bluefield solar income fund

Bluefield Renewable Developments has gained planning consent for four projects with a capacity of nearly 200MW.

Bluefield Solar Income Fund has acquired a portfolio of 93.2MWp of UK-based solar and wind for an equity consideration of £112.4 million.

Bluefield Solar Income Fund has acquired a portfolio of 93.2MWp of UK-based solar and wind for an equity consideration of £112.4 million.

Bluefield Solar Income Fund (BSIF) has seen its underlying earnings rise to £21.4 million as high power prices, investments into battery storage – with two-hour durations a possibility – and lower than expected irradiation all shaping H2 2021.

Bluefield Solar Income Fund has purchased the entirety of Good Energy’s 47.5MW generating portfolio for up to £24.5 million.

Solar Power Portal caught up with James Armstrong, managing partner of Bluefield Partners, the investment adviser of Bluefield Solar Income Fund, to discuss the decision behind investing in storage and how supply chain issues facing the industry are the “biggest single challenge” currently at play.

Bluefield Solar Income Fund is celebrating a jump in earnings in a year that also saw an increase in debt and a drop in share price.

Bluefield Solar Income Fund has acquired a ready to build 45MWp solar and 25MWp storage site in northeast Lincolnshire.

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.

Solar Power Portal caught up with James Armstrong, managing partner of Bluefield Partners, to discuss how the recent acquisition of a 70MWp asset reflects Bluefield’s solar strategy, whether subsidy-free developments are still on the table and how the solar sector may see significant growth in 2022/23.