Net Asset Value
The Company announces that as at 31 December 2016, the unaudited Net Asset Value ("NAV") per Ordinary Share was 102.9 pence (30 September 2016: 100.7 pence). The increase in NAV is mainly attributable to an upward adjustment in the Company's power curve assumptions in line with the recent recovery in wholesale power prices. The Company's discount rate remains unchanged at 7.5%.
Further detail will be provided in the Company's Annual Report and Accounts for the year ended 31 December 2016 which are due to be published in February 2017.
Foresight Group
Elena Palasmith, epalasmith@foresightgroup.eu, +44 (0)20 3667 8100
Stifel Nicolaus Europe Limited, +44 (0)20 7710 7600
Mark Bloomfield
Neil Winward
Tunga Chigovanyika
J.P. Morgan Cazenove, +44 (0)20 7742 4000
William Simmonds