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An announcement from Gresham House Renewable Energy VCT 2 PLC ( (GB:GV2O) ) is now available.
Gresham House Renewable Energy VCT 2 PLC announced its full-year results for the financial year ending on September 30, 2024. The company is in the process of selling its remaining solar and wind assets, with offers received and a reasonable prospect of completion by late spring 2025. The net asset value per share pair has decreased due to dividends and challenging market conditions. The company is also addressing grid connection issues at one of its solar farms and plans to enter voluntary liquidation to maintain its VCT status if assets are sold early in 2025.
More about Gresham House Renewable Energy VCT 2 PLC
Gresham House Renewable Energy VCT 2 PLC operates in the renewable energy sector, focusing primarily on solar and wind energy investments. The company has been undergoing a managed wind down process, aiming to realize its portfolio of renewable energy assets and maximize yields for its stakeholders.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.99M
See more insights into GV2O stock on TipRanks’ Stock Analysis page.
