Us Solar Share Discussion Threads

[jonwig] 09/9/2022 08:26

IC has a positive article, citing the discount to nav:



Can buy below the $0.87 bid price. A useful hedge against weaker GBP.

[charlesquark] 11/5/2022 15:11

I had a good look at USF because of their discount to NAV but in the end couldn't quite fathom why the shares sold at that price with the share price plunging. Also the spread on the £ shares was a bit wider than I would like to pay. In the end I settled for Next Energy Solar Fund which at the time was selling at par to est NAV and are concentrated in the UK. I also feel there is a political risk in the US if Trump gets back in, or one of his cronies. They don't believe in climate change and could withdraw subsidies. I feel uneasy about this stock.

As far as USF is concerned the following might be of interest and I think this possible dilution may be a further or indeed the reason for the drop in the share price. They have ticked up a little today


The Board and Investment Manager are conscious of the need to continue to grow the Company. The Company remains able to issue up to 63,834,636[1] shares without publication of a further prospectus under the relevant exclusions in Article 1(4) of the Prospectus Regulations. Additionally, the Company will, in due course and subject to prevailing market conditions, consider issuing a further prospectus and creating a new placing programme.

[apollocreed1] 29/3/2022 18:28

I bought some of this yesterday, but without fully researching it. The results seemed to be good last week. But now I look closely and I see that they have fixed the prices at which they sell their power on for an average of 14.4 years. That's madness!

How much can their current yield rise from 5% if they have fixed the income they receive on PPAs? In a high inflationary environment, where power prices are flying way higher than official inflation figures, they have given away all their upside. What ever made them think that when the Fed has printed $10 trillion in 2 years, power prices could go down?

And as interest rates go up, their NAV will be discounted at a higher rate - so NAV dropping but no compensatory income from the higher power prices.

[orris11] 11/1/2022 09:11

When will, people notice that the dividend yeild is over 5%. Not 2.09% as reported.

[rambutan2] 16/4/2019 21:04

Write up by James Carthew can be found here:

[rambutan2] 16/4/2019 20:38

Listed today:

US Solar Fund plc, a newly established investment company focused on investing in Solar Power Assets primarily in the United States, is pleased to announce its admission to the premium listing segment of the Official List of the FCA and to trading on the main market of the London Stock Exchange at 8.00am London time today ("Admission"). Dealings in the Ordinary Shares (ISIN: GB00BJCWFX49) will be available in both US Dollars (ticker "USF") and Sterling (ticker "USFP").

The total number of Ordinary Shares with voting rights in the Company with effect from Admission is 200,000,000. This total voting rights figure can be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in the Company under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

Capitalised terms shall have the meaning attributed to them in the IPO Prospectus published by the Company on 26 February 2019 unless otherwise defined in this announcement.

[rambutan2] 16/4/2019 20:32

For a quote for the £ line of stock:


Full RNS history:


ASX listed "older sister" fund, with which it can co-invest:


Intro note, paid for but worthwhile: