Bluefield Solar Income Fund (BSIF) has successfully raised £45 million through a share placing it said was significantly oversubscribed.
Bluefield Solar Income Fund (BSIF) is looking to raise £45 million through a share placing to repay its drawn revolving credit facility, opening up its acquisition options.
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.
Solar industry veteran Jonathan Selwyn has been announced as managing director of the newly created Bluefield Development.
Solar Power Portal caught up with James Armstrong, managing partner of Bluefield Partners, the investment adviser of Bluefield Solar Income Fund, about company broadening its scope, which technologies it will focus on and the impact Contract for Difference (CfD) auctions could have.