You are here

Prices & Quotes - UK Markets - Foresight Solar Fund Limited (FSFL)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 97.50p
Change Today:
1.10p
Market Cap:
592.68m
Sector:
Equity Investment Instruments

Foresight Solar acquires first asset in Spain

By Iain Gilbert

Date: Monday 07 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Solar photovoltaics assets investor Foresight Solar Fund said on Monday that it had acquired its first Continental European asset in Huelva, in the South-West corner of Spain.
Foresight's acquisition will represent an investment of €20.2m once construction of the project is completed and will see the group sell electricity to Shell Energy Europe, a subsidiary of Royal Dutch Shell, under a fixed price until 2030.

Construction of the asset was expected to start at the end of September, with operations targeted to start in the third quarter of 2021.

Foresight highlighted that the acquisition would be funded using its existing revolving credit facilities.

Chairman Alex Ohlsson said: "This acquisition is a milestone in the development of Foresight Solar's geographically diversified portfolio.

"With a long-term, fixed price PPA in place and a high production profile, the acquisition is a clear demonstration of our ability to source and deliver stable cash flows at attractive risk-adjusted returns and marks an important step in Foresight Solar's international expansion strategy."

As of 0910 BST, Foresight shares were down 0.18% at 107.81p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

FSFL Market Data

Currency UK Pounds
Price 97.50p
Change Today 1.10p
52 Week High 114.00p
52 Week Low 96.00p
Volume 568,939
Shares Issued 607.88m
Market Cap 592.68m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
P/E
Not Available
PEG
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
EPS Growth
Not Available
Operating Margin
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 1
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FSFL Dividends

  Latest Previous
  4th Interim 3rd Interim
Ex-Div 29-Apr-21 04-Feb-21
Paid 28-May-21 05-Mar-21
Amount 1.73p 1.73p

Trades for 07-May-2021

Time Volume / Share Price
16:35 29,210 @ 97.50p
16:29 161 @ 97.90p
16:29 5,000 @ 97.86p
16:23 3 @ 97.71p
16:20 1,750 @ 97.86p

FSFL Key Personnel

Chair Alex Ohlsson