Issue 194: Concord New Energy’s Reit speculation; Year-end goal for Indonesia-Singapore clean-electricity trade

Concord New Energy Group (CNE) has not dismissed speculation regarding the sale of a real estate investment trust (Reit), but it may not be the optimal time for such a move. A favorable opportunity for asset spin-off is unlikely to arise soon.

Sustainable investing

Concord New Energy Reit? Not so fast

Renewables power developer Concord New Energy Group (CNE) hasn’t shut down speculation about selling a real estate investment trust (Reit), but this may not be the best time for the company to be spinning off assets.

In fact, a friendly window of opportunity may not appear in the near future.