Foresight Environmental Infrastructure Limited (FGEN)

Sector:

Investment Firms

Index:

FTSE 250

94.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 103.40p
  • 52 Week Low: 83.80p
  • Currency: UK Pounds
  • Shares Issued: 657.05m
  • Volume: 605,414
  • Market Cap: £617.62m

JLEN makes first foray into green hydrogen with German deal

By Frank Prenesti

Date: Thursday 26 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Environmental infrastructure fund JLEN has made its first investment into the green hydrogen sector with the acquisition of a 33% equity stake in Foresight Hydrogen for up to €5.7m.
FH holds a 75% stake in HH2E Werk Thierbach, a special purpose vehicle which owns the development rights to the Thierbach green hydrogen project, near Borna in Germany, capable of producing around 6,000 tonnes of green hydrogen a year, JLEN said in a statement.

Green hydrogen will be produced through electrolysis powered by renewable electricity. The project will also integrate battery storage.

Reporting by Frank Prenesti for Sharecast.com

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FGEN Market Data

Currency UK Pounds
Share Price 94.00p
Change Today -1.00p
% Change -1.05 %
52 Week High 103.40p
52 Week Low 83.80p
Volume 605,414
Shares Issued 657.05m
Market Cap £617.62m

FGEN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
31.9% below the market average31.9% below the market average31.9% below the market average31.9% below the market average31.9% below the market average
69.57% below the sector average69.57% below the sector average69.57% below the sector average69.57% below the sector average69.57% below the sector average
Income Not Available
Growth
4.41% above the market average4.41% above the market average4.41% above the market average4.41% above the market average4.41% above the market average
0.35% above the sector average0.35% above the sector average0.35% above the sector average0.35% above the sector average0.35% above the sector average

What The Brokers Say

Strong Buy 1
Buy 2
Neutral 1
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FGEN Dividends

  Latest Previous
  1st Interim 4th Interim
Ex-Div 05-Sep-24 06-Jun-24
Paid 27-Sep-24 28-Jun-24
Amount 1.95p 1.89p

Trades for 20-Sep-2024

Time Volume / Share Price
16:29 1,116 @ 94.30p
16:29 571 @ 94.30p
16:25 5,300 @ 94.31p
16:03 4,085 @ 94.05p
15:45 17 @ 93.90p

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