This is with great pleasure that we welcome a new partner into the organization today! A new partner always brings new opportunities, ideas, point of views, and capital. This will allow us to strengthen our portfolio, improve diversification and achieve a greater performance. We’re still a small team, so everyone matters.
This arrival brings $425,700 in cash to the company, which will be gradually invested in our holdings. An additional amount representing 20% of the initial amount ($85,300) could be unlocked if certain conditions are met, after 3 months. The total amount resulting from this arrival could therefore be up to $511,000.
We started investing the capital obtained by opening a NextEra Energy $NEE (+0,22%) position with 250 shares as we’re looking to diversify into our energy sector. Another company might follow, as well as reinforcements of NextEra Energy.