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.£65.7m
Last close51.000p
High / Low (52 weeks)55.5p / 46.5p
Stock market listingAIM
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies & Trusts
SectorInvestment Companies

Price performance

%1m3m12m
Actual(6.4)4.1(2.9)
Relative *(6)8.5(7.4)

* % 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 77.1 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 26/03/2014

Latest research

Investment summary

Leaf Clean Energy announced its interim results with NAV per share of 141.27c or 85.24p at $1.6574 to £1 (30 June 2013: 142.66c). This consisted of a $0.4m revaluation in the carrying value of portfolio companies, while additional direct equity investments of $5.9m were made into existing portfolio businesses. It earned $0.8m of interest income from debt investments in investees and received cash payments of accrued and current interest and repayments of capital totalling $0.7m and $5.1m respectively. Leaf also announced that chairman Peter Tom and executive director Bran Keogh will be stepping down from 31 May 2014, with Stephen Coe and Mark Lerdal appointed as directors from 1 April 2014.

Last updated on 31/03/2014

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 31/03/2014

Key management

Peter Tom, Chairman
Matthew Fedors, Chairman
Yonatan Alemu, Chairman
Jim Potochny, CFO
Bran Keogh, Executive Director

Company address

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