US Solar Fund Plc

USFP

GB00BJCWFX49

Investment Trusts

Market Closed - London S.E. Other stock markets 11:35:21 2024-04-26 am EDT			5-day change	1st Jan Change
38 ^GBX	0.00%		+5.56%	-11.32%

Apr. 24	EARNINGS AND TRADING: Nichols trading in line; Ondine revenue doubles	AN
Apr. 24	US Solar Fund Plc Decides to Reduce the Target Dividend for 2024	CI

US Solar Fund Plc Provides Strategic Review Update

July 10, 2023 at 02:00 am EDT

The Board of US Solar Fund Plc (LSE:USFP) announced a strategic review in October 2022. The Board has now concluded, given the extensive discussions with numerous parties over the last six months, that the current market backdrop is not conducive to a sale of the Company or its assets.

Latest news about US Solar Fund Plc

EARNINGS AND TRADING: Nichols trading in line; Ondine revenue doubles	Apr. 24	AN
US Solar Fund Plc Decides to Reduce the Target Dividend for 2024	Apr. 24	CI
US Solar Fund ups dividend despite drop in NAV	Mar. 25	AN
US Solar Fund Plc Announces Dividend for the Fourth Quarter of 2023, Payable on 30 April 2024	Mar. 25	CI
Two Rio Tinto execs sell GBP7.8 million in shares	Dec. 27	AN
US Solar Fund expects NAV boost from renewable contracts	Dec. 18	AN
US Solar Fund plc Announces Dividend for the Third Quarter of 2023, Payable on 29 December 2023	Nov. 30	CI
US Solar Fund appoints new investment manager	Nov. 17	AN
CPP reports new business wins for Blink division	23-10-31	AN
EARNINGS: Ukrproduct outlook uncertain amid war; Microlise revenue up	23-09-28	AN
US Solar Fund plc Announces Second Quarter 2023 Dividend, Payment Date of 27 October 2023	23-09-28	CI
US Solar Fund prefers Amber Infrastructure as new investment manager	23-08-21	AN
US Solar Fund notes continued improvement of underlying portfolio	23-08-07	AN
FTSE 100 Closes Up 0.2% Lifted by Oil Stocks	23-07-10	DJ
UK Long-Dated Gilt-Yields Rising Fast, Inverted Gilt Yield Curve Flattens	23-07-10	DJ
US Solar Fund announces plan to launch share buyback programme	23-07-10	AN
US Solar Fund Plc Provides Strategic Review Update	23-07-10	CI
US Solar Fund closes sale of 50% interest in Mount Signal 2	23-06-26	AN
MN8 Energy, Inc. completed the acquisition of a 50% stake in 200MW Operating Solar Plant Located in the Imperial Valley of Southern California from US Solar Fund Plc managed by New Energy Solar Manager Pty Limited for $52.2 million.	23-06-25	CI
US Solar Fund declares dividend on target despite value dip	23-05-30	AN
US Solar Fund plc Announces First Quarter 2023 Dividend, Payable on July 7, 2023	23-05-30	CI
FTSE 100 outperforms as Beazley, GSK shine	23-05-12	AN
TClarke extends gain; Eurocell slumps	23-05-12	AN
US Solar Fund terminates formal sales process, cites no adequate offer	23-05-12	AN
US Solar Fund Provides Strategic Review Update	23-05-12	CI

Chart US Solar Fund Plc

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Company Profile

US Solar Fund plc is a United Kingdom-based renewable energy fund. The Companyâs investment objective is to provide investors with attractive, sustainable dividends along with an element of capital growth through its investment in a diversified portfolio of utility-scale solar power plants across North America and other Organization for Economic Co-operation and Development (OECD) countries in the Americas. The Company acquires or constructs, owns, and operates solar power assets that are expected to have an asset life of at least 30 years and generate stable and uncorrelated cash flows by selling electricity to creditworthy off takers under long-term power purchase agreements (PPAs). The Company is managed by New Energy Solar Manager, which has committed to 57 utility-scale solar assets, 55 of which are in the United States, totaling 1.2 gigawatts (GW). Its portfolio consists of about 41 projects across the United States.

Sector

Investment Trusts

Calendar

2024-05-21 - Annual General Meeting

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.38

Average target price

Consensus

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