SEEIT weighs up trust acquisitions, UK.

London-listed SDCL Energy Efficiency Income Trust (SEEIT) is considering acquiring smaller investment trusts to reduce its share price discount. SEEIT's net asset value decreased by 10.9% due to an increase in the unlevered average discount rate, caused by high interest rates, inflation, geopolitical instability, and high energy costs. The company posted a loss of £56 million ($70.9m) for the year but saw an 8% return on its portfolio, valued at £1.117 billion. SEEIT has already sold UU Solar and is exploring additional asset sales, as well as implementing measures to improve investor confidence and reduce short-term borrowing. [Extracted from the article]