IN BRIEF: SDCL Energy Efficiency Income Trust promoted to FTSE 250

SDCL Energy Efficiency Income Trust PLC - invests in energy efficiency sector, including ...

Alliance News 23 September, 2021 | 11:51AM
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SDCL Energy Efficiency Income Trust PLC - invests in energy efficiency sector, including cogeneration, solar and storage projects, in UK, Europe and North America - Joins the FTSE 250 index of London mid-cap stocks on Thursday, replacing John Laing Group PLC. Infrastructure investor John Laing was acquired by Kohlberg Kravis Roberts & Co LLP for GBP2.0 billion and delisted. SDCL Energy Efficiency, which listed in London at the end of 2018, earlier this month raised GBP250 million in a share issue to fund its acquisition pipeline.

Current stock price: 114.68 pence

Year-to-date change: up 8.6%

By Tom Waite; thomaslwaite@alliancenews.com

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
SDCL Energy Efficiency Income Ord 117.50 GBX -0.42 -

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