News

Foresight Group appoints Nick Morgan Sales Director

Foresight recently launched a £20 million Energy Efficiency EIS fundraising to complement its innovative Inheritance Tax Solution – Foresight ITS, which has just received a rating of 85 in Tax Efficient Review’s analysis of Business Opportunities with potential IHT benefit targeting capital preservation, the highest rating for new products.

Foresight makes secondary PFI acquisition for its innovative Infrastructure VCT Shares.

Foresight Group athletes compete in Hever Triathlon to raise funds for Hospice in the Weald

The Foresight team (pictured) comprised (Back Row left to right) Bethany Rose, David Miles, Sarah Cole, Victoria Cheesman, Henry Alty, Philip Kent, James Samworth, James Livingston, Richard Thompson, (front row) Matt Harriss, Daisy Miers and Charlie Morris and appear to have emerged relatively unscathed for their efforts all reporting in to work on Monday morning.

Foresight Group backs rising stars in Sunday Times 2012 Tech Track 100

Evance ranked fourteenth in Tech Track 2012 having posted sales growth of 144% in the year ended March 2012 on revenues of £7.2 million, while Autologic posted sales of £15 million to end December 2011, representing growth of 39% on 2010, ranking it 94th.  In early 2012, Autologic implemented a secondary Management Buy Out, with Foresight retaining a minority shareholding and loan position.

TEG secures funding for £21m organic waste facility in Dagenham

This energy will be used by the Park’s tenants. It will also produce over 36,000 tonnes p.a. of AD digestate and 14,000 tonnes p.a. of compost for agricultural use. The feedstock will come from source segregated food waste and mixed food and green waste produced by local households, commercial and manufacturing enterprises.

Channel Safety helps light up the Olympics

Foresight powers Blackstar with £3.5 million investment

Blackstar, founded in 2004, has a mission to create new and innovative guitar amplifiers and pedals designed to give guitarists the ultimate tools for self-expression.  After two and a half years of extensive technical research and development, Blackstar commercially launched its first range of critically acclaimed amplifiers at the Frankfurt Musik Messe show in 2007. Five years on and Blackstar has become a global brand with over 45 products sold in 52 countries worldwide.

CDC Infrastructure makes a €9 million commitment to ForVEI to take a 24% shareholding.

The current portfolio of ForVEI comprises solar generation assets for a total installed power capacity of c. 30 MW in aggregate; the multishareholders vehicle, advised by Foresight Group (Foresight) which also acts as arranger and asset manager, is now targeting 100MW of Solar PV assets in Italy, and this development is a significant step in progressing towards this ambition.

Adenium joint ventures with Foresight in a Euro125mm transaction

About Adenium:Adenium Energy Capital was launched in early 2010 as an investment company, specializing in the investment and deployment of clean energy and alternative energy – related sectors. Adenium’s mandate is to build a diversified global portfolio of clean energy assets with an initial focus on the European, Middle Eastern and North American solar markets. 

Foresight Solar VCT : Death of Chairman, Lord Maples

Aquasium, a Foresight portfolio company, completes the sale of EBTEC to EDAC Technologies

The Board of Foresight VCT plc is pleased to announce that Aquasium Technology Limited (‘Aquasium’) has completed the sale of EBTEC Corporation (EBTEC), the electron beam welding specialist and subsidiary of Aquasium, to EDAC Technologies Corporation (EDAC) for approximately $11 million, generating a return of £3m to the VCT.

Foresight completes MBO of Flowrite Services Limited

Founded in 1992, Flowrite is a refrigeration and air conditioning service, maintenance and installation company, specialising in the leisure sector across the UK.  The Company has a strong reputation amongst its customers for providing quality service and benefits from long term contracts with some of largest operators in the market.  Flowrite is headquartered in Maidstone, and the Company has more than 80 engineers located throughout the UK.