FSFL Foresight Solar Fund Limited

 
TIDMFSFL 
 
 
   17 May 2017 
 
   Unaudited 31 March 2017 Net Asset Value 
 
   The Company announces that as at 31 March 2017, the unaudited Net Asset 
Value ("NAV") was GBP435.8 million (23 February 2017: GBP360.2 million), 
resulting in a NAV per Ordinary Share of 105.3 pence (23 February 2017: 
105.6 pence). The decrease in NAV is mainly attributable to a downward 
revision of power price assumptions. The Company's equity discount rate 
remains unchanged at 7.5%. 
 
   The Company remains on target to deliver an annual dividend of 6.32p for 
the year ended 31 December 2017. 
 
   The Company's total outstanding debt of GBP249.7 million is 
approximately 36% of Gross Asset Value as at the 31 March 2017. 
 
   Further details will be provided in the Company's Interim Report for the 
period ended 30 June 2017 which are due to be published in August 2017. 
 
   Foresight Group, +44 (0) 203 667 8100, InstitutionalIR@ForesightGroup.eu 
 
   Louise Chesworth 
 
   Romy Abrahams 
 
   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 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Foresight Solar Fund Limited via Globenewswire 
 
 
 
 

(END) Dow Jones Newswires

May 17, 2017 02:00 ET (06:00 GMT)

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