Foresight Solar Fund Limited

Name
Foresight Solar Fund Limited
Manager
Foresight Group CI Limited
Type
Closed Ended Investment Company
ISIN
JE00BD3QJR55
Sector
Sector Specialist: Infrastructure - Renewable Energy
Launched
29/10/2013
OCF
1.2 %
3 Year Sharpe
1.60
Yield
6 %
Fund Size
£ 677.94 million
NAV
110
Gearing
98
Discount Premium
14
The objective is to provide investors with a sustainable, inflation-linked quarterly dividend and enhanced capital value, through investment in ground-based solar assets predominately located in the UK.
Holding %
Landmead 11.87 %
Bournemouth 11.26 %
Wymeswold 11.01 %
Kencot 10.69 %
Port Farms 10.12 %
Copley 8.03 %
Castle Eaton 4.87 %
Membury 4.73 %
Pitworthy 3.99 %
Highfelds 3.28 %
Name
Foresight Group CI Limited
Address
SE1 9SG, London, United Kingdom
Legal Structure
Closed Ended Investment Company

Managers

Tom Moore
Joined 10/29/2013

is a Portfolio manager within the International Growth Opportunities team. He joined SSgA in December 2001. He has more than two decades of professional. Tom graduated in mathematics from Providence College, and from Harvard Business School with an MBA. He served seven years as a US Army officer. Tom earned the Chartered Financial Analyst designation and has previously served as a member of the Board of Governors

Ricardo Pineiro
Joined 10/29/2013

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.

Arnoud Klaren
Joined 10/29/2013

Arnoud is portfolio manager with technical responsibility for Foresight Group’s UK solar power plants as well as two solar assets in Spain. He joined Foresight Group in 2011 and prior to that was a project manager at SolFocus responsible for managing a pilot project in Masdar (United Arab Emirates) as well as being responsible for the construction and start-up of pioneering CPV projects in Spain, Saudi Arabia and Greece. Prior to SolFocus Arnoud founded and managed ThinkSpectrally, a spin-off company of the University of Valencia in Spain, dedicated to Quality Assurance in the PV manufacturing process, among other areas.

Gary Fraser
Joined 10/29/2013

Gary is a chartered accountant and member of the Securities Institute. He worked with Ernst & Young between 1993 and 1999, predominantly in the audit and risk assurance and corporate finance areas. He joined ISIS Asset Management plc in 1999 and was responsible for the provision of company secretarial services for several investment companies including two of the Baronsmead VCTs. He joined Foresight Group in September 2004.

Matt Hammond
Joined 10/29/2013

Matt Hammond joined Foresight Group in 2015 and currently works as a Director in the London office. He has over 20 years of experience. Matt is responsible for new infrastructure investment opportunities and enhancing investor returns by optimising financing structures within Foresight’s renewable energy infrastructure portfolio. Prior to joining Foresight Matt worked predominantly at Macquarie as a Director where he focused on infrastructure and renewable energy advisory, investing, and lending. He has also worked at Henderson, BT Alex Brown and the WHEB Group where he raised and invested two renewable energy funds investing across Europe. Matt holds a degree in Engineering (Industrial Automation) from the University of Sydney, an MA in Political Economy from London School of Economics and a Graduate Diploma in Applied Finance from the Australian Securities Institute.

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