Research from QuotedData

RNS Number : 2383B

JLEN Environmental Assets Group Ltd

29 September 2022

 

JLEN Environmental Assets - Research from QuotedData

29^th September 2022

Further portfolio diversification

In recent weeks, JLEN Environmental Assets Group (JLEN) has further diversified  its  portfolio  with  three  new  investments,  a  battery  storage  project and two investments in the low carbon and sustainable solutions portion  of  its  portfolio;  a  controlled  environment  aquaculture  facility  in  Norway; and a UK glasshouse construction project drawing low-carbon heat  and  power  from  an  existing  anaerobic  digestion  plant  owned  by  JLEN.

In  an  environment  of  volatile  energy  prices  and  uncertainty  over  the  shape of future electricity market reforms, investors may be reassured by the breadth of JLEN's portfolio and the managers' ability to find new ways of adding value. 

As we show on page 14, JLEN's NAV gains over the past 12 months have been amongst the best in its sector. We feel that many signs point to a higher NAV, but share prices across the renewable energy sector have been weak. It seems likely that this is being driven by the spike in the  UK  government's  long-term  borrowing  costs.  It  is  feared  that  this  could  drive  up  the discount  rates  used  to  calculate  the  NAVs  of  all  assets  valued  on  a  discounted  cashflow  basis,  such  as  those  in  the  renewable energy sector.

Full research:

https://quoteddata.com/research/jlen-environmental-assets-further-portfolio-diversification-qd/

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NB:Marten & Co was paid to produce this note on JLEN Environmental Assets Group Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.

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