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Foresight Solar Fund Ltd (FSFL) Ordinary NPV

Sell:80.00p Buy:80.10p 0 Change: 0.60p (0.75%)
FTSE 250:0.52%
Market closed Prices as at close on 21 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Sell:80.00p
Buy:80.10p
Change: 0.60p (0.75%)
Market closed Prices as at close on 21 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Sell:80.00p
Buy:80.10p
Change: 0.60p (0.75%)
Market closed Prices as at close on 21 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

To provide investors with a sustainable, progressive quarterly dividend and enhanced capital value, whilst facilitating climate change mitigation and the transition to a lower carbon economy. The Company pursues its investment objective by investing in a diversified portfolio of ground-based, solar power plants and utility-scale battery energy storage systems ("BESS") predominantly located in the UK.

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Fee Structure

The annual management fee of 1% p.a. of NAV up to GBP 500m, NAV in excess of GBP 500m is charged at 0.9% p.a.. This is payable quarterly in arrears and is calculated based on the published quarterly NAV. The Management Agreement has an initial term of 4 years and contract terminable on a 12-months notice period.

Dividend Policy

The Company intends to pay four interim dividends per year. The Board is committed to a progressive dividend policy which aims to increase the annual dividend paid to shareholders going forward without explicit linkage to RPI.

ASSET SPLIT

Total number of holdings: 0.

Trust Manager

Ricardo Pineiro

Manager Bio

Ricardo is an investment manager focussed on new solar power plant acquisitions in the UK. He has invested GBP 50 million of UK tax efficient funds in the acquisition of four UK Solar power plants totalling 16MW and has overseen their commercial management since then. He led the refinancing of the UK solar portfolio through the issuance of a listed GBP 60 million index linked bond, the largest UK solar bond issuance to date. Prior to joining Foresight, Ricardo worked for Espirito Santo Investment, where he spent three years in the project finance division, focusing on the energy and transport sectors.

Board Of Directors

Alexander OhlssonChairman, Christopher Ambler, Monique OKeefe, Ann Markey, Lynn Cleary

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.