Browsing: Foresight Solar
Global generation 4% above budget with UK up 8.9%
Better conditions were not enough to completely mitigate the negative impact of the rainy start to the year
Company’s portfolio exported record 1094GWh to the grid last year from over 1GW of installed capacity
Portfolio is located across southern and eastern Spain and consists of the rights to six subsidy-free projects
Net impact of Government’s levy will reduce the 30 September 2022 net asset value by 0.8p per share
High levels of irradiation and ‘strong’ power prices helped lift NAV per share 14.4% compared with H2 2021
Clayfords Energy Storage Limited holds the development rights to 50MW lithium-ion storage plant in Scotland
NAV rose due to upward revision in short- and medium-term power price forecasts
Bayerische Landesbank was advised on the loan deal by law firm Watson Farley & Williams
Funding to be used to acquire PV and battery projects