Bluefield Solar Income Fund (BSIF), an investor focused on large scale renewable energy assets in the UK, has released its annual results for the year ended June 2024, claiming that its operational portfolio is now responsible for 5% of UK solar generation.
Bluefield Solar Income Fund’s NAV per share decreased by just under 3% at 31 December 2023, as the company navigated restricting capital market conditions.
The UK income fund, Bluefield Solar, has acquired a 46.4MWp solar portfolio from the North American firm specialising in real assets, Fengate Asset Management, increasing its portfolio to 813MWp.
Bluefield Solar has raised £150 million to pay down its fully drawn Revolving Credit Facility (RCF) following its acquisition of a 93MW portfolio earlier this month.
Bluefield Solar and Octopus Renewables Infrastructure Trust (ORIT) have detailed the continued impact of the high power prices seen across Europe in a lingering trend across the sector.
Bluefield Solar and Octopus Renewables Infrastructure Trust (ORIT) have detailed the continued impact of the high power prices seen across Europe in a lingering trend across the sector.
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.