Foresight Solar & Infrastructure VCT

Name
Foresight Solar & Infrastructure VCT
Manager
Foresight Group CI Limited
Type
Closed Ended Investment Company
ISIN
GB00B640GZ49
Sector
VCT Specialist: Environmental
Launched
02/11/2010
OCF
1.99 %
3 Year Sharpe
0.54
Yield
6.2 %
Fund Size
£ 39.09 million
NAV
96
Gearing
93
Discount Premium
-3
The objective is to provide investors with a sustainable and inflation-linked quarterly dividend and to aim to preserve and where possible enhance capital value through the reinvestment of excess cash flows, not required for the payment of dividends, generated from investing in a diversified portfolio of predominantly UK ground-based solar PV assets. The company will pursue its investment objective by acquiring a portfolio of ground based, operational solar power plants predominantly in the UK. Investments outside the UK and assets which are still, when acquired, under construction will be limited to 25% of the GAV of the company, calculated at the time of investment.
Holding %
Turweston Solar Farm, Northamptonshire 38.38 %
Laurel Hill Solar Farm, County Down 13.28 %
Littlewood Solar Farm, Nottinghamshire 11.01 %
Hurcott Solar 7.21 %
Saron Solar Farm, Carmarthenshire 5.66 %
Marchington Solar Farm, Staffordshire 3.77 %
Basin Bridge Solar Farm 3.61 %
Dove View Solar Farm 3.21 %
Beech Farm Solar Farm 2.58 %
Italian Solar 1.96 %
Name
Foresight Group CI Limited
Address
SE1 9SG, London, United Kingdom
UCITS
No
Legal Structure
Closed Ended Investment Company

Managers

Jamie Richards
Joined 11/02/2010
Ricardo Pineiro
Joined 11/02/2010

Ricardo is an investment manager focussed on new solar power plant acquisitions in the UK. He has invested GBP 50 million of UK tax efficient funds in the acquisition of four UK Solar power plants totalling 16MW and has overseen their commercial management since then. He led the refinancing of the UK solar portfolio through the issuance of a listed GBP 60 million index linked bond, the largest UK solar bond issuance to date. Prior to joining Foresight, Ricardo worked for Espirito Santo Investment, where he spent three years in the project finance division, focusing on the energy and transport sectors.

Dan Wells
Joined 11/02/2010
Federico Giannandrea
Joined 11/02/2010

Data provided by Morningstar.

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Morningstar. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.