Lanka Ventures publishes FY2025-26 annual report
Reuters2026/09/01 11:38- Lanka Ventures released its annual report for FY 2025/26, showing weaker operating momentum across its Sri Lanka renewables portfolio.
- Lower hydro and solar output hit generation income, partly offset by stronger performance at Unit Energy and Sapthakanya on higher rainfall.
- Earnings contribution from overseas associates fell as cyclone damage disrupted two hydro projects, with repairs completed in June 2026.
- LVL Energy Fund faced a liquidity squeeze from delayed Bangladesh dividends, prompting a LKR 507 million rights issue in June 2026 to cut debt.
- Jendo Innovations shifted to a US holding structure, leaving the group with a 16.1% stake in the Delaware entity following a USD 250,000 raise.
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