Source - Alliance News

Harmony Energy Income Trust PLC on Monday - Great Britain-focused investor in commercial-scale battery energy storage systems - Sells 99 megawatt battery energy storage systems Rye Common project to London-based energy transition company, Pulse Clean Energy Ltd at a 1.5% premium to its carrying value. Says an additional two BESS projects, Wormald Green and Hawthorne Pit, have been sold to Pulse Clean, but are currently under construction and are on track for energisation in the second and third quarters of 2024 respectively. Adds following the sale, its portfolio now comprises 395.4MW/790.8 per hour across eight BESS projects, of which three are operational and five under construction.

Current stock price: 88.63 pence, down 0.2% on Monday

12-month change: down 25%

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