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JADE POWER TRUST (CAD) JPWR.H.CA

Jade Power Trust is a Canadian open-ended limited purpose trust whose core business was acquiring, owning and operating renewable energy assets, with a particular focus on solar, wind and hydro power to generate electricity for sale under long-term power contracts.

The trust was formed to deliver stable cash flows and a suitable risk-adjusted return to unitholders, investing primarily through its subsidiaries in Canada, the Netherlands and Romania, as well as other countries in Europe and abroad. Jade Power intends to qualify as a mutual fund trust under Canada's Income Tax Act and avoids holding "non-portfolio property" so as not to become a SIFT trust.

In November 2022 the trust completed a sale transaction of all its renewable energy operating assets to an affiliate of Enery Power Holding GmbH, receiving net cash consideration of approximately €66 million; following that transaction, the trust's strategy with respect to operations and distributions has shifted due to the divestiture.

Fund · Canada
Entry
Entry: Not yet
A classic falling-knife setup. Price is below SMA 20 and the moving averages are declining. Early bounces inside downtrends often fade. Wait for price to reclaim SMA 20 and for the slopes to stop falling before considering an entry.
Trend
Trend: Watch close
Price has closed below SMA 20. The short-term trend has weakened, though nothing more serious has triggered yet. Watch closely for follow-through toward SMA 50.
Price development
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Years

Quick facts

Market Cap:CAD 0.12 M
EUR 0.08 M

About Jade Power Trust (CAD)

Basic company information

Fund description

Jade Power Trust is a Canadian open-ended limited purpose trust whose core business was acquiring, owning and operating renewable energy assets, with a particular focus on solar, wind and hydro power to generate electricity for sale under long-term power contracts.

The trust was formed to deliver stable cash flows and a suitable risk-adjusted return to unitholders, investing primarily through its subsidiaries in Canada, the Netherlands and Romania, as well as other countries in Europe and abroad.

Jade Power intends to qualify as a mutual fund trust under Canada's Income Tax Act and avoids holding "non-portfolio property" so as not to become a SIFT trust. In November 2022 the trust completed a sale transaction of all its renewable energy operating assets to an affiliate of Enery Power Holding GmbH, receiving net cash consideration of approximately €66 million; following that transaction, the trust's strategy with respect to operations and distributions has shifted due to the divestiture.

More information

Ex-datePayment dateAmount (CAD)
2022-12-132022-12-1232.40
2016-08-082016-08-153.1644
2016-03-292016-04-152.1204
2015-12-292016-01-152.1204
2015-09-242015-10-152.1204
2015-07-022015-07-152.1204
2015-03-272015-04-152.0913
2014-12-292015-01-152.1422
2014-09-262014-10-152.1422
2014-06-262014-07-150.79
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