its 68.6 percent stake in Infinis.
They are falling because the power price is weak but mainly because Terra Firma has said it is examining options for selling and so the mkt is driving down the price in anticipation of this. Not great but div is still probably okay (for now) and so big yield at this price although probably not great intrinsic value as EV/EBITDA ratio is still quite high.
Can anyone advise why the Infinis SP fell so much in the last few days? What changed in the last few days, other than the SP. Thanks.
Does any one have any insight on Infinis? How long is the bid period? what if scenarios would be great if one of you educated share people have the time and inclination to share;0)
Infinis in Bid situation talks terra Firma-Backed Infinis Profit Rises 18% on Windy Weather Guy Hands’s Terra Firma Capital wants to sell shares..
Hangover for Infinis: There is nothing like thwarted self-interest to spur City heavyweights into claiming the moral high ground. Last week, Guy Hands, tax exile and Boss of Terra Firma, the private equity group that owns 68% of waste-and-wind-farm group Infinis Energy, accused the government of bowing to noisy Tory Nimbies and their dislike of wind turbines. The government was attacking the wind industry when it should support it, he said. For City folk, that was understandable. Mr Hands might be raising money for a new renewables fund and Infinis’ shares have fallen a fifth since they were floated just 13 months ago. But then, on Monday, Terra Firma announced formally that it was flogging its remaining Infinis shares — worth now about £450 million — leaving the market wondering what world Mr Hands inhabits. Terra Firma bought Infinis for £51 million 10 years ago. Its holding is well past its private equity sell-by date. But that hardly needed spelling out, at least to stock market professionals. Now, the auction will hang over Infinis shares until the deal is done. There now seems little chance of a Christmas rally for its investors — including Terra Firma. So where is the self-interest in that? If Terra Firma is to start auctioning off its controlling stake in Infinis, it is only fair that everyone should know about it.
Delivery of our growth plans with new funding facilities of £52 million in place for the construction of A'Chruach wind farm (43MW) and binding agreements signed to supply turbines, balance of plant services and a 15 year power purchase agreement; · Work on site has commenced and A'Chruach is expected to be in operation by 31 March 2016; · Procurement processes have commenced in support of the development and construction of Galawhistle wind farm (up to 55 MW); · Interim dividend of 6.1p / share (equivalent to £18.3 million).
With Fantastic broker ratings like this Will Infinis ever realise their potential?? Still trading well below value? November 2014 - Liberum Capital 13/11 Reiterates Buy Target 270.00p RBC Capital Markets 07/11 Reiterates Outperform Target 260.00p Barcays Capital 07/11 Initiates/starts Overweight 275.00p Beaufort Securities 06/11 Retains Buy
We have delivered a solid operational performanc e for the Period, driven by our landfill gas (“LFG”) business which has partially offset lower wind speeds experienced by our onshore wind business. We are pleased with our LFG business which continues to perform well
Infinis Energy 7% income. 29 Jul '14 Infinis Energy, which joined the market last year and claims to generate 7% of the country’s renewable power. Assets include 121 landfill gas sites and 16 wind farms. These shares have flotation price 260 last year , giving a market cap of £780m. In the group’s flotation document, a £55m annual dividend – about 18.3p per share – was projected. And if that sum is paid, buyers at 212.90 would receive a 7% i+ ncome.
Infinis Energy 7% income. 29 Jul '14 Infinis Energy, which joined the market last month and claims to generate 7% of the country’s renewable power. Assets include 121 landfill gas sites and 16 wind farms. These shares have flotation price 260 last year , giving a market cap of £780m. In the group’s flotation document, a £55m annual dividend – about 18.3p per share – was projected. And if that sum is paid, buyers at 212.90 would receive a 7% i+ ncome.
Infinis Energy 7% income. 29 Jul '14 Infinis Energy, which joined the market last month and claims to generate 7% of the country’s renewable power. Assets include 121 landfill gas sites and 16 wind farms. These shares have flotation price 260 last year , giving a market cap of £780m. In the group’s flotation document, a £55m annual dividend – about 18.3p per share – was projected. And if that sum is paid, buyers at 260p would receive a 7% income.
Marooned around 2.60 ?? Actually been in the doldrums 2.10 to 2.40 range, rising and falling. I hold these and with an 8 - 9% present yield projection and that could be a bargain ......... BUT alot depends on the Scottish referendum result. Independance will mean big decisions to be made on subsidies etc. As I say I hold these shares BUT would not be a buyer even at these levels until the uncertainties clear after the in / out scottish result . lummox
Infinis Energy, which joined the market last month and claims to generate 7% of the country’s renewable power. Assets include 121 landfill gas sites and 16 wind farms. These shares have been marooned around their 260p flotation price, giving a market cap of £780m. In the group’s flotation document, a £55m annual dividend – about 18.3p per share – was projected. And if that sum is paid, buyers at 260p would receive a 7% income.