Harmony Energy Advances in Asset Sale Negotiations

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The latest announcement is out from Harmony Energy Income Trust Plc ( (GB:HEIT) ).

Harmony Energy Income Trust plc has advanced to the final stage of negotiations with a preferred bidder for the sale of its full portfolio of battery energy storage assets. This development, while still requiring shareholder approval and with no certainty of completion, reflects significant interest and progress in the company’s asset sale process, potentially impacting its operational focus and market positioning.

More about Harmony Energy Income Trust Plc

Harmony Energy Income Trust plc focuses on investing in battery energy storage system assets in Great Britain. The company’s investment adviser, Harmony Energy Advisors Limited, has been dedicated to the energy storage sector in Great Britain for over seven years, providing asset ownership, development, and third-party advisory services.

YTD Price Performance: -22.98%

Average Trading Volume: 375,288

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £138.5M

See more data about HEIT stock on TipRanks’ Stock Analysis page.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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