Foresight Solar Fund Limited : Investment Update

Foresight Solar Fund Limited : Investment Update

Foresight Solar Fund Limited: Investment Update 

Foresight Solar Fund Limited ("FSFL" or "the Company") is pleased to confirm the successful connection to the Grid of the 30MW Copley asset. The asset will qualify for the 1.3 Renewable Obligation Certificate ("ROC") banding under the Renewable Obligation ("RO") 12-month grace period for projects greater than 5MW.

All 16 assets in the Company's 338MW portfolio are now fully operational.

The Company has secured exclusivity over an attractive pipeline of assets that will support the growth of the Company in 2016. The Company will assess opportunities to take advantage of this pipeline including through additional issues of equity and/or the refinancing of its existing acquisition facility through the introduction of long-term financing in Q1 2016.  

ENDS

For further information, please contact:

 
 
Foresight Group 
Elena Palasmith  epalasmith@foresightgroup.eu  +44 (0)203 667 8100
  
  
  
 

Stifel Nicolaus Europe Limited
 

+44 (0)20 7710 7600
Mark Bloomfield

Neil Winward

Tunga Chigovanyika

 
 
J.P. Morgan Cazenove

William Simmonds
+44 (0)20 7742 4000



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Foresight Solar Fund Limited via Globenewswire

HUG#1972866
UK 100

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