Foresight Solar Fund Ltd (LSE:FSFL) will suffer a modest hit to its NAV following the introduction of the windfall tax on renewable generators on 1 January, it has announced.
In a statement following the fund, it confirmed its net asset value of £771.2mln (126.4p) in late September would be reduced by 0.8p due to the new 45% tax.
Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF) said construction and installation of a second preconcentrate plant at its Vatomina project in Madagascar is complete.
Trial runs and integration into the existing operations are in process, said the London-listed graphite and graphene company.
Eight Capital Partners PLC (AQSE:ECP)said it has entered into conversion agreements with existing bondholders to convert €3.85mln of existing bonds into equity. Major shareholder Trumar has committed to convert a Furter €29.9mln into equity (read here)