Edited Transcript of Daily Mail and General Trust PLC earnings conference call or presentation Wednesday, November 25, 2015 at 9:30:00am GMT. Good morning, ladies and gentlemen, and welcome to the DMGT results presentation for the year ended September 30, 2015.
Now, the middle column you've got a series of names there. That's all in energy. These are all deals done by our Genscape business, which is headquartered in the US. I won't go through them all; I'll just focus on Locus Energy, which is the larger of these transactions. Locus Energy is another company based in New York run by an entrepreneurial team again, and it monitors and collects data on solar installations.
I'm sure you all know that solar is one of the coming sources of energy, growing particularly quickly in the US. So much so that the supply of solar is beginning to affect energy prices in many markets and, therefore, it's essential that Genscape catches that as another data feed into the information it provides for energy trading. So I think a very timely move by Genscape into [that] energy sector. And maybe, in time, they will be able to expand that on a more global basis. There's plenty of solar developments around the world.