TIDMFSFL 
 
 
   Foresight Solar Fund Limited ("The Company") 
 
   Trading Update 
 
   Foresight Solar Fund Limited ("the Company") is pleased to announce that 
it has entered into a binding contract to acquire its ninth large-scale 
UK solar power plant, the 37.3MW Bournemouth plant 
 
 
   -- Binding contract now in place to acquire a 37.3MW solar power plant 
 
   -- Brings the Company's total committed assets to 185MW, of which 100MW is 
      already operational and generating revenues for the Company 
 
          -- 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 signed a binding contract to acquire the 37.3MW Bournemouth solar 
power plant. The plant is expected to be connected later this year and 
will be eligible for the 1.4 ROC rate. Following the acquisition of 
Bournemouth, the Company will own and manage three of the UK's largest 
solar power plants. 
 
   The acquisition is subject to certain conditions being met by the plant 
developer, including a plant being built to the required standard, its 
successful connection to the grid and Ofgem ROC accreditation. The 
Company, in line with its low risk strategy, will not take construction 
risk for the project. 
 
   In total the Company now manages an operational portfolio of 100MW of UK 
solar assets and has binding contracts in place to acquire a further 
85MW. 
 
   The Company announced earlier this week that it had reached financial 
close on a GBP100m debt acquisition facility to fund additional 
operational solar power plant acquisitions. The facility will be 
provided by RBC, RBS and Santander and it is expected that the facility 
will be repaid through utilisation of excess dividend cover, further 
equity issuance and/or refinancing with a long-term debt facility. 
 
   The Company continues to confirm 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                       020 3667 8154 
 
   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 UK 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 May 2013 Foresight executed an innovative refinancing of its existing 
UK solar assets 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#1787830 
 
 
 
 

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