Capital/Financing Update • Feb 23, 2017
Capital/Financing Update
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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 | [email protected] | +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 |
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