Bluefield Solar Income Fund Limited completes acquisition of 64.2MWp UK solar PV portfolio

Bluefield Solar Income Fund Limited (LON: BSIF) has completed the acquisition of the UK-based portfolio of 15 operational solar photovoltaic (PV) plants with a total installed capacity of 64.2 MWp (megawatt peak).

  • The acquisition was completed on 20 August 2020, for an initial cash consideration of £106.6 million including working capital.
  • A new three-year term loan facility worth £110.0 million, with National Westminster Bank plc has also been agreed by the company.
  • On 24August 2020, at the time of writing, GMT 09:02 AM, BSIF shares were trading at GBX 131.00, unchanged against the previous day closing price.