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The Markets
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Greencoat UK Wind, Chesnara, Zephyr Energy, Zenith Energy, Helium One - Small Cap Snapshot

Greencoat UK Wind, Chesnara, Zephyr Energy, Zenith Energy, Helium One - Small Cap Snapshot

Greencoat UK Wind PLC (LSE:UKW) is selling chunks of three wind farms, raising £181 million to cut debt and fund share buybacks. It’s offloading parts of Andershaw, Bishopthorpe and Hornsea 1, with another Hornsea stake set to go in August.

Chesnara PLC (LSE:CSN) has raised £150 million through a new bond issue to help fund acquisitions and keep growth rolling. The 8.5% notes can’t be called until 2030 and are expected to be listed on Euronext Dublin.

Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) says it’s expecting a “prolonged period of positive news flow” from its Paradox Basin project in Utah. Talks with funders and partners are advancing, with first production in sight.

Zenith Energy Ltd (LSE:ZEN, TSX-V:ZEE) has picked up a new 3MW solar site in Italy for €280,000, ready to build straight away. The company says it’s on track to smash its 20MW target by the end of 2025.

Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has made a boardroom switch-up, bringing in Nishant Dighe as non-exec director. Sarah Cope moves into a new executive role, focusing on governance and compliance.

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