News

Foresight completes top-up funding of €4.5 million for 4 street lighting projects in central and southern Italy

Foresight Group LLP is pleased to announce the completion of a €4.5 million top-up to the Project Bond issued in January 2019 by Pagano & Ascolillo S.p.A. an...

Foresight attains EU Taxonomy validation for its 231MW Skaftåsen onshore wind project in Sweden

Foresight Group LLP is pleased to announce that it has attained European Union Taxonomy validation from Aardvark Certification Limited for its 231MW greenfie...

Foresight broadens its infrastructure platform with the acquisition of PiP

Founded in 2013 under the leadership of the Pensions and Lifetime Savings Association, PiP is backed by major UK pension schemes - British Airways, Pension Protection Fund, Railpen and local government pension schemes Strathclyde and West Midlands. It provides investment expertise and asset management to pension funds investing in UK infrastructure. It received authorisation in 2016 and has established a portfolio of 17 assets mostly through the PiP Multi-Strategy Infrastructure Fund, covering the Energy from Waste, Renewables, Social and Transport sectors, with a NAV in excess of £700 million.

Covid-19 market volatility spurs demand for infrastructure, say financial intermediaries

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New technology will give Foresight clear vision of its assets

Foresight is pleased to announce that we have recently selected Sennen to implement an asset management platform for our expanding infrastructure investment...

Foresight announces closing of co-investment for 231MW Skaftasen wind project

Foresight Group LLP is pleased to announce the closing of co-investment from leading European institutional investors alongside Foresight Energy Infrastructu...

Foresight and Belltown join forces in UK onshore wind development venture

Foresight Group LLP and Belltown Power Limited are pleased to announce the formation of a joint venture to develop Belltown’s pipeline of greenfield onshore...

Foresight appoints Steven Hughes as Director and Head of Portfolio

Commenting on Steven’s appointment, Foresight Partner, Ricardo Piñeiro, said: “We are thrilled to have Steven join our expanding team, where he will undertake the important task of managing and optimising our growing infrastructure portfolio. With his broad-based knowledge of the sector, he will immediately be able to apply his experience and leadership to our existing assets and portfolio and technology team, and his expertise will be invaluable as we continue to build out our renewables infrastructure portfolio globally.”

Foresight announces first closing of European-targeted, sustainability-led energy infrastructure fund securing commitments of €342 million

Foresight has an extensive pipeline of investment opportunities and it is expected that the Fund will acquire assets rapidly, using €275 million of the total €342 million of commitments that are available on first Closing. FEIP will invest in all aspects of new low-carbon energy infrastructure. This includes: (i) a diverse range of renewable energy generation technologies particularly wind, solar and hydropower; (ii) flexible renewable-enabling infrastructure, such as batteries and other forms of energy storage; and (iii) transmission and distribution assets.

Foresight and EDF Trading enter into a 10-year power purchase agreement (PPA) for the 50 MW Guzman subsidy-free solar project

Carlos Rey, Director at Foresight, commented: “We are delighted to have agreed terms with EDF Trading for this fixed rate 10-year PPA for power generated by our 50 MW solar plant in Puebla de Guzman, which is under construction.  Securing the revenues for our largest subsidy-free energy infrastructure investment in the region with such a highly rated counterparty as EDFT is further validation of our investment model for projects with no government-contracted revenues.”  He added, “We are proud that our solar portfolio makes a valuable contribution to the fight against climate change and we remain committed to investing for a smarter future.”

Foresight acquires the 231MW Skaftåsen wind project from Arise AB

As a leading sustainability led investment manager the 231MW project has been assessed favourably against Foresight’s ESG requirements and it is estimated that the project will generate power equivalent to saving 425,000 tonnes of CO2 emissions per annum when compared to coal-powered electricity generation.  The project will also contribute 1% of revenues to the local community during operations.

Leading renewables infrastructure investor, Foresight Group, breaks through 2GW of generating capacity

Foresight has been investing in innovative technologies for over 35 years; following the tech crunch and the bursting of the dotcom bubble in the early 2000s, Founder and Chairman Bernard Fairman identified clean energy as an emerging sector.  Initially investing in clean technology companies, Foresight rapidly grew its expertise in waste to energy managing funds for the London Green Fund and the UK Green Investment Bank, and in Solar managing the largest solar focused renewable infrastructure company, the £1.1bn Foresight Solar Fund Limited which listed on the London Stock Exchange in 2013 and was recently welcomed into the FTSE 250 index.