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Pin to quick picksForesight Solar Fund Regulatory News (FSFL)

Share Price Information for Foresight Solar Fund (FSFL)

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Foresight Solar Fund is an Investment Trust

To provide investors with a sustainable, progressive quarterly dividend and enhanced capital value, through investment in ground based solar assets predominantly located in the UK.

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RCR Tomlinson Administration

23 Nov 2018 10:46

RNS Number : 3533I
Foresight Solar Fund Limited
23 November 2018
 

23 November 2018

 

Foresight Solar Fund Limited

("Foresight Solar" or "the Company")

 

RCR Tomlinson Administration

 

The Board noted the announcement by RCR Tomlinson Limited ("RCR") to the Australian Securities Exchange on 22 November 2018 regarding the formal appointment of administrators. Foresight Solar confirms that RCR was under contract by the Company to provide Engineering Procurement and Construction ("EPC") and Operations and Maintenance ("O&M") services to its Longreach and Oakey 1 assets, both located in Queensland, Australia. The net installed capacity of the projects is 23MW, representing 2.9 per cent of the Company's total 788MW portfolio.

 

The Company has implemented its contingency planning arrangements and although some delays in the final commissioning of Oakey 1 are expected, the financial impact is expected to be minimal.

 

 

For further information, please contact:

Foresight Group

Joanna Andrews

(InstitutionalIR@ForesightGroup.eu)

 

+44 (0)20 3763 6951

Stifel Nicolaus Europe Limited

Mark Bloomfield

Neil Winward

Gaudi Le Roux

 

+44 (0)20 7710 7600

Citigate Dewe Rogerson

Nick Hayns

Elizabeth Kittle

Lucy Eyles

+44 (0)20 7638 9571

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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