JLEN Environmental Assets Group - Update research from QuotedData
31st March 2023
Backing the new Japan
In common with its peers, JLEN Environmental Assets (JLEN) experienced an eventful but fruitful 2022. Volatile power prices, rampant inflation, rising interest rates and new taxes buffeted the renewables sector but generally acted as a tailwind for net asset value (NAV) growth. Some of these issues will continue to affect the sector in 2023. We explore all of these from page 4 onwards.
JLEN's managers can have little influence on these big macroeconomic factors but they can, through their investment activity, lay the foundations for future NAV uplifts.
At the end of its last accounting year, JLEN had 6% of its portfolio in assets under construction or development, and a sizeable pipeline of new opportunities. As they reach maturity, these projects can act as an engine for capital growth.
Full Research:
https://quoteddata.com/research/jlen-environmental-assets-laying-foundations-nav-growth-qd/
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