IN BRIEF: Bluefield Solar secures financing for 249-megawatt portfolio

Thu, 07th May 2026 15:46

Bluefield Solar Income Fund Ltd - UK income fund focused primarily on acquiring and managing solar energy assets - Reaches a financial close on a debt raise of up to GBP120 million term loan commitments to fund construction of four projects in its development pipeline. Notes the facility comprises equal commitments from Santander and NatWest, and is expected to be drawn down over time during construction phases. Explains that the portfolio comprises 249 megawatts of ready-to-build solar PV in North East England. Says this portfolio represents around 34% of its ready-to-build solar PV pipeline.

"We are pleased to have worked with Santander and NatWest to secure significant debt funding on attractive terms to allow the company to build out its development pipeline and contribute further towards the UK's energy transition ambitions. The transaction received significant interest from lenders which highlights the attractiveness of the solar sector," says Chair Michael Gibbons.

Current stock price: 78.23 pence, down 0.5% on Thursday afternoon in London

12-month change: down 18%

By Christopher Ward, Alliance News reporter

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