The move is aligned with the company's commitment to the risk-free rate and the capital asset pricing model. In response to capital allocation inquiries, Lilley emphasized a balance between rewarding shareholders and reinvesting in wind power assets.
While noting a recent investment in the London Array offshore wind farm, he stressed that the company's primary focus remains on addressing the current discount to net asset value (NAV). From admission to the
Lilley also shed light on the company's plans to employ up to £100 million of its annual excess cash generation for a share buyback initiative, a move to add value and attractively position
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