Share Name Share Symbol Market Type Share ISIN Share Description
Foresight Solar Fund Limited LSE:FSFL London Ordinary Share JE00BD3QJR55 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.40 1.36% 104.00 103.40 104.00 103.80 103.00 103.00 710,516 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 39.6 -7.2 -1.2 - 632

Foresight Solar Fund Limited Q1 2021 Net Asset Value

17/05/2021 7:00am

UK Regulatory (RNS & others)

Foresight Solar (LSE:FSFL)
Historical Stock Chart

From May 2021 to Aug 2021

Click Here for more Foresight Solar Charts.


RNS Number : 7580Y

Foresight Solar Fund Limited

17 May 2021

Foresight Solar Fund Limited ("the Company")

Q1 2021 Net Asset Value ("NAV")

Foresight Solar Fund Limited, a fund investing in a diversified portfolio of ground-based solar PV and Battery Storage assets in the UK and internationally, announces that as at 31 March 2021 its unaudited Net Asset Value was GBP558.7 million (31 December 2020: GBP582.20 million), resulting in a NAV per Ordinary Share of 91.9 pence (31 December 2020: 95.8 pence per share).

The decrease in NAV over the first quarter is largely attributable to a downward revision in the medium and long-term power price forecasts during the period (-2.3 pence per share) and the recent announcement of the increase in UK Corporation Tax to 25% from April 2023 (-1.3 pence per share), which is assumed to remain unchanged thereafter for the remaining useful economic life of the UK portfolio assets.

The Gross Asset Value ("GAV"), including Company and subsidiaries, as at 31 March 2021, was GBP1,023.5 million (31 December 2020: GBP1,054.6 million).


The Company re-affirms its FY 2021 dividend target of 6.98 pence per share.

For further information, please contact:

 Foresight Group 
 Jonathon McManus                       +44 (0)20 3667 8147 
 Jefferie s International Limited    +44(0)20 7029 8000 
 Neil Winward 
 Gaudi Le Roux 
 Citigate Dewe Rogerson    +44 (0)20 7638 9571 
 Toby Moore 
 Elizabeth Kittle 
 Lucy Gibbs 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.



(END) Dow Jones Newswires

May 17, 2021 02:00 ET (06:00 GMT)

1 Year Foresight Solar Chart

1 Year Foresight Solar Chart

1 Month Foresight Solar Chart

1 Month Foresight Solar Chart
ADVFN Advertorial
Your Recent History
Foresight ..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20210804 19:40:41