Solar farms operator Bracken applies for listing in UK

UK solar park. Author: Robert Pittman. License: Creative Commons, Attribution-NoDerivs 2.0 Generic

August 23 (Renewables Now) - Bracken Trading Plc, a diversified group that operates two solar power plants in the UK, has applied for admission of its preference share capital to trading on the NEX Exchange Growth Market.

The company expects its preference shares, totalling 10,000, to be admitted to trading on September 9, under the ticker NEX:BRAC.

Bracken Trading has two businesses -- property lending and solar operations. The former offers short and medium-term financing to property developers, while the solar activities involve the acquisition and construction of commercial solar farms, either for sale or long-term ownership.

The company currently has two solar parks, including the one held by MTS Spittleborough Solar Ltd and acquired by Bracken Trading in April 2019.

More stories to explore
Share this story
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription