TIDMFSFL 
 
 
   Foresight Solar Fund Limited ("The Company") 
 
   Trading Update 
 
 
   -- Agreement to acquire 1.6 ROC, 12MW Spriggs Farm asset (not included in 
      IPO Prospectus). 
 
   -- 80% of IPO proceeds now invested in operational assets, 31% at 2 ROC rate, 
      49% at 1.6 ROC rate. 
 
   -- 93% of IPO proceeds will shortly be invested in operational assets. 
      Holsworthy (detailed in IPO Prospectus) to be connected as a 1.4 ROC 
      project, with its price being adjusted to achieve the same return to the 
      Company. 
 
   -- The Company is finalising an acquisition facility as the remaining IPO 
      proceeds will not extend to the acquisition of any single remaining asset 
      as detailed in the Prospectus and to allow for the acquisition of further 
      pipeline assets. 
 
   -- The Company confirms its intent to deliver a target dividend of 6p per 
      ordinary share in respect of its first financial year. 
 
 
   Foresight Solar Fund Limited ("the Company") is pleased to announce that 
it has agreed to acquire a 12MW operating asset. The asset, "Spriggs 
Farm" is located close to Stansted Airport in Essex and has been 
connected to the grid since March 19(th) 2014, thus qualifying for a 1.6 
ROC level. Spriggs Farm was not included in the Company's IPO 
Prospectus. 
 
   At IPO, the Company's GBP150 million of funds were fully allocated to a 
portfolio of large scale UK solar assets. The 32.2MW, 2 ROC accredited, 
Wymeswold plant has been operational and accruing revenues for the 
Company since November 2013. The Company announced on 31(st) March 2014 
the operational status of a further 39.6MW acquired from SunEdison and 
eligible for 1.6 ROCs. 
 
   The fourth SunEdison asset detailed in the Company's IPO Prospectus 
(Pitworthy "Holsworthy SPV") will be connected shortly and thus will 
qualify for 1.4 ROCs, the purchase price for this asset will be adjusted 
to achieve the same return to the Company. 
 
   The Company is finalising an acquisition facility as the remaining IPO 
proceeds will not extend to the acquisition of any single remaining 
asset as detailed in the Prospectus and to allow for the acquisition of 
further pipeline assets. The remaining assets detailed in the Company's 
IPO Prospectus will each be acquired as 1.4 ROC assets with their 
acquisition prices being adjusted accordingly. 
 
   The Company continues to see a strong availability of assets becoming 
available for acquisition and expects to double its operational capacity 
in the coming 12 months. 
 
   The Company confirms its intent to deliver a target dividend of 6p per 
ordinary share in respect of its first financial year, rising annually 
with RPI thereafter, and enabling the Company to support its strategy to 
sustain the NAV, offering the potential for further capital growth. 
 
   ENDS 
 
   For further information 
 
   Sarah Cole       scole@foresightgroup.eu                       01732 471 
863 
 
   Notes to Editors 
 
   About Foresight Solar Fund Limited ("The Company" or "FSFL") 
 
   FSFL is a Jersey-registered closed-end investment company. The Company 
invests in ground based solar power assets to achieve its objective of 
providing Shareholders with a sustainable and increasing dividend with 
the potential for capital growth over the long-term. 
 
   The Company raised proceeds of GBP150m through an initial public 
offering ("IPO") of shares on the main market of the London Stock 
Exchange in October 2013. 
 
   About Foresight Group 
 
   Foresight Group was established in 1984 and today is a leading 
independent infrastructure and private equity investment manager with 
over GBP1 billion of assets under management. As one of the UK's leading 
solar infrastructure investment teams Foresight funds currently manage 
over GBP650 million in 27 separate operating Photovoltaic ("PV") plants 
in the UK, the USA, Italy and Spain. 
 
   In 2013 Foresight executed a refinancing of its UK solar portfolio at 
that time through the issue of a GBP60m London Stock Exchange listed 
index-linked Solar Bond. 
 
   Foresight Group has offices in the UK, the USA and Italy. 
 
   www.foresightgroup.eu 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX 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 
 
   HUG#1773594
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