Bluefield Solar Fund looking to take advantage of RO projects
October 7 – Bluefield Solar Income Fund Ltd (LON:BSIF) on Thursday said it is seeking to raise up to GBP 50 million (USD 63m/EUR 56m) under its placing programme to pursue RO-backed assets.
The UK solar investor said its directors have provisionally approved pipeline opportunities of 68 MWp, which when executed would have a total value of about GBP 67 million. The assets included are all pre-construction sites that are expected to qualify under the 1.2 Renewables Obligation (RO) scheme banding.
The fund added that as the period to March 31, 2017 is the last chance for new build solar plants to get RO support, it is receiving a lot of pre-construction proposals which it will consider subject to availability of funding.
“With the RO scheme closing at the end of March next year, we expect this will be the last opportunity to acquire assets with these attractive yield characteristics. We therefore are seeking to raise these additional funds to take advantage of this opportunity,” said chairman John Rennocks.
Recommends:
Unifun 10400mAh Waterproof External Battery Power Bank Charger with Strong LED Flashlight and Strap Hole for Tablets, Smartphones and 5V DevicesUNIFUN Reliable · High Capacity · 1 year warranty The U821 power bank is waterproof (IP66 rating), dustproof, shockproof and s…
Solar Charger, Levin 15000mAh Solar Power Bank with 8 LED Flashlight Dual USB Port Solar Panel Portable Charger Outdoor Backup for iPhone, iPad, iPod, Cell Phone, Tablet, Camera(Pure Black)Attention: ?Solar charger is for emergency use, not a main charging resource. So it is recommended to charge by wall charger, whic…
30000mAh Dual USB Portable Solar Battery Charger Power Bank For Cell Phone Samsung Htc IpadDescription: Color: Black. 30000 mAh portable solar charger power bank w/ adapters Solar panel: 1.5W Capacity (mAh): 30000mAh Char…
Solar Power Bank
