Battery Portfolio Update

27 August 2025

FORESIGHT ENVIRONMENTAL INFRASTRUCTURE LIMITED

("FGEN" or the "Company")

Battery Portfolio Update

FGEN, a leading investor in private environmental infrastructure assets across the UK and mainland Europe, announces that it has exchanged contracts for the sale of its 50% equity stake in Lunanhead, a 50MW lithium-ion battery energy storage ("BESS") development project located in Perthshire, Scotland, and is pleased to confirm that its Sandridge BESS project in Wiltshire has now been energised.

Lunanhead was jointly owned with Foresight Solar Fund and has been sold to a third-party buyer at a value consistent with the asset's carrying value as at 30 June 2025, which represents less than 0.2% of the Company's total portfolio value. The deal is expected to complete later this quarter.

Per the Company's capital allocation strategy, the Board and the Investment Manager have assessed developing the investment against alternative capital uses, including the potential returns of share buybacks or debt repayment and concluded that a sale would represent the best outcome for shareholders. As previously reported, the Investment Manager continues to explore options for Clayfords BESS in which the Company also holds a 50% stake.

Sandridge is now entering its final commissioning and testing phase, with commercial operations anticipated shortly thereafter. Sandridge will become FGEN's second operational BESS project, joining West Gourdie in enabling the integration of renewable energy sources while enhancing grid stability and supporting cost savings to consumers and businesses.

Contacts

For further information, please visit www.fgen.com or contact:

Foresight Group +44(0)20 3667 8100

Chris Tanner [email protected]

Edward Mountney

Charlie Wright

Wilna de Villiers

Winterflood Securities Limited +44(0)20 3100 0000

Neil Langford

SEC Newgate +44 (0)20 3757 6882

Clotilde Gros [email protected]

Alice Cho

Harry Handyside

Apex Fund and Corporate Services (Guernsey)Limited  +44 (0)20 3530 3600

Matt Lihou [email protected]

About FGEN

FGEN invests into environmental infrastructure to deliver stable returns, long term predictable income and opportunities for growth, whilst driving decarbonisation and sustainability.

Investing across renewable generation, other energy infrastructure and sustainable resource management, it targets projects and businesses with an emphasis on long term stable cash flows, secured revenues, inflation linkage and the delivery of essential services. FGEN's aim is to provide investors with a sustainable, progressive dividend per share, paid quarterly, alongside the potential for capital growth.

The target dividend for the year to 31 March 2026 is 7.96 pence per share¹.

FGEN is an Article 9 fund under the EU Sustainable Finance Disclosure Regulation and has a transparent and award-winning approach to ESG.

Further details can be found on FGEN's website www.fgen.com and LinkedIn page.

(1) These are targets only and not profit forecasts. There can be no assurance that these targets will be met or that the Company will make any distributions at all.