Saturday, 6 December 2008

Rumour of the day - Novera Energy

Novera Energy, the wind farm developer, whose shares have halved in two months over worries about financing and low energy prices, edged up ½p to 38p amid talk that it had received several offers to buy a stake in its next farm at Glenkerie in Scotland, in return for funding at less than 2 per cent above Libor. KBC Peel Hunt has “buy” advice.