TIDMFSFL 
 
 
   8(th) December 2014 
 
   Foresight Solar Fund Limited ("The Company" or "FSFL") 
 
   Acquisition 
 
 
   -- Binding contract now in place to acquire a 46MWp UK solar farm, the 
      largest solar farm in the UK to date 
 
   -- Brings the Company's total committed assets to 231MWp, of which 185MWp is 
      already operational and generating revenues for the Company 
 
 
 
 
   Foresight Solar Fund Limited ("the Company") is pleased to announce that 
it has signed a binding contract to acquire the 46MWp Landmead asset, 
the largest solar farm in the UK to date. The solar farm is located in 
East Hanney, Oxfordshire and is currently under construction. It is 
expected to be grid-connected later this month and will thus be eligible 
for the 1.4 ROC rate. Following the acquisition of Landmead, the Company 
will own and manage four of the UK's largest solar farms. 
 
   The acquisition is subject to certain conditions being met by the 
developer of the plant, including the solar farm being built to the 
required standard and its successful connection to the grid.  The 
Company, in line with its low risk strategy, will not take construction 
risk for the project. 
 
   In total the Company currently manages an operational portfolio of 
185MWp of UK solar assets and this acquisition will increase capacity to 
231MWp, the largest operating solar portfolio amongst the listed peer 
group. 
 
   The Company recently announced GBP60 million of gross proceeds had been 
raised in its Initial Placing and Offer, and this will be used together 
with existing debt facilities to complete the announced acquisitions of 
Kencot (37.3MWp), Bournemouth (37.2MWp) and Landmead (46MWp). It is 
expected that the existing acquisition facility will be repaid through a 
combination of the utilisation of further new equity issuance in early 
2015 and/or refinancing with a long-term debt facility. 
 
   ENDS 
 
   For further information 
 
   Foresight Group 
 
   Elena Palasmith                         epalasmith@foresightgroup.eu 
+44 (0)20 3667 8129 
 
   Oriel Securities 
 
   Mark Bloomfield                                                                                         +44 (0)20 7710 7600 
 
 
   Neil Winward 
 
   Tunga Chigovanyika 
 
   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, and a further GBP60.1m through an Initial 
Placing and Offer for Subscription in October 2014. 
 
   About Foresight Group 
 
   Foresight Group was established in 1984 and today is a leading 
independent infrastructure and private equity investment manager with 
over GBP1.3 billion of assets under management. As one of the UK's 
leading solar infrastructure investment teams Foresight funds currently 
manage over GBP930 million in 34 separate operating Photovoltaic ("PV") 
plants in the UK, the USA and southern Europe. 
 
   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#1878036
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