Foresight Solar Fund £243 million solar portfolio refinancing

5/8/2019
Refinancing

£ 243 million

$ 293.012 million

Announced

5/8/2019


Overview:

  • Foresight Solar Fund has undertaken a £243 million refinancing of a UK solar portfolio.
  • The portfolio consists of 28 operating solar PV assets with a combined installed capacity of 321MW located in the UK.
  • The financing consisted of a £178 million senior facility provided by Sumitomo Mitsui Banking Corporation and Landesbank Hessen-Thüringen Girozentrale (Helaba) and a £65 million revolving credit facility provided by NatWest.
  • Listed on the LSE, Foresight Solar Fund is currently the largest UK solar investment company with a portfolio with an installed capacity of 869MW.

Sam Duke

 

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