finance

Bluefield Solar Income Fund has secured a £217 million refinancing deal which its chairman John Rennocks labelled an “important milestone” for the company.

Hong Kong-based asset holder United Photovoltaics has made a splash in the secondary market, acquiring more than 80MW of operational UK solar assets.

Foresight Solar Fund is hoping to raise almost £30 million through a share issue in order to pursue a 200MW pipeline of UK assets.

Energy engineering group LHW Partnership is to begin offering management modelling services for renewable generators and energy storage technologies later this month.

Solar Power Portal runs through those nominated for this year’s financial innovation award.

NextEnergy Solar Fund has added a further £42 million to its acquisition firepower after closing a tap share issue programme.

Employment in the UK’s domestic solar industry has contracted by approximately one-third in the last year against a backdrop of subsidy cuts and other policy interventions, and further job losses are strongly expected.

Moixa Technology is hoping to raise up to £20 million by the end of the year to fund its expansion into Europe, and has recently gained investment from three big beasts from the UK energy sector.

The sale of three UK solar farms is underway after European Solar Farms, a division of European Energy, signed a conditional deal with the subsidiary of a Danish pension provider.

Quercus Assets Selection has announced the successful debt financing of three UK solar farms after securing £13.6 million of portfolio level debt from Santander UK over a ten-year tenor.