FGEN Reduces Revolving Credit Facility to Optimize Financial Efficiency

 

Foresight Environmental Infrastructure Limited (FGEN) (LSE:FGEN) has announced a reduction in its Revolving Credit Facility, cutting the amount from £200 million to £150 million. This adjustment will result in annual savings of £367,500. Despite the decrease, the facility still provides ample coverage for the company’s outstanding portfolio obligations, maintaining a solid balance sheet with a gearing ratio of 28.8% as of December 2024. This strategic move reflects FGEN’s focus on efficient capital management, which could enhance its financial flexibility and overall health, benefiting stakeholders and strengthening its position within the environmental infrastructure sector.

About Foresight Environmental Infrastructure Limited (FGEN)

Foresight Environmental Infrastructure Limited is a prominent investment company specializing in a diversified portfolio of environmental infrastructure assets across the UK and mainland Europe. FGEN focuses on projects that utilize natural or waste resources, support sustainable economic activities, and contribute to the transition toward a low-carbon economy. The company is committed to providing sustainable dividends and preserving capital value over the long term, guided by a transparent and award-winning ESG (Environmental, Social, and Governance) framework.

• Year-to-Date Share Performance: +3.98%

• Average Daily Trading Volume: 1,854,075

• Technical Sentiment: Buy Signal

• Market Capitalization: £467.7 million

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Comments are closed

WHAT IS ADVFN?

ADVFN covers all things stock market.

From the news and opinion pieces on pages like this to share discussion forums, charting tools, financials, live share prices and Level 2, order book data

If you trade or invest ADVFN has the tools you need to make the right decisions.

• 

  101 Ways to Pick Stock Market Winners

  You need the number one bestselling investment guide, the definitive text for day traders, investors and stock pickers.

• 

  The Death of Wealth

  Dissecting the global economy and the financial markets, the book lays out the evidence for the next economic game changer: the Death of Wealth.

• 

  Windsor Brokers

• 

  Charles Russell-Pavier

• 

  Alexander Evagora

• 

  Alice Hudson