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Pantheon Infrastructure PLC ( (GB:PINT) ) just unveiled an update.
Pantheon Infrastructure PLC announced an update on its investment in Calpine Corporation, following Constellation Energy Corporation’s agreement to acquire Calpine from Energy Capital Partners for approximately $16.4 billion. This sale is expected to increase Pantheon Infrastructure’s NAV by 2.6%, marking the company’s first realization since its IPO and demonstrating its investment strategy’s success. The transaction is subject to regulatory approvals and is anticipated to complete within 12 months.
More about Pantheon Infrastructure PLC
Pantheon Infrastructure PLC, trading under the ticker ‘PINT’ on the London Stock Exchange, is a closed-ended investment company and an approved UK Investment Trust. The company focuses on building a global, diversified portfolio of high-quality infrastructure assets, with a strategy that includes direct co-investments in infrastructure assets characterized by strong defensive attributes such as contracted cash flows and inflation protection. Pantheon Ventures, the investment manager, is a prominent private markets investment manager with over 40 years of experience, managing approximately $68 billion in discretionary assets.
YTD Price Performance: 2.91%
Average Trading Volume: 787,671
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £430.2M
Learn more about PINT stock on TipRanks’ Stock Analysis page.