Despite macroeconomic challenges, Gore Street’s asset value surged 45% over the six months from 31 March 2022, as ancillary service revenues stayed strong.
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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.
Foresight Solar has completed its second acquisition of a standalone battery energy storage asset.
Octopus Renewables Infrastructure Trust (ORIT) has acquired a c.68MW ready-to-build solar PV project in Cambridgeshire from AGR Renewables.
High power prices continue to drive up the value of solar assets in the UK, with this expected to continue at least throughout 2022.
High power prices in the UK and Europe have pushed up the net asset value (NAV) of Octopus Renewables Infrastructure Trust’s (ORIT) portfolio, hitting £577.7 million or 102.26 pence per ordinary share at the end of 2021.