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Contract Wins and Joint Ventures

Foresight Solar Fund completes Sandridge acquisition

24 February 2017 07:55

Foresight Solar Fund Limited has completed the acquisition of the 49.6 MW Sandridge solar farm in Wiltshire.

This is the group's second largest acquisition to date and its second acquisition of 2017.

Sandridge was connected to the National Grid in March 2016 and has received Renewables Obligation Certificate accreditation of 1.3ROCs/MWh.

The company has acquired the economic benefit of all project cash flows since 1 January 2017.

The company's portfolio now totals 18 assets with an installed peak capacity of approximately 470 MW, representing an average capacity of 26 MW per asset.

Story provided by StockMarketWire.com

Related Company: FSFL

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