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Foresight Solar Fund LTD Capital/Financing Update 2017

Feb 23, 2017

5151_rns_2017-02-23_b65f7ab7-8ecd-4414-9388-a30bba8ef3de.pdf

Capital/Financing Update

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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 [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