Foresight Solar Fund buys five solar assets in Britain
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FORESIGHT-SOLAR/Foresight Solar Fund buys five solar assets in Britain
London: Foresight Solar Fund Limited said on Friday it has bought a portfolio of five operational solar parks in Britain with an installed capacity of 53.3 megawatts (MW)
The acquisition cost is 36.6 million pounds ($51.5 million)
The deal also includes a small onshore wind asset which will be held in the portfolio until it can be sold, the company said in a statement
Following this acquisition, the fund consists of 27 solar assets with an installed capacity of around 674 MW, including three Australian assets currently under construction.