The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOctopus Energy Regulatory News (ORIT)

Share Price Information for Octopus Energy (ORIT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 72.50
Bid: 72.10
Ask: 72.60
Change: -1.00 (-1.36%)
Spread: 0.50 (0.693%)
Open: 74.00
High: 74.00
Low: 72.10
Prev. Close: 73.50
ORIT Live PriceLast checked at -
Octopus Renewables Infrastructure is an Investment Trust

To provide investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of Renewable Energy Assets in Europe and Australia.

Find out More

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Response to Octopus Renewables Infra announcement

22 Dec 2023 08:33

RNS Number : 7753X
Aquila European Renewables PLC
22 December 2023

22 December 2023

Aquila European Renewables plc ("AERI", or the "Company")

Response to announcement regarding the proposed combination with Octopus Renewables Infrastructure Trust plc ("ORIT")

The Board of AERI notes the announcement released today by ORIT (the "ORIT Proposed Combination Announcement") proposing that AERI undertake a scheme of reconstruction pursuant to section 110 of the Insolvency Act 1986 (the "ORIT Proposed Combination") in order to combine with ORIT. AERI confirms it has received unsolicited proposals from ORIT in relation to a possible combination on a to be defined formula asset value for formula asset value basis.

AERI announced on 14 December 2023 that, together with its advisers, it continues to explore a number of different initiatives to address the issues facing the sector and to secure recognition in the Company's share price of the real underlying value of the Company's portfolio.

In connection with this, the Board of AERI has also committed to consider broader options for the future of the Company, including the possible combination with another listed investment company by way of a section 110 of the Insolvency Act 1986. It is the Board's intention to consider the ORIT Proposed Combination as part of this wider process early in the New Year.

The Board of AERI will make further announcements when appropriate.

For further information please contact:

Deutsche Numis (Financial Adviser and Broker)

David Benda +44 020 7260 1000

Stuart Ord

George Shiel

Media contacts

Edelman Smithfield

Ged Brumby 07540-412301

Apex Listed Companies Services (UK) Limited (Company Secretary) +44 020 3327 9720

LEI Number: 213800UKH1TZIC9ZRP41

NOTES

The objective of Aquila European Renewables plc is to provide investors with an attractive long-term, income-based return in EUR through a diversified portfolio of wind, solar PV and hydropower investments across continental Europe and Ireland. Through the diversification of generation technologies, the seasonal production patterns of these asset types complement each other to balance the cash flow, while the geographic diversification serves to reduce exposure to one single energy market. In addition, a balance is maintained between government supported revenues, fixed price power purchase agreements and market power price risk.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
RSPTTBPTMTJTMMJ
Date   Source Headline
24th Apr 20247:00 amRNS10 year PPA with Sky signed - Crossdykes Wind Farm
17th Apr 20241:33 pmRNSDirector/PDMR Shareholding
2nd Apr 202410:19 amRNSResults analysis from Kepler Trust Intelligence
25th Mar 20247:00 amRNSFinal Results to 31 December 2023
5th Mar 20247:00 amRNSNotice of Final Results and Investor Presentation
1st Mar 20241:03 pmRNSHolding(s) in Company
26th Feb 20243:48 pmRNSResponse to announcement by AERI / AERS
2nd Feb 20247:00 amRNSAcquisition of Irish Solar Farms
29th Jan 20247:00 amRNSQ4 2023 Factsheet and Net Asset Value
29th Jan 20247:00 amRNSDividend Declaration
19th Jan 20247:00 amRNSSuccessful exit from Spanish solar projects
18th Jan 20247:00 amRNSIncreased Dividend Guidance
22nd Dec 20238:33 amRNSResponse to Octopus Renewables Infra announcement
22nd Dec 20237:00 amRNSProposed Combination - Aquila European Renewables
13th Dec 20237:00 amRNSCompletion of Polish Wind Farms sale
6th Nov 20237:00 amRNSQ3 2023 Factsheet and Net Asset Value
6th Nov 20237:00 amRNSDividend Declaration
6th Oct 20237:00 amRNSSale of Polish Wind Farms
26th Sep 202312:24 pmRNSResults analysis from Kepler Trust Intelligence
21st Sep 20237:00 amRNSKepler Trust Intelligence: New Research
21st Sep 20237:00 amRNSInterim Results to 30 June 2023
19th Sep 20237:00 amRNSNotice of Investor Meet Company Presentation
5th Sep 20237:00 amRNSNotice of Interim Results
8th Aug 202312:25 pmRNSDirector/PDMR Shareholding
8th Aug 202312:05 pmRNSDirector/PDMR Shareholding
7th Aug 20237:00 amRNSDividend Declaration
7th Aug 20237:00 amRNSQ2 2023 Factsheet and Net Asset Value
4th Aug 20231:29 pmRNSDirector/PDMR Shareholding
31st Jul 20237:00 amRNSInvestment into UK Solar Development Business
5th Jul 20233:51 pmRNSHolding(s) in Company
16th Jun 20234:27 pmRNSResult of AGM
8th Jun 20231:09 pmRNSHolding(s) in Company
31st May 20237:00 amRNSAppointment of New Director
23rd May 20237:00 amRNSNotice of Capital Markets Event
9th May 20237:00 amRNSDividend Declaration
9th May 20237:00 amRNSQ1 2023 Factsheet and Net Asset Value
6th Apr 20237:00 amRNSInvestment into Green Hydrogen Developer
29th Mar 20237:00 amRNSFinal Results to 31 December 2022
22nd Mar 20237:00 amRNSNotice of Final Results
22nd Mar 20237:00 amRNSNotice of Investor Meet Company Presentation
3rd Mar 20235:16 pmRNSQuotedData's Weekly News & Interview
3rd Mar 20237:00 amRNSBreach Solar Farm Update – 10 Year PPA Signed
27th Feb 20237:00 amRNSRCF Extended and Increased
31st Jan 20237:00 amRNSDividend Declaration
31st Jan 20237:00 amRNSQ4 2022 Factsheet and Net Asset Value
20th Jan 20237:00 amRNSIncreased Dividend Guidance
17th Jan 20237:00 amRNSName Change of Administrator & Company Secretary
30th Dec 202212:23 pmRNSDirector/PDMR Shareholding
15th Dec 20227:00 amRNSPortfolio and Energy Policy Update
17th Nov 20227:00 amRNSFurther Investment into Simply Blue Group

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.