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Share Price: 38.00

Bid: 36.00

Ask: 40.00

Change: 0.00 (0.00%)

Spread: 4.00 (11.111%)

Open: 37.50

High: 38.00

Low: 37.50

Prev. Close: 38.00

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IN BRIEF: US Solar Fund completes first tranche solar plant purchase

Mon, 29th Mar 2021 14:35

US Solar Fund PLC - Americas-focused utility-scale solar power plant investor - Completes first tranche of a 25% interest acquisition in Mount Signal 2, a 200 megawatts operating solar plant in Imperial Valley, California. Notes US Solar Fund announced binding terms to acquire tranche one of Mount Signal 2 from ASX-listed New Energy Solar Fund Ltd for USD23 million on December 31, 2020. Says total portfolio now consists of 493 megawatts of fully operational assets in four states in the US, with a weighted average investment-grade power purchase agreement term of 15.4 years.

Current stock price: US1.04

Year-to-date change: down 4.6%

By Zoe Wickens; zoewickens@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News

30 Jan 2020 18:27

US Solar Fund Says Investment Manager Victim Of USD6.9 Million Fraud

US Solar Fund Says Investment Manager Victim Of USD6.9 Million Fraud

29 Jan 2020 16:22

US Solar Fund To Buy 22 Solar Power Projects In Three States

US Solar Fund To Buy 22 Solar Power Projects In Three States

13 Jan 2020 11:45

US Solar Fund Completes Purchase Of Remaining North Carolina Projects

US Solar Fund Completes Purchase Of Remaining North Carolina Projects

2 Jan 2020 12:13

US Solar Fund Completes Acquisition Of Five North Carolina Projects

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27 Dec 2019 08:17

US Solar Fund Buys Eight Projects In North Carolina For USD36 Million

US Solar Fund Buys Eight Projects In North Carolina For USD36 Million

10 Dec 2019 15:04

US Solar Fund Acquires 39 Megawatt Solar Portfolio In North Carolina

US Solar Fund Acquires 39 Megawatt Solar Portfolio In North Carolina

16 Oct 2019 13:37

US Solar Fund Enters Exclusivity For 8 US Solar Power Projects

US Solar Fund Enters Exclusivity For 8 US Solar Power Projects

20 Sep 2019 13:22

US Solar Fund Announces Maiden Interim Result And Declares Dividend

(Alliance News) - US Solar Fund PLC declared a dividend on Friday and posted its maiden interim result, showing shares traded at a slight premium to net asset value at the end of June.The

2 Sep 2019 17:20

US Solar Completes Purchase Of Milford Project From Longroad Energy

(Alliance News) - US Solar Fund PLC on Monday said it has completed the acquisition of the Milford solar project in Utah, US, from Longroad Energy Partners LLC.The company will fund the and

23 Jul 2019 13:07

US Solar Fund Acquires Milford Project From Longroad Energy Partners

(Alliance News) - US Solar Fund PLC on Tuesday said it has executed an acquisition agreement for the Milford solar project in the western US, from Longroad Energy Partners LLC.The firm said

18 Jun 2019 13:57

US Solar Fund Enters Exclusivity Pact For Power Project Portfolio

(Alliance News) - US Solar Fund PLC on Tuesday said it has inked an exclusivity agreement to acquire a portfolio of utility-scale solar power projects located in the US states of North Carolina on

14 Jun 2019 17:24

US Solar Fund Enters Exclusivity To Buy Power Project In Western US

(Alliance News) - US Solar Fund PLC on Friday said it has entered exclusivity to acquire a utility-scale power project in the western US.The company, which invests in solar power assets, a

14 May 2019 18:29

DIRECTOR DEALINGS: Three US Solar Fund Directors Subscribe For Shares

LONDON (Alliance News) - US Solar Fund PLC on Tuesday said Non Executive Director & Chair Gillian Nott subscribed for 66,000 shares in the company on April 16 at its initial public Solar Fund

25 Apr 2019 17:49

Sarasin & Partners Picks Up 10% Interest In US Solar Fund (ALLISS)

LONDON (Alliance News) - US Solar Fund PLC said on Thursday that Sarasin & Partners LLP has picked up a 10% interest in the company in a deal on Tuesday last week.Sarasin's former