Bluefield Solar Income Fund Limited

Declaration of Voting Results & Voting Rights Announcements • Nov 26, 2019

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RNS Number : 7484U

Bluefield Solar Income Fund Limited

26 November 2019

26 November 2019

Bluefield Solar Income Fund Limited

('Bluefield Solar' or the 'Company')

Result of Annual General Meeting

Bluefield Solar (LON:BSIF), a sterling income fund that invests in UK-based solar assets, announces that at the Annual General Meeting ("AGM") of the Company held at 11.00 am, 26 November 2019, Ordinary Resolutions 1 to 12 and Special Resolution 13 were passed without amendment. 

Resolution 13

That, in substitution for any existing disapplication authority in force as at the date of this Annual General Meeting, the Directors be and are hereby generally and unconditionally authorised to allot, issue and/or sell equity securities for cash as if article 6.2 of the Articles of Incorporation did not apply to any such allotment, issue and/or sale, provided that this power shall be limited to the allotment, issue and/or sale of up to 10 per cent. of the Ordinary Shares in issue as at the date of this Annual General Meeting for the period expiring at the date falling 15 months after the date of the passing of this resolution or the conclusion of the next annual general meeting of the Company, whichever is earlier (unless previously renewed, varied or revoked by the Company in a general meeting), save that the Company shall be entitled to make offers or agreements before the expiry of such power which would or might require equity securities to be allotted and issued after such expiry and the Directors shall be entitled to allot and issue equity securities pursuant to any such offer or agreement as if the power conferred hereby had not expired.

The voting breakdown of all resolutions follow:

Resolution	Votes For**		Votes Against		Votes Withheld*
1 - Ordinary	195,389,686	99.98%	38,722	0.02%	13,345
2 - Ordinary	195,330,246	99.97%	52,168	0.03%	59,340
3 - Ordinary	194,397,974	99.52%	943,869	0.48%	99,910
4 - Ordinary	195,280,343	99.96%	81,500	0.04%	79,910
5 - Ordinary	195,290,904	99.96%	70,939	0.04%	79,910
6 - Ordinary	164,575,633	84.24%	30,786,210	15.77%	79,910
7 - Ordinary	195,316,074	99.98%	45,770	0.02%	79,910
8 - Ordinary	188,023,644	99.97%	55,677	0.03%	7,362,432
9 - Ordinary	195,379,004	99.98%	42,751	0.02%	19,999
10 - Ordinary	195,348,597	99.96%	81,603	0.04%	11,554
11 - Ordinary	195,439,610	100.00%	0	0%	2,144
12 - Ordinary	195,227,562	99.90%	201,440	0.1%	12,752
13 - Special	195,153,114	99.87%	247,830	0.13%	40,810

*A vote withheld is not a vote in law and is therefore not counted towards the proportion of votes "for" or "against" the Resolution.

** including discretionary votes.

For further information:

Bluefield Partners LLP (Company Investment Adviser) James Armstrong / Mike Rand / Giovanni Terranova	Tel: +44 (0) 20 7078 0020 www.bluefieldllp.com
Numis Securities Limited (Company Broker) Tod Davis / David Benda	Tel: +44 (0) 20 7260 1000 www.numis.com
Estera International Fund Managers (Guernsey) Limited (Company Secretary & Administrator) Kevin Smith	Tel: +44 (0) 1481 742 742 www.estera.com
Media enquiries: Buchanan (PR Adviser) Henry Harrison-Topham / Henry Wilson	Tel: +44 (0) 20 7466 5000 www.buchanan.uk.com BSIF@buchanan.uk.com

Notes to Editors

About Bluefield Solar

Bluefield Solar is a sterling income fund focused on acquiring and managing UK-based solar projects to generate stable renewable energy for periods of typically 25 years or longer.  The Company's primary objective is to deliver its Shareholders stable, long term sterling income via quarterly dividends, which are linked to RPI.  The majority of the Group's revenue streams are regulated and non-correlated to traditional markets.  Bluefield Solar owns and operates one of the UK's largest, diversified portfolios of solar assets with a combined installed power capacity in excess of 465MWp.  Further information can be viewed at www.bluefieldsif.com.

About Bluefield Partners LLP ('Bluefield')

Bluefield was established in 2009 and is an investment adviser to companies and funds investing in solar energy infrastructure. It has a proven record in the selection, acquisition and supervision of large-scale energy and infrastructure assets in the UK and Europe.  The team has been involved in over £1.5 billion of solar PV funds and/or transactions in both the UK and Europe since 2008, including over £800 million in the UK since December 2011.

Bluefield has led the acquisitions of, and currently advises on over 85 UK based solar PV assets that are agriculturally, commercially or industrially situated.  Based in its London office, Bluefield's partners are supported by a dedicated and highly experienced team of investment, legal and portfolio executives.  Bluefield was appointed Investment Adviser to the Company in June 2013.

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