Foresight Agrees to Buy Solar-Power Project in Central England

(Bloomberg) — Foresight Solar Fund Ltd. agreed to a buy a
project in central England and is considering further purchases.

The 30-megawatt solar facility in Nottinghamshire will
expand Foresight’s portfolio to 263 megawatts, the London-listed
fund said Thursday in an e-mailed statement, without disclosing
terms. It expects the project to receive government subsidies
once operational.

Further acquisitions may include a 51-megawatt facility, it
said. The company is negotiating purchases after gaining
exclusive rights to buy a pipeline of projects totaling more
than 100 megawatts.

To contact the reporter on this story:
Louise Downing in London at

To contact the editors responsible for this story:
Reed Landberg at
Amanda Jordan, Ana Monteiro

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