My yuletide choice is a relatively cautious play in the renewables sector, with an electrifying new technology on top – for free!
SeaEnergy (AIM:SEA), a supplier of services to the offshore sector, announced a trading update covering 2014.
Indian wind farm play Greenko Group (AIM:GKO) has commissioned 50 MW worth of wind assets.
Power plant developer Rurelec (AIM:RUR) has received $31.5 million in compensation for its stake in the Bolivian electricity company nationalised in 2010.
Wasabi Energy (AIM: WAS) has remarked the recent deal for the Hinkley nuclear power plant could created 'significant opportunities' for the company.
The British government agreed a deal with French ENERGY behemoth EDF Energy that will see the British government guarantee a price of £92.50 per megawatt hour to deliver electricity to the UK grid, falling to £89.50 if EDF goes ahead with prospective plans to build another station in Suffolk.
Wasabi's 'Kalina Cycle' technology works by converting heat from power plants and using to this generate electricity.
Chairman John Byrne enthused that the guaranteed prices at Hinkley should result in 'projects being promoted by Wasabi Energy becoming exceedingly attractive'.
Shares in Wasabi currently trade at 0.6p, valuing the group at £22.7 million.
Interim sales and profits have fallen at clean energy play Greenko (GKO), whose Mauritian subsidiary has secured $70 million (£43.7 million) of bank funding.
US group General Electric (GE) is to put £50 million (£31.3 million) into Indian clean energy concern Greenko's new wind power venture.
Indian clean energy generator Geenko Group (GKO) is set on fast expansion after boosting its annual pre-tax profit 188 per cent to €14 million (£12.7 million).
Latin American clean power supplier Rurelec (RUR) awaits hefty Bolivian nationalisation compensation after turning £647,000 losses into £145,000 continuing pre-tax profits.
Indian power generation group OPG Power Ventures (OPG) has raised up to £60 million at 93p to fund capacity expansion.
Taking place on September 19th in London, explores the current state of the strategy, its effect on the structure and operations of European corporations, and examines best practices and corporate governance initiatives that public company boards can implement to proactively position themselves against an activist campaign. Click here for more information.
The annual Directors’ Pay on AIM report is the most comprehensive review of directors’ remuneration on AIM available. For more information or to order your copy click here.
Published in September 2015 this annual research report provides a comprehensive overview of cash shells on the Main Market, AIM and PLUS landscape. Order your copy today.
SharePad is the new web-based service from ShareScope. Easier to use and more powerful. Perfect for tablets, Macs and Windows PC. Covers ALL your investment requirements.
Read Phil Oakley’s easy-to-read guide to analysing shares. Learn how to become a confident & successful stock-picker. A must-read for novice and experienced investors alike. Click here to read.
A research report into the top-performing 100 companies below the FTSE 350 and on AIM. Click here to download.
The most comprehensive review of AIM directors' pay available, and this year includes a record sample of 1000+ AIM-quoted companies. The full report is available to order for £385 + VAT. Click here for more info
Since 2008, our share tips outperformed the benchmark by 281%. Take a free trial and get access to our recommendations today. Start free trial now.
Be the first to receive our independent analysis and research, designed to help you generate more wealth for you and your family over the long term. Subscribe and save.