Bluefield Solar Income Share Discussion Threads

[masurenguy] 12/10/2022 11:35

Problem here is that a windfall tax will probably result in a dividend reduction which will negatively impact the shareprice. At the moment nobody knows what and when but I have reduced my holding here by 50% as a precaution until the situation is clarified.

[williamcooper104] 12/10/2022 09:37

It's not a profits windfall tax It's a turnover tax It could easily lead to losses if forward sold power is disregarded - which is what is being suggested And as a turnover tax there's no offsetting investment relief Not a conspiracy theorist but the actions of LT/KK show they are likely funded/swayed by the fossil fuel lobby Koch bother money; lot of it floating around

[tartshagger] 12/10/2022 08:13

On a dark day for the renewables industry - and our planet - the most extreme far-right government in this country's history is reported as preparing to inflict a massive windfall profits tax on renewables "excessive" profits. An unholy anti-growth coalition of government departments (BEIS, DEFRA, Environment and No10) is also preparing a total ban on new onshore wind and solar farms on agricultural land.

Having failed to impose a meaningful windfall profits tax on the fossil fuel cartel, the government clearly intends to kill off wind and solar by moving the goalposts - without recognising that many renewables companies have forward-sold their electricity at much lower rates.

The fossil fuel lobby has penetrated into the very top of UK government. Ministers should now declare their "interests" in the oil and gas cartels

[masurenguy] 09/10/2022 09:29

Bluefield Solar: Renewables selloff too ‘simplistic’ a response to rising rates

[masurenguy] 09/10/2022 08:49

4 directors bought 55,000 shares collectively, between 130p - 135p, over the past 6 trading sessions.

[masurenguy] 30/9/2022 07:18

30 September 2022
Bluefield Solar Income Fund Limited

Fourth Interim Dividend Announcement

The Fourth Interim Dividend of 2.09p (September 2021: 2.00p) will be payable to Shareholders on the register as at 14 October 2022, with an associated ex-dividend date of 13 October 2022 and a payment date on or around 4 November 2022. The Board is pleased to have declared full year dividends of 8.20p for the financial year ending 30 June 2022 compared to a full year dividend of 8p for the financial year ending 30 June 2021. These dividends are covered by earnings post debt amortisation. The Board is pleased to confirm its guidance of a full year dividend of 8.40p for the financial year ending 30 June 2023 (2022: 8.16p). This is expected to be covered by earnings and be post debt amortisation.

[williamcooper104] 27/9/2022 15:55

Indeed - 30 year gilt got to 4.7 - last there in 2007 Totally crackers Rates were always going to go up but we didn't been to blow up the gilt market

[masurenguy] 27/9/2022 15:45

Price has dropped 15% here and on other renewables since that crazy mini-budget last Friday. Truss/Kwarteng are an even bigger disaster than even Johnson was.

[gateside] 23/9/2022 17:29

Besides BSIF is already has no stamp duty as they are based in Guernsey

[williamcooper104] 23/9/2022 16:46

Just houses - technically it's a different tax now - we have old fashioned stamp duty on shares SDLT is separate

[tartshagger] 23/9/2022 16:43

Has he cut stamp duty on shares? Or is it just on huge houses

[masurenguy] 23/9/2022 07:21

Should prompt some further institutional investment here !

[gateside] 23/9/2022 07:16

Promotion to the FTSE 250

9.91%¹ Annualised Shareholder Returns since July 2013 IPO

Bluefield Solar is pleased to announce that it has been included in the London Stock Exchange's FTSE 250 index following the latest quarterly reshuffle. The promotion to the FTSE 250 came into effect at market close on Friday, 16 September 2022.

Bluefield Solar is a London listed income fund focused on acquiring and managing renewable energy and storage projects in the UK to provide long term, growing dividends for its shareholders, whilst furthering the decarbonisation of the energy system. It owns and operates one of the UK's largest, diversified portfolios of solar and wind assets with a combined installed power capacity in excess of 766 MWp.

[masurenguy] 22/9/2022 07:42

"Solar funds Bluefield Solar Income (LSE: BSIF, all UK), NextEnergy Solar Fund (LSE: NESF, 90% UK) and Foresight Solar Fund (LSE: FSFL, 70% UK) have also done well. Yields in the sector range from 4.5% at UKW to 5.9% at NESF; all should grow at least in line with inflation. For the yield-seeking, risk-averse investor, the sector remains a long-term buy."
Money Week 20 September 2022

[topvest] 18/9/2022 08:28

Looks like excellent news for solar and wind companies if they can agree a good deal with the Government. Lower fixed prices (albeit higher than long run prices), no windfall tax, lower discount rate. Outcome = high valuations. Its a rare win win situation for solar and wind companies and the consumer alike if handled well.

[topvest] 18/9/2022 08:27

Looks like excellent news for solar and wind companies if they can agree a good deal with the Government. Lower fixed prices (albeit higher than long run prices), no windfall tax, lower discount rate. Outcome = high valuations.

[tournesol] 16/9/2022 08:51

No. That is hopefully still many years to come. ?

[panshanger1] 15/9/2022 15:02

147 today All time high

[topvest] 30/8/2022 20:25

Anyway, Bluefield is as good a home for your money as anything else at this point in time.

[topvest] 30/8/2022 20:09

The gas market is illiquid and broken. Today the gas price was down £2 or c30% because Germany had reported that they had almost filled their storage at the weekend. This is ridiculous. Germany have also been causing much of the problem with their "do whatever it takes approach". The oil price or the stock market would not move in such a way on such a news item. I believe that they were considering suspending trading on it last week. The whole market is a nonsense and totally out of control. Electricity prices should not be priced in the way that they are with such a very high linkage to gas, which is a fossil fuel. The CfD reduction in the price cap is about £20 I believe, so the consumer & businesses are paying a heavy burden. Either things change or we will be having a very bad couple of years...politicians need to get a grip on this mess across Europe. Get it wrong and inflation will be over 20% by the start of 2023 which will take years to unwind. It appears to be a replay of the 1970s oil crisis with oil substituted by gas as the problem commodity. In fact, looking at the numbers its worse than the 70s; that was caused by an x8 oil price hike whereas gas prices are up 10-15x depending on what you think the gas price is.

[masurenguy] 30/8/2022 16:29

This is the third time today that you have reposted the same information on this thread. What is the point - either contribute something new or please desist.

[ammons] 30/8/2022 09:33

The treasury was already making plenty of money from the oil and gas industry but it did not stop Sunak from coming back for more. Call Kwarteng an elephant or a fish if you like. When (if) he becomes chancellor it will not stop him from taking a close look at what he thinks are excess profits made by all the energy companies.