Foresight Solar Fund Limited: New £55 million Rev
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Foresight Solar Fund Limited: New £55 million Revolving Credit Facility
Foresight Solar Fund Limited ("the Company") is pleased to announce it has reached Financial Close on a £55 million revolving credit facility. The facility will be provided by Santander Global Corporate Banking at a rate of LIBOR + 200bps for three years.
The credit facility will provide additional financial flexibility for future pipeline opportunities, including the anticipated acquisition of a 50MW operational asset currently under a binding sale and purchase agreement.
For further information, please contact:
Foresight Group
Louise Chesworth
LChesworth@ForesightGroup.eu
+44 (0)20 3667 6932
Stifel Nicolaus Europe Limited
+44 (0)20 7710 7600
Mark Bloomfield
Neil Winward
Tunga Chigovanyika
J.P. Morgan Cazenove
+44 (0)20 7742 4000
William Simmonds
Oliver Kenyon