TIDMBSIF

RNS Number : 5007W

Bluefield Solar Income Fund Limited

15 November 2017

15 November 2017

Bluefield Solar Income Fund Limited

('Bluefield Solar' or the 'Company')

Unaudited NAV 30 September 2017

Bluefield Solar (LON:BSIF), a sterling income fund that invests in UK-based solar assets, announces its net asset value ("NAV") as at 30 September 2017. Unless otherwise noted herein, the information provided in this announcement is unaudited.

The Company's NAV at 30 September 2017 was GBP398.9 million, or 107.85 pence per Ordinary Share, compared to the NAV at 30 June 2017 of GBP409 million, or 110.49 pence per Ordinary Share. The change in NAV is due to the adoption of the most recent power curves, released between July and September, from the Company's two independent power forecasters, which have been blended on a 50/50 basis. All other core assumptions remain consistent with those supporting the NAV issued in the Company's audited financial statements for the period ending 30 June 2017.

For further information:

 
 Bluefield Partners LLP (Company        Tel: +44 (0) 20 7078 0020 
  Investment Adviser)                    www.bluefieldllp.com 
  James Armstrong / Mike Rand 
  / Giovanni Terranova 
 Numis Securities Limited (Company      Tel: +44 (0) 20 7260 1000 
  Broker)                                www.numis.com 
  Tod Davis / David Benda 
 Heritage International Fund            Tel: +44 (0) 1481 716 
  Managers Limited                       000 
  (Company Secretary & Administrator)    www.heritage.co.gg 
  Kevin Smith 
 Media enquiries: 
  Buchanan (PR Adviser)                  Tel: +44 (0) 20 7466 5000 
  Henry Harrison-Topham / Vicky          www.buchanan.uk.com 
  Hayns / Henry Wilson                   BSIF@buchanan.uk.com

Notes to Editors

About Bluefield Solar

Bluefield Solar is a sterling income fund focused on acquiring and managing UK-based solar projects to generate stable renewable energy for periods of typically 25 years or longer. The Company's primary objective is to deliver to its shareholders, stable, long term sterling income via quarterly dividends, which are linked to RPI. The majority of the Group's revenue streams are regulated and non-correlated to traditional markets. Bluefield Solar owns and operates one of the UK's largest, diversified portfolios of solar assets with a combined installed power capacity in excess of 440MWp.

Further information can be viewed at www.bluefieldsif.com.

About Bluefield Partners LLP ('Bluefield')

Bluefield was established in 2009 and is an investment adviser to companies and funds investing in solar energy infrastructure. It has a proven record in the selection, acquisition and supervision of large scale energy and infrastructure assets in the UK and Europe. The team has been involved in over GBP1.25 billion of solar PV funds and/or transactions in both the UK and Europe since 2008, including over GBP500 million in the UK since December 2011.

Bluefield has led the acquisitions of, and currently advises on, over 70 UK based solar PV assets that are agriculturally, commercially or industrially situated. Based in its London office, Bluefield's partners are supported by a dedicated and highly experienced team of investment, legal and portfolio executives. Bluefield was appointed Investment Adviser to the Company in June 2013.

This information is provided by RNS

The company news service from the London Stock Exchange

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November 15, 2017 02:01 ET (07:01 GMT)

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