NextEnergy Solar Fund is a buy for Liberum, which has included it as a top pick in an overview of the UK’s energy transition and infrastructure.
“The portfolio is comprised of around 100 solar assets which are mostly UK-based alongside small co-investments in private funds and joint venture partnerships in battery storage (BESS) under construction.
Analysts at Liberum Capital have raised their target price for Cordiant Digital Infrastructure Ltd (LSE:CORD) to 131p following the company's completion of the acquisition of Emitel, which they said increases their look-through EBITDA forecast to around £100mln.
In a note to clients, the Liberum analysts said: "As with CRA, this is a multi-dimensional business with increasing growth prospects as data consumption accelerates. CORD’s management team is highly rated and has significant operating company experience."
Chariot Ltd (AIM:CHAR, OTC:OIGLF) and its partner Total Eren, a leading renewable energy independent power producer (IPP) based in France, have agreed to work together on the development, financing, construction, and operation of a solar photovoltaic (PV) project that will provide competitive electricity for the Karo Platinum Project in Zimbabwe.
The solar PV project is expected to have an initial installed capacity of 30 MWp with a potential extension of up to 300 MWp. Construction of the Karo Platinum Mine has commenced, as marked today during an official ceremony in the presence of the Minister of Mines and Mining Development, Hon. W. Chitando.
IXICO PLC (AIM:IXI, OTC:PHYOF) reported results in line with expectations and said chair Charles Spicer will step down next year and be replaced by Mark Warne, a current non-executive director.
Chief executive Giulio Cerroni said the past year to 30 September was one of “significant achievement”.
Incanthera PLC (AQSE:INC), the Aquis Exchange-listed company focussed on innovative technologies in dermatology and oncology, has reported its unaudited interim results for the six months ended 30 September 2022, showing strong financial control through the period.
The company said this had ensured its financial position is on budget and said it also has strength in infrastructure and intermediary relationships to enhance the pathway to potential commercial success.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) said it has signed up a rig contractor for the planned Hickory-1 exploration well, in Alaska, which is slated to spud by late February or early March.
The company, in a statement, said that permitting and planning for the well remains ‘on track’.
Caerus Mineral Resources PLC (LSE:CMRS) has entered into a binding heads of agreement with PM Ploutonic Metals Ltd and Indo-European Mining PR Ltd for the transfer of Caerus’ Cyprus assets to the two companies.
The transaction marks the end of Caerus’ direct involvement in Cyprus and reflects its broader strategy to seek larger development opportunities in the battery metals sector in partnership with EV Metals (EVM).