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Bluefield Solar Income acquires three plants

23 December 2015 07:47

Bluefield Solar Income Fund Limited has acquired three sub-5 MegaWatts Peak solar plants.

The three assets include a 4.7 MWp plant in Lincolnshire and two 4.99 MWp plants in Norfolk.

The plants are part of the prospective pipeline of 258 MWp referred to in the Company's prospectus published on 26 October 2015 and are being acquired for a total consideration of GBP16.5 million, including transaction costs and working capital. Each plant is expected to become operational before 31 March 2016 and to qualify under the 1.3 Renewable Obligation Certificate regime.

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Related Company: BSIF

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