- Net asset value down from £99.4mn to £86.7mn (86.7p)
- £12.2mn impairment charge mainly on CHP and hydroelectric portfolios
- £62mn of asset realisations at 92 per cent of carrying valuations
- Debt-free and only two assets remaining to sell
- Potential for 80p a share cash return
Triple Point Energy Transition (TENT:67.25p), an investment company that is supporting the energy transition, is making stellar progress with divesting its portfolio of infrastructure investments.
Since shareholders approved an orderly wind-down of the portfolio on 22 March 2024, the investment manager has exited four investments and realised 92 per cent of their £67mn carrying valuation in the process. Asset realisations include: