Foresight Solar Fund Limited Will Take Major Share in 110 Megawatts Solar Farm

Jon Capistrano
Jon Capistrano
September 30, 2017

The Foresight Group has acquired a majority stake on the 110 megawatts Bannerton Solar Project in Victoria. The firm will take 48.5% stake in the said solar project as reported by PV-Tech.

This will be the firm’s first overseas investment and acquisition, thus expanding the company’s portfolio by 11% in capacity and totaling 20 assets with a combined power generation of 528 megawatts. The planned solar project once operational will be connected to the grid by July 2018.

We are pleased to have finished FSFL’s first overseas acquisition in Australia alongside the renowned financial institutions and investors KDB KIAMCO and Hanwha, growing the company’s portfolio to 20 assets with a capacity of 528MW

Ricardo Piñeiro, partner at Foresight Group

Click here to read the full story on PV-Tech

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Share on facebook
Share on twitter
Share on linkedin
OUR MOST POPULAR POSTS

Trending Posts

The Future of Space-Based Solar Power Image
General

The Future of Space-Based Solar Power

Gigantic solar installations in space. It sounds fanciful – something out of Star Wars or Star Trek’s universe – but what if it’s actually possible?