News

1 minute

24/10/2023

Powering Progress: Foresight Solar turns 10

Foresight Solar Fund Limited celebrates its 10-year anniversary.

Foresight Solar turns 10! A pioneer in renewable energy investment, FSFL was the UK’s largest investment trust dedicated to solar when it completed its initial public offering in 2013.

In the decade since, it has continued to grow, deploying approximately £1.3 billion to build and manage a portfolio of 61 assets in the UK, Australia and Spain - responsible for roughly 1.1GW of generating capacity.

The fund has delivered an annualised total NAV return of 8.3%, and an investment in one FSFL share when it went public would have provided a total shareholder return of almost 70% to 30 June 2023.

In the video below, Ross Driver, Fund Manager for Foresight Solar, and Ricardo Piñeiro, Partner and Head of Infrastructure at Foresight Group, visit Wymeswold solar farm – our very first site – to reflect on the past decade and discuss what's to come.

 

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