Investment Mishap Triggers Leadership Shake-Up in Energy Trust ...Middle East

OILPRICE - Economy
Investment Mishap Triggers Leadership Shake-Up in Energy Trust
source : OILPRICE ( Middle East ) () 29
The Asian Energy Impact trust is seeking to restore its London listing after publishing delayed annual and interim results, following months of controversy around the trust. In April, the trust’s shares were suspended after an issue was identified with its 2022 annual results, leading to ‘material uncertainty’ over the fair value of some of its assets and liabilities. The trust owned a 200 MW construction-ready asset owned by SolarArise, a Delhi-based renewable energy platform owned by ThomasLloyd, which had been valued at $13.9m…

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