IN BRIEF: Bluefield Solar secures financing for 249-megawatt portfolio
Bluefield Solar Income Fund Ltd - UK income fund focused primarily on acquiring and managing solar energy assets - Reaches a financial close on a debt raise of up to GBP120 million term loan commitments to fund construction of four projects in its development pipeline. Notes the facility comprises equal commitments from Santander and NatWest, and is expected to be drawn down over time during construction phases. Explains that the portfolio comprises 249 megawatts of ready-to-build solar PV in North East England. Says this portfolio represents around 34% of its ready-to-build solar PV pipeline. Read More