Impax Environmental Markets plc Company profile
About Impax Environmental Markets plc
Impax Environmental Markets plc is a United Kingdom-based investment company. The Company's investment objective is to enable investors to benefit from growth in the markets for cleaner or more efficient delivery of basic services of energy, water and waste. It makes investments quoted companies, which provide, utilize, implement or advise upon technology-based systems, products or services in environmental markets, particularly those of alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management, including sustainable food, agriculture and forestry. In the alternative energy and energy efficiency sector, it invests in businesses in various areas, such as wind turbine manufacturing, solar panel manufacturing and integration and biofuels, among others. It also invests in the waste technologies and resource management, and water treatment and pollution control sectors. Its investment manager is Impax Asset Management.
Financial summary
BRIEF: For the six months ended 30 June 2021, Impax Environmental Markets plc revenues increased from -£10.4M to £157M. Net income totaled £149.7M vs. loss of £14.7M. Revenues reflect Gains/(losses) on investments increase from -£14.3M to £147.8M, Dividend Income - Investment increase of 75% to £8.3M, Net foreign exchange gains/(losses) increase from -£1.2M to £166K.