In QuotedData’s morning briefing for 8 January 2024:

• Aquila European Renewables (AERI) has announced that it has entered into a €50m five-year debt facility with ING Bank N.V. Sucursal en España. The facility is secured by AERI’s wholly owned Spanish solar PV portfolio, with the leverage equal to 26%. The pricing of the debt remains confidential, but AERI believes it has been made on “attractive terms”. AERI intends to use the debt to repay its revolving credit facility, and thus its current gearing level will remain unchanged at 34% though the trust will have the ability to re-tap its revolving credit in future capital allocation decisions.
• Cordiant Digital Infrastructure (CORD) has announced that its Czech portfolio company, České Radiokomunikace a.s. (“CRA”) has completed the acquisition of the cloud services and data centre businesses, Cloud4com and DC Lužice from Aricoma a.s. The transaction was first announced on 20 December 2023. CORD has also announced the signing of CRA’s acquisition of Prague Digital TV s.r.o. for a nominal sum.
• India Capital Growth (IGC) has announced that its redemption price for the forthcoming payment on 15 January will be 172.807p.
• TwentyFour Select Monthly Income Fund (SMIF) has announced that 532,836 shares were purchased in the quarterly tender offer, which closed on 29 December 2023, at a price of 78.4 p per share. SMIF now has 243.2m shares in circulation.