SQN Asset Finance Income Fund said progress continued to be made on a US resolution for the protection of the country's solar cell industry, and specifically for the company's investment in Suniva.
The resolution was originally due to be announced by the White House on 12 January, but the date was pushed back 14 days while the US Trade Representative's Office commissioned a special report to set the stage for the remedy announcement.
The special report is intended to pre-empt any objections to the remedy that may be brought before the World Trade Organization, SQN said.
"While there can be no assurances until the actual announcement, which cannot be delayed beyond 26 January 2018, the company interprets the government's action in issuing the special report as a strong indication that it intends to take decisive action in implementing a remedy," it added.
At 2:00pm: (LON:SQN) Sqn Asset Finance Income Fund share price was +0.6p at 91.9p