While AFK Hydropower continues to face short-term revenue pressure from lower reservoir levels, structural tailwinds support a constructive long-term outlook as we expect NO2 power prices to converge toward Continental levels over the long-term. Meanwhile, portfolio company Volue is delivering solid margin expansion and increasing recurring revenues despite slower top-line growth following its delisting and strategic refocus. NSSLGlobal also contributes positively, with stable performance and va ....