Leaf Clean Energy Company Portfolio Update (0214W)
August 13 2015 - 10:15AM
UK Regulatory
TIDMLEAF
RNS Number : 0214W
Leaf Clean Energy Company
13 August 2015
13 August 2015
Leaf Clean Energy Company ("Leaf" or the "Company")
Portfolio Update
The board of Leaf Clean Energy Company is pleased to announce
completion of the realisations of four of its investments: the
biomass power plants Multitrade Telogia, LLC and Multitrade Rabun
Gap, LLC, the landfill gas portfolio owned by Johnstown Regional
Energy, LLC and the solar thermal power technology company SkyFuel.
These transactions closed on 11 March, 31 March, 24 June, and 13
August, respectively. In addition, Leaf received a partial return
of capital from its indirect investment in Energía Escalona I S.A.
de C.V. during the period. The up-front aggregate cash proceeds
received by Leaf from these transactions and the capital return
were $8.4 million and $0.5mm, respectively. Leaf's unaudited
aggregate carrying value (on a comparable basis) at 31 December
2014 for the investments sold was $9.1 million. These transactions
were led by Leaf's investment subsidiary, Leaf Capital Management,
which comprises the investment staff at Leaf.
Enquiries:
Mark Lerdal +1 (415) 264 5096
Leaf Clean Energy Company
Ivonne Cantú +44 (0) 207 397 8900
Cenkos Securities plc
This information is provided by RNS
The company news service from the London Stock Exchange
END
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