Dukemount Capital Plc (LSE:DKE) signed an agreement to acquire 50% stake in HSKB Limited from Matthew Clare on March 22, 2021. Dukemount will manage the construction of the two sites and provide its knowledge of long-dated income funding and financing, HSKB brings its technical, operational and market expertise of the UK flexibility power market as well as access to a pipeline of further deals and will provide yield management of each site. The transaction is subject to due diligence and agreements. Lucy Williams of Peterhouse Capital Limited acted as financial advisor to Dukemount Capital Plc. Dukemount Capital Plc (LSE:DKE) acquired 50% stake in HSKB Limited from Matthew Clare on October 4, 2021. As of September 15, 2021, Dukemount Capital has successfully signed off a subordinated funding package necessary to enable completion of the senior debt funding for the gas peaking projects. Dukemount has issued 15,119,442 ordinary shares ("New Shares") at a subscription price of 0.3077 pence per ordinary share (being 93% of the lowest daily VWAP of the last 10 Trading Days (being VWAP of 0.3308 pence reported on 13 September 2021) in settlement of the implementation fees arising under such funding package. HSKB has also changed its name to DKE Flexible Energy Limited