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Foresight Solar : FSFL – buys new plant

Foresight Solar is buying a 10.7MW solar power plant – Hunters Race on 12.4ha of a former quarry in West Sussex. Altogether FSFL now has 137.4MW of generating capacity across seven plants. Only one 32MW plant, in Leicestershire, is currently delivering energy to the grid. However Castle Eaton and High Penn are expected to be grid connected shortly and Foresight expects the whole portfolio fully operational by the end of March 2014. The company has reiterated its intent to pay a 6p dividend for its first financial year and that this dividend will rise in line with RPI thereafter.

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