A London Stock Exchange-listed investor in UK ground-based solar photovoltaic (PV) plants, Foresight Solar Fund, has announced its intention to pursue a secondary listing on the JSE through a private placement with institutional South African investors. The listing is expected to raise £50-million. The closed-end investment company, which listed in London in 2013, owns a portfolio of 18 ground-based solar assets across Britain, with a gross asset value of more than £614-million and a total capacity of 470 MW.
Source: www.engineeringnews.co.za
Investor in UK solar assets plans secondary listing on JSE from April
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