financial results

Downing Renewables & Infrastructure Trust (DORE) – which entered the UK solar market in 2021 – has recorded an operating profit of investments 16.9% above expectations as it continues to pursue UK opportunities.

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.

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.

Gresham House Energy Storage Fund is targeting a market share of c.25% to 30% in the UK and Ireland in 2022 following an increase in earnings over 2021.

NextEnergy Solar Fund’s (NESF) total installed capacity now stands at 895MW, with the company continuing to focus on long-term corporate power purchase agreements (PPAs).

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.

Octopus Renewables Infrastructure Trust (ORIT) saw its gross asset value (GAV) continue to grow, as it looks optimistically towards future renewables growth post-pandemic.

Gresham House Energy Storage Fund has seen the EBITDA generated by its portfolio soar to £22.4 million in the first half of this year, jumping from £4.5 million in H1 2020.

Rebounding power prices have driven Foresight Solar Fund’s results in the first half of 2021, with its net asset value jumping to £596.4 million.

NextEnergy Solar Fund (NESF) is pursuing a 500MW pipeline of energy storage assets after achieving what it said were “solid” financial results.