Source - Alliance News

Triple Point Income VCT PLC - renewable energy investor - Completes sale of Green Peak Generation Ltd for £2.6 million in the company’s E share class to Conrad Energy Holdings II Ltd. Says the sale is part of a wider portfolio sale of gas fired energy generation companies.

As a result, the company will pay 12.0 pence per share to E class shareholders as a dividend.

‘The company conducted a competitive process and invited bids from some of the leading energy infrastructure investors in the UK, following renewed interest in these types of assets due to changes in the energy market landscape,’ it adds.

Current E share price: 74.97 pence

12-month change: down 90%

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