Foresight Environmental Infrastructure to refocus on long-term stable cash flows
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Foresight Environmental Infrastructure to refocus on long-term stable cash flows
In the face of a persistent discount [common to all renewable energy companies], Foresight Environmental Infrastructure’s board has talked to advisers and evaluated a full range of strategic alternatives for the company, including a managed wind-down, a targeted divestment approach, the continuation of the current investment strategy, and potential mergers and acquisitions. The board’s decision is to refocus the portfolio on core infrastructure …
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