New Energy Solar (ASX:NEW) says no asset sale decision has been made

Company News

by Rachael Jones

New Energy Solar Manager (ASX:NEW), the Investment Manager for New Energy Solar today addressed the recent media speculation from news service SparkSpread regarding a potential asset sale.

While New Energy intends to be a long-term owner of solar power assets, from time to time the Business tests the market value of selected assets.

At this stage no decision has been made to proceed with any asset sale.

Shares in New Energy Solar Manager (ASX:NEW) are trading flat at $1.26.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.