Renewable investment company, Foresight Solar Fund, has released its Net Asset Value (NAV) and Trading update for Q4 2022 reporting a slight increase in its unaudited NAV and forecasting that inflation will offset downward pressure caused by the windfall tax.
The Electricity Generator Levy is set to have a small impact on Foresight Solar Fund’s portfolio, and no impact on its UK battery portfolio whatsoever.
Foresight Solar has completed its second acquisition of a standalone battery energy storage asset.
Global revenues of Foresight Solar Fund’s portfolio have surpassed expectations during Q1 2022 as the company records increased net asset value (NAV).
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.
The Foresight Group’s full portfolio of sustainable infrastructure, including its UK solar assets, is being digitalised in a new agreement with Sennen.
JLEN is to fund new battery storage and biogas investments with the proceeds of a new oversubscribed £56.9 million placement.
Foresight Solar Fund and JLEN have each acquired a 50% equity stake in Sandridge Battery Storage Limited, which holds the development rights to the 50MW lithium-ion Sandridge Battery Storage project.
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Foresight Solar Fund is looking to diversify its portfolio with the addition of utility-scale battery storage systems.
Foresight Group and Elgin Energy are to develop 200MW of UK solar PV as part of a new partnership.
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Foresight has completed its acquisition of fellow investment company Pensions Infrastructure Platform (PiP).
Foresight has acquired fellow investment company Pensions Infrastructure Platform (PiP), in a move that broadens the group's infrastructure platform.
Foresight Solar Fund has seen generation from its UK portfolio perform 9% over budget due to high levels of irradiation.
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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 Solar Fund has announced its intention to raise funds via a new share placing in order to pay down its existing debt.
Firm turns to UK, German, Japanese banks to wrap up £245 million debt refinancing of 28 up-and-running plants across the country.
Foresight Group has clinched a deal to acquire John Laing Environmental Assets’ (JLEN) advisory mandate, propelling Foresight’s assets under management to £4 billion.
Foresight Solar Fund Limited (FSFL) has acquired a portfolio of 11 operational solar farms in the UK for a total consideration of £33.1 million.
Foresight Solar Fund has issued almost 54 million ordinary shares in an effort to raise £34 million to transfer ownership of 11 solar farms from other funds managed by the Foresight Group.
Foresight Solar Fund is targeting the purchase of a 72MW solar farm portfolio for just over £30 million as the investor continues its pattern of acquisitions over 2018.
Foresight Solar Fund (FSF) recorded above-expectation performance on the back of strong summer sun, but incidents including cable theft and other outages have beset the fund’s operations.
Foresight Solar Fund (FSFL) has laid claim to the top spot among UK-listed solar investors having completed the acquisition of a 114MW portfolio.
Foresight Solar Fund has increased its exposure to solar power purchase agreements (PPAs) to reduce cash flow volatility, the company has said.
Foresight Solar Fund has announced the addition of five new solar parks to its portfolio, totalling 53.3MW in capacity.
Foresight has revealed it recouped around £13 million in compensation for lost production last year as it cast its eyes beyond what it has termed a “transitionary” year for UK solar.
Foresight Group is expecting to close its first battery storage acquisition in the coming weeks as it looks to complement its existing infrastructure portfolio.
Foresight Solar Fund has set its sights on a new pipeline of solar assets with a capacity of 250MW and announced a new share issuing and placing programme to fund it.
Foresight Solar Fund has continued to experience serious underperformance issues with SunEdison-built assets that it owns a year after the problems were first made public.
Foresight Solar Fund has acquired the 72MWp Shotwick Solar Park, which remains the UK’s largest by generation capacity.