Foresight Solar Fund has announced that its 30MW Copley asset (located in Claypole, Newark) has been successfully connection to the Grid and will qualify for the 1.3 Renewable Obligation Certificate banding under the Renewable Obligation 12-month grace period for projects greater than 5MW. Following the connection of Copley, all 16 assets in the Company’s 338MW portfolio are now fully operational. The company says that it has secured exclusivity over an attractive pipeline of assets that will support the growth of the Company in 2016 and that it will assess opportunities to take advantage of this pipeline including through additional issues of equity and/or the refinancing of its existing acquisition facility through the introduction of long-term financing in Q1 2016.
Foresight Solar sees Copley connected : FSFL