Home Business & Finance Foresight Solar Fund buys five solar assets in Britain
Foresight Solar Fund buys five solar assets in Britain

Foresight Solar Fund buys five solar assets in Britain

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FORESIGHT-SOLAR/Foresight Solar Fund buys five solar assets in Britain

London: Foresight Solar Fund Limited said on Friday it has bought a portfolio of five operational solar parks in Britain with an installed capacity of 53.3 megawatts (MW)

The acquisition cost is 36.6 million pounds ($51.5 million)

The deal also includes a small onshore wind asset which will be held in the portfolio until it can be sold, the company said in a statement

Following this acquisition, the fund consists of 27 solar assets with an installed capacity of around 674 MW, including three Australian assets currently under construction.

Source: Reuters
Anand Gupta Editor - EQ Int'l Media Network

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