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17 February 2021 | 07:44am StockMarketWire.com - Green energy investor The Renewables Infrastructure Group forecast a flat dividend for 2021 after its annual profit was hurt by by lower power price forecasts amid the pandemic. Net profit for the year through December fell 38% to £100.2 million amid lower gains on investments. The company's net asset value per share edged up to 115.3p, from 115.0p at the end of December. TRIG declared a fourth interim dividend of 1.69p per share to bring the aggregate 2020 dividend to 6.76p, in line with the target set for the year. Citing an uncertain backdr...
12 February 2021 | 16:43pm StockMarketWire.com - UK stocks closed significantly higher on Friday after it emerged coronavirus cases across the country are falling at the fastest pace in months. The UK's R value has dropped below 1 for the first time since July, and the Government has confirmed it will issue its roadmap out of lockdown on 22 February. The UK's benchmark FTSE 100 index gained 0.94% to 6,589.79, while the midcap FTSE 250 index swung into positive territory having spent most of the day in the red and closed 0.09% higher to 21,037.47. In a day of little significant corporate news,...
15 January 2021 | 07:26am StockMarketWire.com - The Renewables Infrastructure Group Limited (TRIG) said it has exchanged contracts to acquire an equity interest of 17.5% in the Beatrice offshore wind farm from Copenhagen Infrastructure Partners. Following completion of the transaction, Beatrice will represent approximately 12% of TRIG's investment portfolio. Beatrice is a 588 megawatt offshore wind farm developed by SSE sing Siemens turbines. The wind farm is located approximately 13km off the north east coast of Scotland and comprises 84 Siemens seven megawatt turbines which utilise direct ...