John Laing Environmental Assets Group (JLEN) says its NAV per share at the end of December 2018 was 102.8p, up 2.4p over three months. The dividend remains on-track to match the target of 6.51p for the year. Revenue generation was on budget, reflecting above-budget power generation from JLEN’s anaerobic digestion and solar power assets. This offset the impact of low wind speeds on its wind farms.
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Life extensions to boost NAV?
- Published:
15 Mar 2019 -
Author:
Ed Marten -
Pages:
8
John Laing Environmental Assets Group (JLEN) says its NAV per share at the end of December 2018 was 102.8p, up 2.4p over three months. The dividend remains on-track to match the target of 6.51p for the year. Revenue generation was on budget, reflecting above-budget power generation from JLEN’s anaerobic digestion and solar power assets. This offset the impact of low wind speeds on its wind farms.