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

Relative *2.0(24.7)(23.1)

* % Relative to local index

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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
Cayman Islands
+1 202 289 7881
View website