Octopus Renewables Infrastructure Trust Plc (GB:ORIT) has released an update.
Octopus Renewables Infrastructure Trust plc (ORIT) has announced the cessation of discussions regarding a potential merger with Aquila European Renewables plc, following the latter’s termination of the review process. ORIT continues to advance its strategic capital recycling program, having successfully completed asset disposals in Poland and Spain, resulting in £97 million in net proceeds. These measures enable ORIT to adapt to market changes and explore new capital allocation opportunities.
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