LONDON, UK: Custodian REIT (LSE: CREI), the UK property investment company focused on smaller regional property, announced the acquisition of a 91,955 sq ft distribution facility between Glasgow and Edinburgh for £11.125 million, reflecting a net initial yield of 5.25%. The property benefits from a strategic logistics location on the Eurocentral industrial estate, at Junction…
Ikigai Ventures to list on London Stock Exchange
LONDON, UK: Ikigai Ventures, (LON:IKIV) an investment company established to acquire businesses focused on having a strong positive social impact, announced its intention for the company’s shares to be admitted to the Standard Listing segment of the Official List and to trading on the Main Market of the London Stock Exchange. Highlights • The Company was incorporated in 2021…
Fintech Asia announces plan to list on the London Stock Exchange
LONDON, UK: Fintech Asia (LON:FINA) an investment company established to acquire businesses focused on improving the delivery and use of financial services in Asia, announce intention for the company’s shares to be admitted to the Standard Listing segment of the Official List and to trading on the Main Market of the London Stock Exchange. Highlights • Fintech Asia…
Atlas Arteria acquires majority interest in Chicago Skyway
SYDNEY, AUSTRALIA: Atlas Arteria (ASX:ALX) has entered into an agreement to acquire a 66.67% majority interest in the Chicago Skyway, a 12.5km toll road with 81 years of remaining concession life that provides congestion relief in an essential transportation corridor. The acquisition establishes a partnership with Ontario Teachers’ Pension Plan, which is retaining its 33.33%…
NextEnergy Solar Fund forms new £200m battery storage joint venture partnership
LONDON, UK: NextEnergy Solar Fund, the specialist solar and energy storage climate impact fund, with a combined installed power capacity of 865MW, has advanced its position in the energy storage sector through a new £200m Joint Venture Partnership (“JVP2”) with Eelpower Limited (“Eelpower”). JVP2 reflects the successful relationship built with Eelpower, offering enhanced terms by…
ArcelorMittal joins forces with SigmaRoc
LONDON, UK: World steel leader ArcelorMittal and quarried materials group SigmaRoc have entered into a strategic joint venture agreement to create a new company. The company will produce lime, an essential purifying additive used in steel production as well as numerous other industrial applications. The partners will leverage their materials and manufacturing expertise to produce…
Mark Irwin appointed CEO of Serco Group
LONDON, UK: Serco Group announces that Rupert Soames has confirmed to the Board his intention to retire from the Company in September 2023. He will step down both from his role as Chief Executive and from the Board at the end of December 2022, and will be succeeded by Mark Irwin, who is currently the…
Greatland Gold secures A$340mn funding for development of Havieron
LONDON, UK: Greatland Gold plc (AIM:GGP), has executed debt and equity agreements to secure up to total of A$340 million in new funding that is expected to enable Greatland to fully fund its 30 per cent share of Havieron into production. Shaun Day, Managing Director of Greatland Gold plc, commented: “This is a tremendous announcement…
VH Global to acquire three solar PV sites in Australia for £21.2mn
LONDON, UK: VH Global Sustainable Energy Opportunities – the London-listed investment company advised by Victory Hill Capital Advisors LLP focused on energy infrastructure that is essential for the global transition towards net zero – has agreed to acquire and build three fully-permitted solar PV sites for £21.2m as part of the existing £50m commitment to…
M Vest Water forms fully-owned subsidiary in Germany
BERGEN, NORWAY: M Vest Water (EURONEXT: MVW) has founded a fully owned subsidiary, “M Vest Water GmbH”, in Germany securing logistic, sales and service to the German and European market. M Vest Water GmbH is located in the Bavaria region in Germany. Technology centre with, offices, fully operational laboratory, and a group of highly qualified…
Epwin Group has acquired Poly-Pure for initial consideration of £15 million
LONDON, UK: Epwin Group Plc (AIM: EPWN), the leading manufacturer of energy efficient and low maintenance building products, with significant market shares, has completed the acquisition of Poly-Pure Ltd for an initial cash consideration of £15 million on a debt-free and cash-free basis, funded from the Group’s existing facilities. Background to Poly-Pure Poly-Pure is a…
Sustainable Farmland Trust announces £200 million IPO
LONDON, UK: The Sustainable Farmland Trust Plc announced its intention to launch an initial public offering (IPO) on the Premium Segment of the Official List of the FCA and to begin trading on the Main Market of the London Stock Exchange, by way of a placing, offer for subscription and intermediaries offer targeting the issue…