Foresight Solar Fund Limited RCR Tomlinson Administration (3533I)
November 23 2018 - 5:46AM
UK Regulatory
TIDMFSFL
RNS Number : 3533I
Foresight Solar Fund Limited
23 November 2018
23 November 2018
Foresight Solar Fund Limited
("Foresight Solar" or "the Company")
RCR Tomlinson Administration
The Board noted the announcement by RCR Tomlinson Limited
("RCR") to the Australian Securities Exchange on 22 November 2018
regarding the formal appointment of administrators. Foresight Solar
confirms that RCR was under contract by the Company to provide
Engineering Procurement and Construction ("EPC") and Operations and
Maintenance ("O&M") services to its Longreach and Oakey 1
assets, both located in Queensland, Australia. The net installed
capacity of the projects is 23MW, representing 2.9 per cent of the
Company's total 788MW portfolio.
The Company has implemented its contingency planning
arrangements and although some delays in the final commissioning of
Oakey 1 are expected, the financial impact is expected to be
minimal.
For further information, please contact:
Foresight Group
Joanna Andrews
(InstitutionalIR@ForesightGroup.eu) +44 (0)20 3763 6951
Stifel Nicolaus Europe Limited
Mark Bloomfield
Neil Winward
Gaudi Le Roux +44 (0)20 7710 7600
Citigate Dewe Rogerson
Nick Hayns
Elizabeth Kittle
Lucy Eyles +44 (0)20 7638 9571
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Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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