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JLEN Environmental invests in 50 megawatt battery storage plant in UK

JLEN Environmental invests in 50 megawatt battery storage plant in UK
Tue, 4th May 2021 09:37
(Alliance News) - JLEN Environmental Assets Group Ltd on Tuesday announced the acquisition of a 50% equity stake in Sandridge Battery Storage Ltd.
Up to GBP12.7 million will be paid by JLEN for SBSL, which holds the development rights to construct the Sandridge Battery Storage project, a 50 megawatt lithium-ion battery energy storage plant based in Melksham in Wiltshire, UK.
The investment company focused on environmental infrastructure projects said it will invest up to GBP12.7 million over the next 12 to 18 months, with the plant expected to start commercial operations in October next year. ....

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Capita News Headlines. CPI Share News. Financial News Articles for Capita Plc Ord 2.066666P updated throughout the day.

Mon, 8th Mar 2021 08:23
(Alliance News) - Equiniti Group on Monday said it has agreed to sell the EQi direct-to-consumer business of Equiniti Financial Services to interactive investor for GBP48.5 million.
Equiniti said the sale of the business to ii, already one of the largest share trading platforms in the UK, is expected be completed by the summer. It will receive GBP47.5 million in cash on completion and up to a further GBP1.0 million contingent on the timing of migrating customers onto the ii platform.
Equiniti said it will use the money to reduce debt, with interest costs expected to be reduce by GBP400,000 as a result. It will book a GBP13.0 million accounting profit on the deal and pay GBP2.1 million in corporation tax. ....

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LONDON BRIEFING: ii buys share trading platform from Equiniti

LONDON BRIEFING: ii buys share trading platform from Equiniti
lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.

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