Bluefield Solar Income Fund

Bluefield Solar Income Fund
LSE: BSIF
IndustryInvestment trust
FoundedJuly 2013
Headquarters
St Peter Port
,
Guernsey
Key people
John Rennocks (Chairman)
WebsiteOfficial site

Bluefield Solar Income Fund (LSE: BSIF) was a large British investment trust. Established in 2013, it was dedicated to investing in low-carbon assets in the UK.[1] It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index[2] until it was acquired by Drax Group in July 2026.[3]

History

The company was the subject of an initial public offering on the London Stock Exchange when it raised £130 million in July 2013.[4] The company acquired a portfolio of six solar farms and two wind farms from Good Energy Group in January 2022[5] and went on to buy another 15 solar farms and 4 wind farms in May 2022.[6] The company raised a further £150 million with a view to acquiring further assets in June 2022.[7]

In June 2026, Drax Group announced that it would acquire Bluefield Solar Income Fund in a transaction worth £548 million.[8] The transaction was completed on 31 July 2026.[3]

References

  1. ↑ "Bluefield Solar Income Fund". Trust.net. Retrieved 1 September 2022.
  2. ↑ "FTSE UK Index Series Quarterly Review September 2022". 31 August 2022. Retrieved 1 September 2022.
  3. 1 2 "Drax completes 'transformational' £548m acquisition of Bluefield Solar". Business Green. 31 July 2026. Retrieved 31 July 2026.
  4. ↑ "Bluefield Solar wraps up GBP-130m IPO". Renewables Now. 11 July 2013. Retrieved 1 September 2022.
  5. ↑ "Bluefield Solar acquires portfolio from Good Energy Group". Windfair.net. 21 January 2022. Retrieved 1 September 2022.
  6. ↑ "Bluefield pays £112.4 m for 93.2 MWp of wind & solar, gives investors till 25 May to contribute more". The Energyst. 11 May 2022. Retrieved 1 September 2022.
  7. ↑ "Bluefield Solar Income raises £150m following strong demand". Quoted Data. 1 June 2022. Retrieved 1 September 2022.
  8. ↑ "Drax buys Bluefield Solar Income Fund in £548 million deal". Solar Power Portal. 1 June 2026. Retrieved 3 August 2026.
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