Bluefield Solar Income Fund Limited

Notice of Dividend Amount • Sep 8, 2014

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RNS Number : 0116R

Bluefield Solar Income Fund Limited

08 September 2014

8 September 2014

BLUEFIELD SOLAR INCOME FUND LIMITED

Dividend Declaration

Bluefield Solar Income Fund Limited (the "Company") is pleased to declare a second interim dividend of 2 pence per share in respect of the financial period ending 30 June 2014.  This dividend will be payable to shareholders on the register as at 19 September 2014 with an associated ex-dividend date of 17 September 2014 and a payment date of 31 October 2014.

Enquiries:

James Armstrong / Mike Rand / Giovanni Terranova

Bluefield Partners LLP - Company Investment Adviser

Tel: +44 (0)20 7078 0020

Tod Davis / David Benda

Numis Securities Limited - Company Broker

Tel: +44 (0)20 7260 1000

Kevin Smith

Heritage International Fund Managers Limited - Company Secretary & Administrator

Tel: +44 (0)1481716000

Note to editors:

About Bluefield Solar Income Fund Limited (the "Company" or "BSIF") 

BSIF is a Guernsey-registered investment company focusing on large scale agricultural and industrial solar assets. The Company raised gross proceeds of £130m in July 2013 through an initial public offering ("IPO") of shares on the main market of the London Stock Exchange. It raised a further £13m capital via a tap issue in February 2014. 

The Company seeks to provide shareholders with an attractive return, principally in the form of semi-annual income distributions, by investing in a diversified portfolio of solar energy assets, each located within the UK, with a focus on utility scale assets and portfolios on greenfield, industrial and/or commercial sites. The Company delivered on its target dividend of 4 pence per share in relation to the first financial year ending 30 June 2014. It is seeking to deliver 7 pence per share in respect of the Company's second financial year, rising with RPI thereafter. 

About Bluefield Partners LLP ("Bluefield") 

Bluefield was established in 2009 and is an investment adviser to companies and funds investing in solar energy infrastructure. The Investment Adviser's team 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 £500m of solar photovoltaic ("PV") funds and/or transactions in both the UK and Europe since 2008, including over £235m in the UK since December 2011.

Bluefield has led the acquisitions, and currently advises on over 50 UK based solar 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.

This information is provided by RNS

The company news service from the London Stock Exchange

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