Foresight revenues 30% above expectation as power price escalation continues
Global revenues of Foresight Solar Fund’s portfolio have surpassed expectations during Q1 2022 as the company records increased net asset value (NAV).
Articles tagged with: Foresight
High irradiation drives strong solar generation for Foresight as it eyes further PV pipeline
Strong asset operational performance and above budget irradiation in the first half of 2021 resulted in generation from Foresight Solar Fund’s UK portfolio being 1% above budget over the last year.
Full Foresight portfolio gets digitalisation boost in new Sennen partnership
The Foresight Group’s full portfolio of sustainable infrastructure, including its UK solar assets, is being digitalised in a new agreement with Sennen.
JLEN eyes further battery investment with £57m fundraise
JLEN is to fund new battery storage and biogas investments with the proceeds of a new oversubscribed £56.9 million placement.
Foresight makes first battery acquisition with 50MW UK storage asset
Foresight Solar Fund and JLEN have each acquired a 50% equity stake in Sandridge Battery Storage Limited, which holds the development rights to the 50MW lithium-ion Sandridge Battery Storage project.
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Foresight unveils co-located utility-scale battery storage ambitions
Foresight Solar Fund is looking to diversify its portfolio with the addition of utility-scale battery storage systems.
Foresight forms joint venture with Elgin for 200MW of UK solar
Foresight Group and Elgin Energy are to develop 200MW of UK solar PV as part of a new partnership.
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‘Breadth and depth’ added to Foresight as it completes PiP acquisition
Foresight has completed its acquisition of fellow investment company Pensions Infrastructure Platform (PiP).
Foresight broadens investment scope with PiP acquisition
Foresight has acquired fellow investment company Pensions Infrastructure Platform (PiP), in a move that broadens the group's infrastructure platform.
Foresight portfolio sees 9% over-performance but NAV continues to falter
Foresight Solar Fund has seen generation from its UK portfolio perform 9% over budget due to high levels of irradiation.
Feature
Q&A: Foresight’s Ricardo Piñeiro talks the rise of subsidy free and high power prices
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Solar Power Portal sat down with Ricardo Piñeiro, head of UK Solar at Foresight Group, to discuss the rise of subsidy free solar, the return of the contracts for difference auction (CfD), and the effect of the Targeted Charging Review (TCR).
Foresight to ‘optimise’ capital structure, pay down debt with new share placing
Foresight Solar Fund has announced its intention to raise funds via a new share placing in order to pay down its existing debt.
Foresight completes £245m refinancing of 321MW UK portfolio
Firm turns to UK, German, Japanese banks to wrap up £245 million debt refinancing of 28 up-and-running plants across the country.
Foresight cements renewables position with JLEN acquisition
Foresight Group has clinched a deal to acquire John Laing Environmental Assets’ (JLEN) advisory mandate, propelling Foresight’s assets under management to £4 billion.
Foresight Solar Fund completes 80.9MW portfolio acquisition
Foresight Solar Fund Limited (FSFL) has acquired a portfolio of 11 operational solar farms in the UK for a total consideration of £33.1 million.
Foresight Solar Fund to take on over 80MW in asset transfer from other funds
Foresight Solar Fund has issued almost 54 million ordinary shares in an effort to raise £34 million to transfer ownership of 11 solar farms from other funds managed by the Foresight Group.
Foresight prepares for 72MW purchase as 2018’s buying spree continues
Foresight Solar Fund is targeting the purchase of a 72MW solar farm portfolio for just over £30 million as the investor continues its pattern of acquisitions over 2018.
Foresight Solar basks in record sun but battles cable theft, other outages
Foresight Solar Fund (FSF) recorded above-expectation performance on the back of strong summer sun, but incidents including cable theft and other outages have beset the fund’s operations.
Foresight Solar Fund lays claims to top UK-listed solar investor spot
Foresight Solar Fund (FSFL) has laid claim to the top spot among UK-listed solar investors having completed the acquisition of a 114MW portfolio.
Foresight doubles down on PPAs to reduce cash flow volatility
Foresight Solar Fund has increased its exposure to solar power purchase agreements (PPAs) to reduce cash flow volatility, the company has said.
Foresight adds 50MW to UK portfolio in £37 million deal
Foresight Solar Fund has announced the addition of five new solar parks to its portfolio, totalling 53.3MW in capacity.
Foresight Solar cashes compensation as it toasts ‘transitionary’ year
Foresight has revealed it recouped around £13 million in compensation for lost production last year as it cast its eyes beyond what it has termed a “transitionary” year for UK solar.
Foresight expecting to close first storage acquisition within weeks
Foresight Group is expecting to close its first battery storage acquisition in the coming weeks as it looks to complement its existing infrastructure portfolio.
Foresight targets new 250MW pipeline with fresh placing
Foresight Solar Fund has set its sights on a new pipeline of solar assets with a capacity of 250MW and announced a new share issuing and placing programme to fund it.
Foresight’s problems with SunEdison-built assets persist as owner shrugs off underperformance
Foresight Solar Fund has continued to experience serious underperformance issues with SunEdison-built assets that it owns a year after the problems were first made public.
Foresight splashes the cash on UK’s largest solar park
Foresight Solar Fund has acquired the 72MWp Shotwick Solar Park, which remains the UK’s largest by generation capacity.