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.
 
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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)20 3667 8100
Stifel Nicolaus Europe Limited
Mark Bloomfield +44 (0)20 7710 7600
Neil Winward
Tunga Chigovanyika
J.P. Morgan Cazenove
William Simmonds+44 (0)20 7742 4000