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Bids, Mergers and Takeovers

FSFL completes acquisitions

01 November 2016 08:04

Foresight Solar Fund Limited has completed the acquisitions of the remaining minority equity positions in its 10MW Southam Asset, 9MW Paddock Wood asset and the 15MW Atherstone assets.

Following the acquisitions the Company will own 100% of the share capital in the three assets. All assets remain operational and accredited under the 1.4 ROC subsidy regime.

The acquisitions have been funded using the equity proceeds recently raised by the company. The acquisitions, representing the equivalent of 10MW, have increased the company's portfolio of assets to 348MW.

At 8:04am: (LON:FSFL) Foresight Solar Fund Ltd share price was 0p at 104.25p

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