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Latest Share Chat

Dividend Declaration

26 Apr 2016 07:00

RNS Number : 2850W
Bluefield Solar Income Fund Limited
26 April 2016
 

26 April 2016

 

BLUEFIELD SOLAR INCOME FUND LIMITED(the "Company")

 

Dividend Declaration

 

The Company is pleased to declare a second interim dividend of 1 penny per share in respect of the current financial year ending 30 June 2016. This dividend will be payable to shareholders on the register as at 6 May 2016 with an associated ex-dividend date of 5 May 2016 and a payment date of 20 May 2016.

Upon payment of the second interim dividend, the total dividend paid to shareholders for the year ending 30 June 2016 will be 4.25 pence per share. The Company can confirm that it intends to meet or exceed its target dividend of 7.07 pence per ordinary share in respect of the current financial year with the intention of this rising annually with RPI thereafter.

 

Enquiries:

 

James Armstrong / Mike Rand / Giovanni Terranova

Bluefield Partners LLP - Company Investment Adviser

Tel: +44 (0)20 7078 0020

 

Tod Davis / David Benda

Numis Securities Limited - Company Broker

Tel: +44 (0)20 7260 1000

 

Kevin Smith

Heritage International Fund Managers Limited - Company Secretary & Administrator

Tel: +44 (0)1481 716000

 

Tom Karim

CNC

Tel: +44(0)20 3219 8820 / +44(0)7923 293 399

 

 

Note to editors

 

About Bluefield Solar Income Fund Limited

The Company is a Guernsey-registered investment company focusing on large scale agricultural and industrial solar assets. It had an initial public offering of shares on the main market of the London Stock Exchange in July 2013 and currently has over 309 million shares in issue.

BSIF seeks to provide shareholders with an attractive return, principally in the form of income distributions, by investing in a diversified portfolio of solar energy assets, each located within the UK, with a focus on utility scale assets and portfolios on greenfield, industrial and/or commercial sites. The Company intends to pay quarterly distributions.

 

 

About Bluefield Partners LLP (Bluefield)

Bluefield was established in 2009 and is an investment adviser to companies and funds investing in solar energy infrastructure. It has a proven record in the selection, acquisition and supervision of large scale energy and infrastructure assets in the UK and Europe. The team has been involved in over £1.25 billion of solar PV funds and/or transactions in both the UK and Europe since 2008, including over £500m in the UK since December 2011.

Bluefield has led the acquisitions, and currently advises on over 70 UK based solar PV assets that are agriculturally, commercially or industrially situated. Based in its London office, Bluefield's partners are supported by a dedicated and highly experienced team of investment, legal and portfolio executives.

Bluefield was appointed Investment Adviser to the Company in June 2013.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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