UK's Atrato Onsite Energy jumps on agreeing to sell solar assets portfolio
** Shares in Atrato Onsite Energy ROOFA.L climb 19.7% to 76.6p
** Shares hit highest level since August 2023, stock top pct gainer on FTSE smallcaps .FTSC index
** UK-based energy-focused investment firm signs conditional agreement to sell its solar assets portfolio for 218.7 mln pounds ($287.63 mln) to JV owned by Brookfield and RAIM Apollo
** Co recommends shareholders vote in favour of disposal
** Upon completion, Atrato Onsite Energy will seek shareholder nod for voluntary liquidation of co
** Expects liquidators to make initial distribution of substantially all net assets of co in February 2025
** As of last close, stock had fallen ~11% this year
($1 = 0.7603 pounds)
Reporting by Prerna Bedi in Bengaluru
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