Research from QuotedData

JLEN Environmental Assets - Research from QuotedData

29th 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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