VH Global Sustainable Energy Opportunities PLC - London-based investor in energy infrastructure - Buys a portfolio of seven solar and two wind assets across Europe, in a transaction to be completed in two phases. Says that once fully operational, the portfolio will have a total installed capacity of 248.4 megawatts, and will be expected to generate 489,900 megawatt-hours per year.

Richard Lum, the co-chief information officer of Victory Hill Capital Partners LLP, says: ‘We are pleased to announce this new investment, which will bring the total number of assets in the GSEO portfolio to 36, split across seven countries and six technologies. The transaction commits capital previously earmarked for the second project in our UK flexible power and carbon capture and reuse programme, to a programme which will generate yields for shareholders in a more time efficient manner, without compromising on returns.’

Current stock price: 74.80 pence

12-month change: down 16%

Copyright 2024 Alliance News Ltd. All Rights Reserved.