Forward of publication of annual outcomes to 31 December 2023 on 29 April, the belief mentioned in a buying and selling assertion on Wednesday (18 April) that it could focus its capital allocation on money preservation and debt discount for the remainder of the yr.
In response to the board, the dividend and buyback suspension will allow the belief to finish its ongoing building programme, which it mentioned will drive its near-term money move potential and inform its future dividend coverage.
Vitality storage belief steadiness sheet resilience beneath scrutiny as income woes persist throughout sector
“The BESS sector,…
