Leaf Clean Energy Company (LEAF)

Business description

Leaf Clean Energy is a UK, AIM-listed investment company focused on growth equity and project development capital in private, technology-based renewable energy and resource innovation companies and projects, primarily in North America.

Share price chart

Share chart

Stock data

Market cap.£49.6m
Last close38.500p
High / Low (52 weeks)55.5p / 37.2p
Stock market listingAIM
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

Price performance

%1m3m12m
Actual0.7(24.5)(19.8)
Relative *0.1(25.4)(22.6)

* % Relative to local index

Other companies in sector Show

Aberdeen New Thai Investment Trust AcenciA Debt Strategies
Acorn Income Fund Limited Altamir Amboise
Amphion Innovations BB Biotech
Biotech Growth Trust (The) BlackRock Hedge Selector
BlackRock Latin American Inv. Trust British Portfolio Trust
Brunner Investment Trust (The) Canadian General Investments
Carador Income Fund City Natural Resources
Conversus Capital CQS Rig Finance Fund
Deutsche Beteiligungs Dexion Commodities
DouglasBay Capital Dunedin Enterprise Investment Trust
European Assets Trust F&C US Smaller Companies
Fidelity European Values Finsbury Growth & Income Trust
Foreign & Colonial Investment Trust Gartmore Growth Opportunities
Gartmore Irish Growth Fund Geiger Counter Limited
Global Resources Investment Trust Golden Prospect Precious Metals
Hansa Trust HarbourVest Global Private Equity Limited
HarbourVest Senior Loans Europe HBM BioVentures
Henderson Far East Income Limited Henderson Global Trust
Henderson International Income Trust HSBC Infrastructure Company
Infrastructure India International Biotechnology Trust
Invesco Asia Trust Invesco Income Growth Trust
Is Private Equity J.P. Morgan Private Equity
JPMorgan Brazil Investment Trust JPMorgan European Smaller Companies Trust
JPMorgan Global Convertibles Income Fund JPMorgan Indian Investment Trust
JZ Capital Partners Limited LMS Capital
Martin Currie Global Portfolio Trust Merchants Trust (The)
Midas Income and Growth Trust Miton Income Opportunities Trust
Miton Worldwide Growth Investment Trust New City Energy
Ocean Wilsons Holdings Limited Pacific Assets Trust
Phaunos Timber Fund Polar Capital Global Healthcare Growth and Income Trust
PXP Vietnam Fund Rathbone Brothers
RENN Universal Growth Investment Trust Schroder AsiaPacific Fund
Scottish Oriental Smaller Companies Trust Securities Trust of Scotland
Sigma Capital Group Strategic Equity Capital
Templeton Emerging Markets Investment Trust The Diverse Income Trust
The European Investment Trust The Taiwan Fund
Utilico Emerging Markets Vietnam Infrastructure Fund
VinaCapital Vietnam Opportunity Fund VinaLand Ltd
Vision Opportunity China Fund WAM Active
WAM Capital WAM Research
Witan Investment Trust Witan Pacific Investment Trust
Worldwide Healthcare Trust
Y/E Jun Revenue (US$m) EBITDA (US$m) PBT (US$m) EPS (c) P/E (x) P/CF (x)
2012A 0.0 N/A (33.5) (26.3) N/A N/A
2013A 0.0 N/A 1.6 1.1 59.0 N/A
2014E N/A N/A N/A N/A N/A N/A
2015E N/A N/A N/A N/A N/A N/A

Last updated on 23/06/2014

Latest research

Investment summary

Leaf Clean Energy announced its recommendation that the company's investment policy be amended so that the board can pursue a strategy of orderly realisation and return of capital to shareholders. The orderly realisation strategy will not result in the liquidation of the company in the immediate future or require it to dispose of assets within a defined time frame. The proposed new strategy will be implemented in a manner that maximises the value of the company's investments. The circular proposing the changes to the investment policy, articles of association and the conversion of shares to redeemable shares was sent to shareholders on 11 June and the EGM is scheduled for 1 July.

Last updated on 30/06/2014

Industry outlook

The market for renewable investment has varied since fund launch in 2007. With the onset of the financial crisis, the subsequent recession and pressure on government budgets, appetite for the renewable sector waned, although recent indicators point to an improvement in sentiment.

Last updated on 30/06/2014

Key management

Matthew Fedors, Chairman
Yonatan Alemu, Chairman
Mark Lerdal, Chairman
Jim Potochny, CFO
Bran Keogh, Executive Director

Company address

Ugland House
George Town
Grand Cayman
KY1-1104
Cayman Islands
+1 202 289 7881
View website