Foresight Group named Financial Provider of the Year

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Foresight Group (Foresight) is delighted to have been named “Financial Provider of the Year 2011” at the inaugural Renewable Energy Infrastructure Awards 2011, organised by the publications New Civil Engineer and Materials Recycling Week. This award follows hard on the heels of being named “Equity Provider of the Year 2011” at Euromoney’s Renewable Energy Finance Awards, and is recognition of the firm’s growing reputation in the renewable energy and environmental infrastructure sectors.

Foresight is the UK’s leading sustainable asset manager, with a portfolio comprising recycling, biomass and waste to energy companies in the UK and a growing portfolio of operating solar plants accounting for 80MW in the UK, Spain and Italy.

Foresight recently confirmed the second close, at £60 million, of the Foresight Environmental Fund. This fund is supported by the London Green Fund, which was launched by Mayor of London, Boris Johnson, earlier this year, and is part of London’s drive towards becoming a world leading low carbon city.

The Foresight Environmental Fund directly supports this vision by financing waste management and recycling facilities which promote sustainable and carbon neutral economic growth. The fund’s investment programme has the potential to divert over 1.4 million tonnes of municipal, commercial and other waste from landfill each year, reducing annual greenhouse gas emissions by nearly 1 million tonnes CO2e. The investment will also create hundreds of new jobs in London.
Bernard Fairman, Chairman of Foresight Group commented: “We are delighted that our commitment to the renewable energy and environmental infrastructure sector is being recognised in this way. It is a testament to the hard work of our team in the UK, Spain and Italy and to all our investee companies.”

For more information, please contact:
Ben Thompson: +44 (0)20 3667 8155