Foresight Solar Fund Limited: New £55 million Revolving Credit Facility

Foresight Solar Fund Limited: New £55 million Revolving Credit Facility

Foresight Solar Fund Limited ("the Company") is pleased to announce it has reached Financial Close on a £55 million revolving credit facility. The facility will be provided by Santander Global Corporate Banking at a rate of LIBOR + 200bps for three years.  

The credit facility will provide additional financial flexibility for future pipeline opportunities, including the anticipated acquisition of a 50MW operational asset currently under a binding sale and purchase agreement.  

For further information, please contact:

Foresight Group

Louise Chesworth

LChesworth@ForesightGroup.eu

+44 (0)20 3667 6932

Stifel Nicolaus Europe Limited

+44 (0)20 7710 7600

Mark Bloomfield

Neil Winward

Tunga Chigovanyika

J.P. Morgan Cazenove

+44 (0)20 7742 4000

William Simmonds

Oliver Kenyon