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Foresight Environmental Infrastructure Limited GBP ( (GB:FGEN) ) just unveiled an update.
Foresight Environmental Infrastructure Limited announced its unaudited Net Asset Value (NAV) at the end of December 2024 was £695.4 million, with a NAV Total Return of -0.34% for the quarter. The company highlighted several operational achievements, including the sale of a solar rooftop asset at a premium, returning £12.3 million through a share buyback program, and maintaining low gearing levels. Despite lower than expected solar and wind performance, FGEN anticipates strong cash generation and aims to cover its dividend. The company continues to progress in construction and operational advancements, although it wrote off its green hydrogen investment.
More about Foresight Environmental Infrastructure Limited GBP
Foresight Environmental Infrastructure Limited (FGEN) is a leading investment company focused on a diversified portfolio of environmental infrastructure assets across the UK and mainland Europe. The company invests in projects that utilize natural or waste resources, support environmentally friendly economic activities, and facilitate the transition to a low-carbon economy. FGEN aims to provide sustainable, progressive dividends to its investors while preserving the capital value of its portfolio.
YTD Price Performance: -3.58%
Average Trading Volume: 2,055,661
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £449.7M
Find detailed analytics on FGEN stock on TipRanks’ Stock Analysis page.
