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Foresight Solar Fund sees strong progress

By BFN News | 09:12 AM | Wednesday 20 August, 2014

Foresight Solar Fund Limited reports strong progress in the formation of the company's portfolio of solar investments in the period from 13 August 2013 to 30 June and since the period end. The net asset value per ordinary share increased to 103.62p at 30 June - up from 98.0p at launch on 29 October. Chairman Alexander Ohlsson said: "The board and Foresight Group CI Limited, the investment manager, believe that strong progress has been made in maintaining the company's position on the UK listed market as the largest solar specific renewable infrastructure company. "This position is expected to strengthen further once the exchanged contracts to acquire the Kencot and Bournemouth plants complete. Together this will lead to a combined enterprise value of £250M for the company. This growth in scale gives us confidence in further achieving the original objectives of the company." At 9:12am: (LON:FSFL) Foresight Solar Fund Limited Ord Npv share price was 0p at 103p Story provided by

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