Edison issues report on SDCL Efficiency Income Trust (SEIT)

Summary by AI BETAClose X

SDCL Efficiency Income Trust has agreed to sell a portfolio of energy efficiency infrastructure assets to Kyotherm for up to approximately £105 million, a move intended to reduce gearing to around 65% of net asset value from 71.9% as of September 30, 2025. This sale, which is at a discount of approximately 9% to carrying value and is expected to reduce NAV by about 1.2 pence, is considered a tight discount given the current private market conditions, with completion anticipated by mid-April 2026. The company's target dividend of 6.36p for the current financial year remains unchanged.

Disclaimer*

UK 100

Latest directors dealings