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Foresight Solar : FSFL

Foresight Solar is acquiring a 12MW solar plant at Spriggs Farm close to Stansted airport. This was not one of the deals projected to occur in Foresight Solar’s prospectus. The Company says it is now 80% invested and this will shortly rise to 93% with the acquisition of Holsworthy (which was in the prospectus). Foresight Solar is in the final stages of arranging a debt facility that could be used to further expand the portfolio. They also say they are on track to pay their forecast 6p dividend for the first year of operations.

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