Blackfinch Renewable European Income is latest trust to defer IPO

Current market conditions to blame

clock • 1 min read
The trust was targeting renewable energy infrastructure assets
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The trust was targeting renewable energy infrastructure assets

Blackfinch Group has postponed the IPO of a Renewable European Income trust (BRET) due to market conditions, Investment Week has learned.

At the end of August the company announced its intention to raise up to £300m and seek admission to the London Stock Exchange. A spokesperson said "In the light of current market conditions, the decision...

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