Harmony Energy Income Trust Plc ( (GB:HEIT) ) has provided an announcement.
Harmony Energy Income Trust plc has provided an update on its ongoing asset sale process, which has been underway since April 2024. The company is in advanced negotiations with a preferred bidder for the sale of its full portfolio, though the process has been delayed due to the bidder’s due diligence requirements. The exclusivity agreement has been extended to March 10, 2025, but there is no certainty regarding the completion or terms of any sale, which would require shareholder approval. Harmony Energy also plans to release its annual report for the fiscal year ending October 2024 and its Net Asset Value as of January 2025 in late February 2025.
More about Harmony Energy Income Trust Plc
Harmony Energy Income Trust plc specializes in investing in battery energy storage system assets within Great Britain. The company is involved in the energy storage sector, providing both asset ownership and third-party advisory services. It operates under the guidance of Harmony Energy Advisors Limited, an entity focused on the energy storage market for over seven years.
YTD Price Performance: -2.30%
Average Trading Volume: 403,013
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £144.7M
See more data about HEIT stock on TipRanks’ Stock Analysis page.