Vh Global Energy Infrastructure Plc — Disposal of Six Brazilian Solar PV Assets

(LSE:ENRG) VH Global Energy Infrastructure plc has entered into an agreement for the sale of six operational solar PV assets located in the Rio de Janeiro state, with a total installed capacity of 11.7 MWp. The total consideration for the assets will be at least R$38.0 million (approximately £5.4 million), representing 92% of the assets' NAV as of 31 March 2026. R$35.0 million is payable at closing, and R$3.0 million is deferred consideration, payable 12 months after signing and subject to adjustment for payments and costs related to labour claims against the construction contractors. There is a further performance-based earn out payable 12 months after signing, which could be up to R$12 million in aggregate if the assets generate revenues above expectations. Net proceeds from the transaction will be returned to shareholders via a bonus issue of redeemable B shares under the B share scheme. No realisation performance fee to the Investment Manager is expected to result directly from the sale of the assets. The transaction is the second disposal under the Company's shareholder-approved Asset Realisation Strategy, following the agreement for the sale of its two US liquid storage terminals. The remaining seven operational Brazilian solar PV assets, contracted with Telefônica, are at an advanced stage in a separate sales process under exclusivity with a Brazilian strategic player in distributed generation.

Confirmation of Capital Reduction

VH Global Energy Infrastructure plc announced that on 28 April 2026, the High Court of Justice of England and Wales confirmed the cancellation of the Company's share premium reserve, referred to as the Capital Reduction. The Capital Reduction will become effective upon registration of the Court Order at Companies House. The Company is pursuing an asset realisation strategy and plans to return proceeds to Shareholders via a B share scheme. No action is required from Shareholders at this time. The Company will provide a further update when the Court Order has been registered.

VH Global Energy Infrastructure PLC