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John Laing weighed down by renewables weakness

The infrastructure investor's net asset value declined in the first half as Covid-19 hit its renewable energy assets
John Laing weighed down by renewables weakness

Infrastructure investor John Laing (JLG) saw its net asset value (NAV) drop from 337p at the December year-end to 309p at the end of June, as its renewable assets were hit by lower power price forecasts and higher discount rates to account for the uncertain outlook.

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