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Foresight Solar Fund sees 2.1% NAV increase in Q3 due to high power forecasts and rising inflation
Foresight Solar Fund (FSF) has recorded a 2.1% net asset value (NAV) increase to £771.2 million due to high-power forecasts and rising inflation.
Articles tagged with: Foresight Solar Fund
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Present energy prices are ‘unsustainably high’, warns Foresight Solar Fund
Power prices are continuing to boost solar asset value, with Foresight Solar Fund reporting its net asset value (NAV) per share, EBITDA and consolidated revenues jumping over the first six months of 2022, but the fund said prices are unsustainably high currently.
Fire breaks out at Verwood solar farm in Dorset
A fire broke out at a solar farm yesterday (Monday 11 July) in Verwood in Dorset.
Power prices increased 83% y-o-y in 2021 driving up Foresight Solar’s revenue
High power prices helped bolster Foresight Solar Fund’s financial results for 2021, the company confirmed yesterday (9 March).
Foresight to fund new solar and battery storage acquisitions with £150m Revolving Credit Facility
The acquisition and construction of new ground-based solar PV and battery storage projects by Foresight Solar is to be funded through a new three-year facilities agreement.
High irradiation drives strong solar generation for Foresight as it eyes further PV pipeline
Strong asset operational performance and above budget irradiation in the first half of 2021 resulted in generation from Foresight Solar Fund’s UK portfolio being 1% above budget over the last year.
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Q&A: Foresight Solar’s Ricardo Pineiro talks high power prices and supply chain challenges
Foresight Solar’s head of UK solar Ricardo Pineiro chatted with Solar Power Portal just before Christmas to reflect on the solar sector's growth over the past year, and the key trends that are continuing into 2022.
Anesco to build 100MW of battery storage for Foresight and JLEN
Anesco is to build and maintain 100MW of battery energy storage for JLEN and Foresight Solar Fund Limited (FSFL).
Highest power prices since Foresight’s inception drive strong H1 results
Rebounding power prices have driven Foresight Solar Fund’s results in the first half of 2021, with its net asset value jumping to £596.4 million.
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Power prices continue to impact asset value for Foresight Solar Fund
The impact of the low power prices in the UK is continuing to be felt, as Foresight Solar Fund announces Net Asset Value (NAV) drop.
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Foresight continues to focus on fixed revenue streams as it eyes battery storage
Foresight Solar Fund has confirmed its continued focus on fixed revenue streams as the impact of COVID-19 continues to be felt.
Foresight unveils co-located utility-scale battery storage ambitions
Foresight Solar Fund is looking to diversify its portfolio with the addition of utility-scale battery storage systems.
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Foresight eyes up London Stock Exchange as it unveils IPO plans
The Foresight Group has today announced it is considering proceeding with an initial public offering (IPO) in a move that executive chairman and co-founder Bernard Fairman described as the “next logical step” for the investor.
Foresight Solar Fund sees overperformance of 15.9% but low power prices mar NAV
Despite challenges created by the COVID-19 pandemic, Foresight Solar Fund has seen its UK portfolio perform 15.9% above base case.
Foresight portfolio sees 9% over-performance but NAV continues to falter
Foresight Solar Fund has seen generation from its UK portfolio perform 9% over budget due to high levels of irradiation.
Foresight Solar Fund closely monitoring COVID-19 as power prices fall
Foresight Solar Fund has stated that COVID-19 has caused no operational disruption so far, but it is closely monitoring the situation.
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Q&A: Foresight’s Ricardo Piñeiro talks the rise of subsidy free and high power prices
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Solar Power Portal sat down with Ricardo Piñeiro, head of UK Solar at Foresight Group, to discuss the rise of subsidy free solar, the return of the contracts for difference auction (CfD), and the effect of the Targeted Charging Review (TCR).
Foresight’s portfolio outperforms budget as company focuses on asset optimisation
Despite challenges to net asset value (NAV), Foresight Solar Fund’s portfolio continued to outperform budget as the company turned its focus to asset optimisation.
UK solar heavyweights welcome ‘encouraging’ CfD return
Some of the UK’s solar stalwarts have welcomed the government’s consultation on allowing solar and onshore wind back into the Contracts for Difference (CfD) scheme.
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Power price forecasts bring down Foresight’s NAV per share
The Foresight Solar Group has announced a net asset value (NAV) of £626.9 million in its update for 31 December 2019.
Foresight to ‘optimise’ capital structure, pay down debt with new share placing
Foresight Solar Fund has announced its intention to raise funds via a new share placing in order to pay down its existing debt.
Net zero can be a catalyst for subsidy-free solar, Foresight says
The UK’s net zero law stands to create a “supportive environment” that could act as a catalyst for subsidy-free solar developments, Foresight Solar Fund has said.