U.S. Solar Fund, which was listed on the premium segment of the London Stock Exchange in April 2019, has launched a strategic review to maximize value for its shareholders.
U.S. Solar Fund said structural challenges in the U.S. solar sector, alongside a recent sustained discount of the share price to its net asset value, have impeded its ability to grow its asset base. The board said it will consider all options that are available, including a sale of share capital of the company that would return funds to shareholders, or changing the investment management arrangements of the company.
Parties interested in submitting an expression of interest or any other proposal relating to any strategic option for the business should contact USF’s Joint Financial Adviser, Jefferies,
Any party interested in submitting any form of proposal for consideration in connection with the strategic review, including the formal sale process, is expected to enter into a nondisclosure a