Added to YB: 2026-06-19
Pitch date: 2026-06-17
SEIT.L [neutral]
SDCL Efficiency Income Trust Plc
Author Info
No bio for this author
Company Info
SDCL Energy Efficiency Income Trust PLC invests in energy efficiency projects. The company was incorporated in 2018 and is based in London, United Kingdom.
Market Cap
GBP 374.5M
Pitch Price
N/A
Price Target
87.60 (+25291%)
Dividend
18.43%
EV/EBITDA
N/A
P/E
9.04
EV/Sales
7.75
Sector
Capital Markets
Category
special_situation
SDCL (LON: SEIT) just crashed 19%. Here's why.
SEIT.L (overview): UK infra trust crashed 19% as board cut 14% dividend to zero, prioritizing debt repayment & entering managed wind-down (vote 10 July). Gearing hit 71.9% NAV vs 65% limit; RCF ~£190M must be repaid first. Shares 37p vs 87.6p NAV; recent asset sale at 9% discount to book. Recovery hinges on disposal prices over multi-year wind-down. Author doesn't hold.
Read full article (4 min)