A block trade worth around $20m in scantily traded green energy producer Montauk this month has signalled the emergence of a new shareholder.

Last week Montauk confirmed that Zurich-based Swisspartners Marcuard Heritage AG has increased its stake in the group to 10.1%. This makes Swisspartners the fourth-biggest shareholder in Montauk, behind current and former directors of empowerment investment company Hosken Consolidated Investments (HCI).

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