QuotedData’s other news 10 January 2020

In QuotedData’s other news 10 January 2020

  • Ground Rents Income Fund has refinanced its debt, reducing its overall interest cost from 3.37% to 2.76%, increasing the loan to value covenant on its debt from 40% to 45% (giving it more headroom to borrow if it chooses – the current loan to value ratio is 24%) and extending the facility’s maturity from November 2021 to January 2025.
  • Gore Street Energy Storage has signed up NEC Energy Solutions to provide the engineering, procurement and construction of its two planned 50MW storage facilities in Ireland and their long-term operations and maintenance.
  • RDL Realisation will return 33p per share to investors by way of a special dividend. The special dividend will be paid on 10 February 2020 to shareholders on the register as of 17 January 2020. The ex-dividend date is 16 January 2020.

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