Asian Energy Impact Transitional Manager Begins Due Diligence On RUMS Project

Valeria Martinez
clock

• 2 min read

The transitional investment manager of Asian Energy Impact, formerly known as ThomasLloyd Energy Impact, has begun its due diligence on the trust’s assets, including the RUMS project.

Effective from today (1 November), Octopus Energy Generation's immediate priorities will be to assist finalising the 31 December 2022 and 30 June 2023 valuations, 2022 audit and accounts and 2023 interim report to lift the trust's trading suspension as soon as possible.  The process will include undertaking detailed due diligence on the trust's assets, including the construction of the RUMS project, a solar power asset based in India, the board said in a stock exchange notice.  ThomasLloyd Energy Impact drops ThomasLoyd from name This is to ensure the "completeness" and "accuracy" ...

To continue reading this article...

Join Investment Week for free

Signup and gain exclusive members-only insights - all free of charge!

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week

member?

Login

RECENT NEWS

What A Rising VIX Means For Pension Funds

Wall Street’s latest selloff has moved beyond a technology-sector wobble and become a broad market event. The Nasdaq C... Read more

Behaviour Cannot Fix A Portfolio Construction Flaw

A Retiree Shouldn't Be Asked to Behave Their Way Out of a Portfolio Construction Problem Why behavioural coaching shoul... Read more

Behavioural & Retirement Portfolio Resilience

Behavioural Survivability and Retirement Portfolio Resilience Why the lived experience of market recovery matters as mu... Read more

Australia's Rate Rise Bites: Highest In 15 Years

The Reserve Bank of Australia has lifted interest rates to their highest level since 2011, and its governor admits the w... Read more

October Retirement Portfolio Resilience Assessment

Markets stabl Read more

Gyrostat September Retirement Portfolio Resilience Assessment

September Retirement Portfolio Resilience Assessment Markets have fallen. The price of risk has risen. ... Read more