Gresham House Energy Storage Fund plc (LSE: GRID) owns a portfolio of utility-scale operational energy storage systems (known as ESS) located in Great Britain. The portfolio has a total capacity of 315MW. The Company is managed by Gresham House Asset Management Limited under the leadership of Ben Guest. The Company was admitted to trading on…
Randall & Quilter Investment Holdings Ltd. (R&Q)
Randall & Quilter Investment Holdings Ltd. (R&Q) is a non-life global specialty insurance company operating two core, highly complementary, businesses: Program Management and Legacy Insurance. Both these businesses are leaders in markets with high barriers to entry and significant secular growth opportunities. Legacy Insurance generates profits and capital extractions from expert management of legacy non-life…
Allied Minds’ Orbital Sidekick secures $16 million Series A Financing
LONDON: Allied Minds plc announced that its portfolio company, Orbital Sidekick Inc., has conditionally secured $16 million in a Series A Preferred financing round led by Temasek, an investment company headquartered in Singapore. Round participants also include other new investors and existing investors Allied Minds, committing $2.5 million (including conversion of its SAFE), and 11.2…
IXICO secures new contract for £3.4 million
LONDON: IXICO plc, the AI data analytics company delivering insights in neuroscience, has been awarded a £3.4 million contract to run over c.4.5 years by an existing client for a Spinocerebellar Ataxia type 3 (SCA3) trial. SCA3, also known as Machado-Joseph disease, is a rare, neurodegenerative condition resulting in movement disorders, rigidity, muscular atrophy and…
Rostelecom partners VTB Bank to boost development of its data centers and cloud business
MOSCOW: Rostelecom Group, the largest integrated digital service provider in Russia, has signed the deal to attract VTB Bank as the strategic partner to jointly develop Rostelecom Data Centers, a subsidiary that combines data centres and cloud assets, a news release said. VTB Bank invests RUB 35 billion in RTK-DC for a 44.8% stake with…
Hargreaves Services sells speciality coal inventory HRMS GmbH
LONDON: Hargreaves Services plc, a diversified group delivering services to the industrial and property sectors, announced the sale of its entire inventory of speciality coal to its German Joint Venture, HRMS, ending its material direct business interests in coal. Hargreaves has sold all of the speciality coal held at its two UK stockholding sites to…
Randall & Quilter agrees to acquire the Vibe Group for £25 million
LONDON: Randall & Quilter Investment Holdings Ltd. (R&Q) announced that its wholly owned subsidiary, Randall & Quilter II Holdings Limited, has signed an agreement to acquire the entire issued share capital of Vibe Services Management Limited (VSML), Vibe Corporate Member Limited (VCML) and Vibe Syndicate Management Limited, together the Vibe Group. The consideration payable by…
Gresham House buys large 30MW battery storage project
LONDON: Gresham House Energy Storage Fund, the UK’s largest operational utility-scale battery storage fund, has conditionally agreed to acquire a c.30MW battery project located near Wester Dechmont, Livingston in West Lothian, Scotland. The Project is part of the pipeline described in the Fund’s Prospectus published on 10 November 2020. Byers Brae is a battery-only site…
SEEIT acquires of solar and storage projects in the United States
LONDON: SDCL Energy Efficiency Income Trust (SEEIT) has agreed to acquire a series of portfolios of commercial and industrial (C&I) on-site solar and energy storage projects in the United States, together with a 50% interest in the platform that has created them, Onyx Renewable Partners from funds managed by Blackstone for a consideration of approximately…
Uniti Group completes acquisition of Telstra Velocity & South Brisbane Exchange
SYDNEY: Uniti Group Limited announce the successful completion of its acquisition of certain fibre-to-the-premises (FTTP) assets owned by Telstra Corporation Ltd deployed to provide high speed broadband to the Telstra Velocity estates and South Brisbane Exchange regions. Settlement of the acquisition occurred with the payment of upfront consideration of $85M to Telstra, funded through a…
Uniti Group
Click Here Uniti Group share price Uniti Group is a diversified provider of telecommunications services, with ‘three pillars’ of strategic growth; Wholesale & Infrastructure (W&I), Consumer & Business Enablement (CBE) and Specialty Services. Uniti Group listed on the Australian Securities Exchange in February 2019 and has a stated strategy of becoming a market-leading constructor, owner…
a2 Milk Company agrees on terms for acquisition of 75% interest in Mataura Valley Milk
AUCKLAND: The a2 Milk Company (a2MC) has entered into binding agreements relating to the acquisition of a 75% interest in Mataura Valley Milk (MVM), a dairy nutrition business, located in Southland, New Zealand. The proposed acquisition will provide the opportunity for a2MC to participate in nutritional products manufacturing, provides supplier and geographic diversification, and strengthens…