Core Viewpoint - Ellomay Capital Ltd. has successfully completed a separation process regarding its subsidiary, Ellomay Luzon Energy Infrastructures Ltd., which is expected to enhance the company's financial position and long-term growth strategy [1][5]. Separation Process - The separation process was conducted on March 27, 2026, following a ruling by the Israeli court and the appointment of Judge Hila Gerstel [2]. - The Luzon Group has committed to acquiring the shares of Ellomay Luzon Energy held by the company at a valuation of NIS 4.4 billion, with the consideration amounting to approximately NIS 560 million [2]. Share Purchase Agreement (SPA) - A share purchase agreement was signed on March 27, 2026, between Ellomay Clean Energy LP and the Luzon Group, with the sale subject to customary closing conditions [3]. - The SPA stipulates that the sale will be completed within two business days after the fulfillment of closing conditions, with a deadline of seven and a half months from the signing date [4]. Financial Implications - The transaction is anticipated to deliver substantial profit to the company, reflecting the significant value created in the asset over time [5]. - In the event of a material breach of the SPA, the breaching party may face liquidated damages and the other party may acquire shares at a reduced valuation of NIS 3.5 billion [4]. Company Overview - Ellomay Capital Ltd. focuses on renewable energy and power generation projects in Europe, the USA, and Israel, with significant investments in solar power plants and other renewable energy projects [6][7]. - The company has a diverse portfolio, including approximately 335.9 MW of operating solar power plants in Spain and a 16.875% indirect interest in Dorad Energy Ltd., one of Israel's largest private power plants [6].

Core Insights - Dominion Energy has activated the first commercial turbine in its Coastal Virginia Offshore Wind project, marking it as the largest offshore wind project in the U.S. and setting a timeline for the remaining turbines to be operational by early 2027 [1] - The completed wind farm is expected to generate approximately 2.6 gigawatts of power, sufficient to supply energy to 660,000 homes, and is part of a larger $64.7 billion spending plan focused on building infrastructure for data centers [2][3] Spending Plans - The Coastal Virginia wind project has an estimated cost of $11.5 billion, but this is only a fraction of Dominion's broader spending plans, with $54.8 billion allocated to support power requirements for data centers in Virginia [3] - Virginia hosts more data centers than any other state, benefiting from its proximity to deep-sea data cables and the U.S. capital, with Dominion already serving over 450 data centers [4] Revenue Generation - The capital investments made by Dominion are expected to generate recurring revenue as projects come online, positioning the company for long-term growth [5] - Management projects annualized earnings growth of 5% to 7% through 2030, which could lead to total returns in the range of 9% to 11% [7] Investment Considerations - Dominion is currently in an investment phase, taking on debt while maintaining an investment-grade credit rating of BBB+ from S&P Global [6] - The company has not increased its dividend in several years, with a payout ratio of 74% of current-year earnings estimates, and the stock currently yields 4.4% [6] - The stock trades at 16 to 17 times 2026 earnings estimates, which may not be considered a bargain given the anticipated growth [7]

Core Insights - SunPower Inc. (NASDAQ:SPWR) is recognized as one of the 11 most undervalued renewable energy stocks to invest in [1] - The company successfully completed the integration of Sunder Energy, emphasizing a structured acquisition process to mitigate risks associated with mergers [1][3] Company Overview - SunPower Inc. is a U.S.-based provider of residential solar installation, storage, and technology, headquartered in Fremont, California [5] - The company focuses on high-efficiency solar panels, battery systems, and financing solutions, serving homeowners and light commercial customers [5] Acquisition Integration Process - The integration process consists of five stage-gates, starting with Integration Review Zero, which outlines hundreds of tasks for successful mergers [3] - Subsequent phases include integrating core corporate functions, aligning product and sales organizations, and unifying branding and pricing strategies, culminating in a final review by a six-member integration board [3] Leadership Changes - On February 5, SunPower appointed Wendell Laidley as Chief Financial Officer, who has a background in equity research, investment banking, and finance leadership in technology firms [4]

Core Insights - Middle Eastern sovereign wealth funds and state-backed companies are expected to continue investing in Africa's renewable energy sector despite disruptions from the Iran war, driven by strong long-term economic and strategic motivations [1][5] Investment Trends - Investors from the Gulf region, benefiting from abundant oil and gas resources, are increasingly attracted to Africa's clean energy sector due to rising electricity demand, rapid urbanization, and the continent's growing role in global supply chains for critical minerals and manufacturing [2][5] - By the end of 2024, over $101.9 billion is projected to have been invested in Africa's renewable energy sector from Gulf countries, with the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, and Bahrain leading the investments [3] Regional Focus - Investment has been primarily concentrated in North Africa, Southern Africa, and parts of East Africa, while West Africa has seen relatively limited funding [3] Market Dynamics - Africa faces a significant electricity gap, with approximately 600 million people lacking access to power, creating opportunities for Gulf investors to diversify beyond oil and gas [4][5] - Governments are increasingly seeking private investors to finance solar, wind, and hybrid power projects to expand generation capacity without straining public finances [4] Strategic Considerations - Gulf investments in Africa are driven by pragmatic national interests and strategic returns, with ongoing energy investments being long-term projects that have been in development for years [5] - Disruptions to oil and gas shipments due to the Iran war may reinforce the need for renewable energy investments, highlighting vulnerabilities in traditional supply routes [6]

Core Insights - Actis has completed the sale of Orygen, a major power generation company in Peru, to Grupo Romero, enhancing Grupo Romero's energy portfolio [1] - Orygen is recognized as Peru's second-largest power generation platform with a total installed capacity of 2.3GW, which includes diverse energy sources such as wind, solar, hydroelectric, and thermal gas [1] Company Developments - Under Actis' ownership since 2024, Orygen has established itself as a leader in renewable energy in Peru, following strategic acquisitions including Enel's stake in Enel Generación Perú and full ownership of Compañía Energética Veracruz [2] - Significant developments during Actis' ownership include the completion of the Wayra 2 wind farm (177MW) and the initiation of construction for the Wayra Solar project (100MW-peak) [2] Financial Performance - Orygen secured over 1.7 terawatt-hours of renewable energy from third-party developers in the past year, which has increased its attractiveness to commercial and industrial clients [3] - A notable financial achievement was the issuance of a $1.2 billion (4.13 billion new sol) investment-grade bond in September 2024, marking the largest single-tranche Peruvian private corporate bond sale at that time [3] Strategic Initiatives - The bond issuance improved Orygen's financial structure and showcased investor confidence in its strategic direction and asset quality [4] - Actis has focused on digital transformation, strategic repositioning, commercial enhancement, and capital structure optimization to solidify Orygen's status in the national energy sector, facilitating an accelerated exit strategy [4] Investment Insights - Actis' managing director highlighted that Orygen represented a prime opportunity for sourcing high-quality businesses and applying operational and financial expertise to enhance value [5] - Since its inception, Actis has invested $11 billion in the global energy sector and currently manages $8.5 billion in energy assets [5] Global Operations - The company has built, operated, or contracted approximately 42GW of capacity worldwide and has successfully exited over 50 investments across real assets [6] - In December 2025, Mubadala Investment Company partnered with Actis, committing around €300 million ($351.25 million) to support Rezolv Energy, an independent renewables platform in central and eastern Europe [6]

Core Insights - RWE has successfully secured Contracts for Difference for 6.9 gigawatts in the AR7 auction, exceeding expectations and establishing a solid foundation for future power revenues [1] - The company emphasizes resilience in energy markets through strategic investments despite geopolitical tensions and policy changes, with a focus on large-scale investments and partnerships [2][3] - RWE's financial performance for 2025 met the upper end of guidance, with adjusted EBITDA of EUR 5.1 billion and adjusted net income of EUR 1.8 billion, alongside a raised dividend [4][11] Investment Strategy - RWE plans to invest a net total of EUR 35 billion through 2031, targeting a portfolio expansion to approximately 65 gigawatts, with an expected average internal rate of return of over 8.5% [5][7] - The investment focus includes EUR 17 billion for U.S. projects, primarily in renewables and storage, while also expanding flexible generation in Germany [8][9] - The company aims to add a net 5 gigawatts of offshore wind capacity by 2031, with additional investments in onshore wind and solar across Europe [17] Financial Position - RWE maintains a strong balance sheet with a leverage ratio of net debt/EBITDA at 2.1 and an equity ratio of 41%, supported by green bond issuances and strategic partnerships [3][15] - The company reported total gross investments of about EUR 11 billion in 2025, with significant contributions from offshore wind projects [13] - RWE's dividend policy targets a growth rate of 10% annually, with plans to pay EUR 1.20 per share for the past financial year [16][19] Operational Highlights - RWE commissioned over 60 projects totaling 2.8 gigawatts, with a significant portion of new capacity connected in the U.S. [12] - The company has more than 100 projects totaling 10.3 gigawatts under construction globally, indicating robust operational activity [12] - Electricity production increased by 4% year-over-year, although lower wind speeds impacted generation from wind farms [14] Future Guidance - For the current year, RWE projects adjusted EBITDA between EUR 5.2 billion and EUR 5.8 billion, with adjusted net income expected to range from EUR 1.55 billion to EUR 2.05 billion [20] - The company forecasts adjusted EBITDA of EUR 6.2 billion to EUR 6.8 billion for 2027, with earnings per share anticipated to reach EUR 3.05 [20]

Core Insights - Greencoat UK Wind reported strong net cash generation of GBP 291 million for 2025, despite facing challenges such as low wind speeds and lower power prices [1][4][6] - The company has maintained a consistent dividend growth policy, targeting a 2026 dividend of 10.7 pence, which represents a 3.4% increase from 2025 [8][4] - Greencoat UK Wind is the largest listed UK renewable investment trust, owning approximately 6% of the UK's wind farms and generating around 2% of the country's electricity annually [3][4] Financial Performance - In 2025, the company generated GBP 291 million in net cash, with a dividend cover of 1.3x, which management considers resilient given the circumstances [1][6] - The portfolio has produced GBP 2.4 billion in cash available for allocation over its operating history, with GBP 1.4 billion paid to investors in dividends [2] - The company reported a forecasted dividend cover of 1.8x over the next five years, with an estimated GBP 1 billion available for allocation during that period [8][6] Capital Allocation and Strategy - Management executed disposals totaling GBP 181 million in 2025 and GBP 222 million over the past 14 months, alongside GBP 109 million in share buybacks and GBP 168 million in debt reduction [5][17] - The company has changed its fee structure to align with shareholder experience, resulting in a cash saving of approximately GBP 6 million in 2025 [13] - Greencoat UK Wind aims to reduce gearing to preserve optionality while focusing on disciplined reinvestment in low-cost, high-optionality investments [15] Market Conditions and Risks - The company faced headwinds in 2025 due to weaker wind generation, which was about 8.5% below budget, and lower power price forecasts, leading to a reduction in NAV [6][9] - Management has reduced its power price forecast by about 10% through the end of the decade, primarily due to lower gas price assumptions [11] - Approximately 60% of cash flows over the next five years are fixed, with most linked to CPI, allowing the company to cover dividends even under bearish scenarios [12] Operational Insights - Greencoat UK Wind holds interests in 49 wind farms and emphasizes a simple investment model focused on inflation-linked dividends and reinvestment [3][4] - The company has noted that annual wind output volatility is normal and has adjusted long-term generation expectations downward by about 2.4% per year [16] - Management discussed the synergy between solar and battery storage, indicating that current conditions favor solar over wind for co-located storage solutions [18]

Core Viewpoint - RBC Trust (Trinidad & Tobago) Limited is set to become one of the largest shareholders of MPC Caribbean Clean Energy Limited by converting a US$10 million promissory note into equity, significantly altering the company's ownership structure [1][2]. Ownership Structure - The board approved the conversion of the US$10 million Convertible Promissory Note into 10 million new Class B shares, pending regulatory approval, increasing the total Class B shares from 26.94 million to 36.94 million [2]. - Post-conversion, RBC Trust will hold approximately 27% of MPC's outstanding shares, positioning it as one of the most significant investors in the company [2][4]. Market Listing - MPC intends to list the new shares on both the Trinidad and Tobago Stock Exchange and the Jamaica Stock Exchange [3]. Shareholder Dynamics - The transaction will shift MPC's ownership profile, with RBC Trust potentially becoming the largest Class B shareholder, surpassing current major shareholders like Teachers Credit Union and MPC Capital AG [4]. Company Portfolio - MPC owns renewable energy assets in the Dominican Republic, Costa Rica, and El Salvador, having exited the Jamaican market in April 2025 [5]. - The company's portfolio includes the Monte Plata solar facility, Tilawind wind farm, and San Isidro project, collectively generating nearly 34 gigawatt-hours of electricity in the December 2025 quarter, while avoiding over 12,000 tonnes of carbon emissions [5]. Financial Performance - For the fourth quarter ended December 2025, MPC reported a comprehensive loss before tax of US$348,000, an improvement from a US$1.4 million loss in the same quarter the previous year [6]. - Operational performance varied, with the San Isidro project performing well, while Tilawind faced challenges due to weaker wind conditions and technical issues, and Monte Plata dealt with grid limitations [6]. Strategic Implications - The RBC conversion, if approved, will integrate a prominent Caribbean financial institution into MPC's shareholder base, potentially enhancing liquidity and visibility for the stock, which currently trades thinly on both exchanges [7].

As filed with the U.S. Securities and Exchange Commission on February 25, 2026. Registration No. 333-_________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Founder Group Limited (Exact name of registrant as specified in its charter) British Virgin Islands 4911 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Identification Number) N ...

Core Insights - WEC Energy Group reported Q4 2025 earnings of $1.42 per share, exceeding the Zacks Consensus Estimate of $1.38 per share by 2.9%, but down 0.7% from $1.43 per share in the same quarter last year [1][2] - The company achieved adjusted earnings of $5.27 per share for 2025, reflecting an 8.0% increase from $4.88 per share in 2024 [2] Revenue Performance - Operating revenues for Q4 2025 were $2.54 billion, surpassing the Zacks Consensus Estimate of $2.45 billion by approximately 3.7%, and increased 11% from $2.28 billion in the year-ago quarter [3][7] - Total revenues for 2025 reached $9.80 billion, a 14% increase from $8.60 billion in 2024 [3] Consumption and Deliveries - Retail electricity deliveries increased by 2.2% in Michigan's Upper Peninsula and 1.1% in Wisconsin year-over-year [4] - Electricity consumption by small commercial and industrial customers rose by 1.6%, while residential consumption increased by 3.5% in 2025 [4] Operating Expenses and Income - Total operating expenses were $2.08 billion, up 23% from $1.69 billion in the previous year, primarily due to higher sales costs and increased operating and maintenance expenses [5] - Operating income fell to $452.9 million, a decrease of 23.4% from $590.9 million in the year-ago quarter [5] Financial Position - As of December 31, 2025, WEC had cash and cash equivalents of $27.6 million, up from $9.8 million at the end of 2024 [6] - Long-term debt increased to $18.50 billion from $17.18 billion in 2024 [6] - Net cash provided by operating activities was $3.38 billion, compared to $3.21 billion in the previous year [6] Future Outlook - WEC reaffirmed its 2026 earnings projection in the range of $5.51-$5.61 per share [9] - The company anticipates a 1.6% growth in retail electric sales in Wisconsin and a 5.8% increase in the large commercial and industrial segment from 2025 [9] - Planned investments include $7.4 billion in natural gas generation and LNG storage, and $12.6 billion to add 6,500 MW in renewable energy from 2026 to 2030 [9][10] Capital Expenditure - Capital expenditure for 2025 totaled $4.40 billion, compared to $2.78 billion in 2024 [8]