2013 News

UK Green Investment Bank and Foresight Group forge investment consortium to construct £47.8m renewable energy plant in Birmingham

To view or print a pdf copy of this announcement click here Joint project to construct 10.3 MWe renewable energy plant in Tyseley, Birmingham, the first of its kind in the UK, using innovative gasification process, proven in North America; Per annum the project is expected to save around 107,000 t...

Foresight Group assets under management exceed £1 billion

Group highlights for 2013 include: IPO of the £150m Foresight Solar Fund Limited (ticker FSFL) on LSE £60m index- linked solar Solar Bond, listed on LSE Acquisition of UK’s largest operating Solar Plant, at 32MW in Wymeswold, Leics. Acquisition of 24MW Solar Plant in Calabria, Italy, by ForVEI A...

Evance established as clear leader with 50 percent share of small wind turbine market

According to the latest market statistics from RenewableUK, the UK market for 1.5kW–15kW small wind turbines grew by nearly 40 percent in 2012. The majority of customers across the UK chose the Evance R9000 turbine resulting in Evance growing ahead of the sector - capturing market share, with year-o...

The UK's first recycling facility for shopping bags and plastic films

The UK’s 1st recycling facility for shopping bags and plastic films Creation of 32 "Cleantech” jobs and £10.7 million investment for "bag-to-bag” recycling PlasRecycle is delighted to announce that it has built the UK’s first facility for reprocessing post-consumer polythene bag...

Foresight announces partnership agreement with Emirates NBD

Emirates NBD, a leading bank in the Middle East, confirms that it will support investment in Britain’s renewable energy market through a partnership agreement with Foresight Group (Foresight), the environmental, infrastructure and private equity asset manager. Emirates NBD through their wealth mana...

ForVEI joint venture acquires 24MW Calabria Solar plant from Talesun Solar

ForVEI, the multishareholder vehicle, has completed the acquisition of Calabria Solar, at 24MW one of the ten largest solar plants in Italy, from Talesun Solar Switzerland AG (“Talesun”) a Swiss subsidiary of Zonghli Talesun Solar Co Ltd, the leading Chinese solar panel manufacturer, for a total ent...

Foresight launches its third Solar EIS Fund

Foresight launches Foresight Solar EIS Fund 3, having recently closed Foresight Solar EIS Fund 2 at £30 million. Key Highlights • Foresight Solar EIS Fund 3 raising £20 million to target capital growth from UK Solar Power Plants • Foresight Solar EIS Fund 2 closed at £30 mi...

Foresight announces £60 million Solar Bond

Key Highlights • The largest bond issue to date for UK Solar • Index-linked yield and infrastructure risk profile • UK Solar market growing rapidly Foresight Group (Foresight), the Infrastructure, Environmental and Private Equity asset management group, announces the issue of a £60m solar bond, wh...

Foresight raises over £25 million for Foresight Solar EIS Fund 2

Foresight Group (Foresight) is delighted to announce another successful fundraising season for tax year 2012/2013, having raised a total of £50m+, with more than 50% of that figure accounted for by the £26m+ raised for Foresight Solar EIS Fund 2 between launch on 7th February and 5th Apr...

Foresight launches £20 million

Foresight Group (“Foresight”), the leading independent alternative asset manager with a strategic focus on private equity, environmental and infrastructure, on behalf of the Board of Foresight Solar VCT has announced the launch of a £20 million fundraising for Foresight Solar VCT through the issue o...