Downing Renewables & Infrastructure Trust PLC (LSE:DORE), a fund managed by Downing LLP signed an agreement to acquire Mersey Reactive Power for £11 million on June 19, 2023. Completion is subject to Ofgem approval. This investment will be made using the Company's 40 million revolving credit facility and is forecast to be accretive to the Company's returns.
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Apr. 11 | Downing Renewables net asset value down but outlook optimistic | AN |
Apr. 11 | Downing Renewables & Infrastructure Trust PLC Provides Dividend Guidance for the Year Ending 31 December 2024 | CI |
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- Downing Renewables & Infrastructure Trust PLC, a fund managed by Downing LLP signed an agreement to acquire Mersey Reactive Power for £11 million.