Foresight Solar Fund has announced the completion of its acquisition of the 16MW Membury asset, located in Hungerford, Berkshire. The solar farm was connected to the Grid in March 2015 and has received Renewable Obligation Certificate (“ROC”) accreditation at the rate of 1.4ROCs/MWh. The deal has been funded using the Company’s existing £150m acquisition facility. The Company expects to repay the facility through refinancing with a long-term debt facility and/or further equity raises.
Foresight Solar completes purchase of 16MW Membury asset : FSFL