Rebounding power prices have driven Foresight Solar Fund’s results in the first half of 2021, with its net asset value jumping to £596.4 million.
NextEnergy Solar Fund (NESF) is pursuing a 500MW pipeline of energy storage assets after achieving what it said were “solid” financial results.
Gresham House Energy Storage Fund has unveiled an 802MW pipeline, with 275MW of this currently funded and due to start construction shortly.
Octopus Renewables Infrastructure Trust (ORIT) has hailed the success of its inaugural year with a gross asset value of £441 million from 24 assets.
Gresham House – which manages funds including Gresham House Energy Storage Fund – has recorded a net core income of £40.8 million and an adjusted operating profit of £12.1 million.
Bluefield Solar Income Fund has posted strong results for the six months ending 31 December 2020, with net asset value (NAV) growing to £476.7 million.
Gore Street Energy Storage Fund’s NAV has risen by 1.7% in its latest quarterly results.
Thanks to fixed power purchase agreements (PPAs) and strong irradiation throughout the last year, Bluefield Solar Income Fund’s underlying earnings continued to grow to record levels.
Despite challenges created by the COVID-19 pandemic, Foresight Solar Fund has seen its UK portfolio perform 15.9% above base case.
Gresham House Energy Storage Fund (GRID) has seen its Net Asset Value (NAV) per share fall 2.6p as a result of COVID-19 over the first half of 2020.
NextEnergy Solar Fund (NESF) has released its full year results, revealing its ordinary shareholders’ net asset value (NAV) has fallen to £579 million.
Despite challenges to net asset value (NAV), Foresight Solar Fund’s portfolio continued to outperform budget as the company turned its focus to asset optimisation.
Bluefield Solar Income Fund (BSIF) said it continues to eye up “exciting” new investments after a year in which its power purchase agreement strategy helped it side-step tumbling power prices.
The Renewables Infrastructure Group (TRIG) has released its financial results, highlighting an increasing focus on battery storage in the UK.