Eco Business – The major shareholder of wind farm operator Infigen Energy has forced the resignations of chairman Graham Kelly and director Tony Battle.
London-based hedge fund The Children’s Investment Master Fund (TCI) has been agitating for a board seat to represent its 22 per cent holding, and is said to have threatened to call a special shareholder meeting to muscle its way on to the board. TCI is also said to have indicated it would vote against Mr Battle’s re-election at next Thursday’s annual meeting.
