Hargreaves Services has announced its first renewable land asset sale. This is a significant event, unlocking value from the group’s renewable energy land portfolio with more to come as HSP continues its transition to a capital-light model. The assets are being sold for £8.8m with a further expected top-up consideration of £3.8m due Sept 2029. We reaffirm our BUY rating and 854p TP with today’s update reinforcing our confidence in the value creation opportunity as management executes its strategy.