Third Interim Dividend Announcement

Bluefield Solar Income Fund Limited

07 August 2023

 

7 August 2023

Bluefield Solar Income Fund Limited

('Bluefield Solar' or the 'Company') 

Third Interim Dividend Announcement

Bluefield Solar (LON: BSIF), the UK income fund focused on acquiring and managing UK-based renewable energy and storage assets to provide growing dividends for its shareholders whilst furthering the decarbonisation of the energy system, is pleased to announce the Company's third interim dividend for the financial year which ended on 30 June 2023 (the 'Third Interim Dividend').

The Third Interim Dividend of 2.10 pence per Ordinary Share (August 2022: 2.05 pence per Ordinary Share) will be payable to Shareholders on the register as at 17 August 2023, with an associated ex-dividend date of 18 August 2023 and a payment date on or around 1 September 2023.

The Board is pleased to reconfirm its guidance of a full year dividend of not less than 8.40 pence per Ordinary Share for the financial year ended 30 June 2023. This is expected to be covered by earnings and is post debt amortisation.

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For further information: Bluefield Partners LLP (Company Investment Adviser) James Armstrong / Neil Wood / Giovanni Terranova	Tel: [phone] www.bluefieldllp.com
Numis Securities Limited (Company Broker) Tod Davis / David Benda / Vicki Paine	Tel: [phone] www.numis.com
Ocorian (Company Secretary & Administrator) Patrick Ogier	Tel: [phone] www.ocorian.com
Media enquiries: Buchanan (PR Adviser) Henry Harrison-Topham / Henry Wilson	Tel: [phone] www.buchanan.uk.com [e-mail]

For further information:

About Bluefield Solar

Bluefield Solar is a London listed income fund focused on acquiring and managing renewable energy and storage projects in the UK, to provide long term, growing dividends for its shareholders whilst furthering the decarbonisation of the energy system.  Not less than 75% of the Company's gross assets will be invested into UK solar assets.  The Company can also invest up to 25% of its gross assets into other technologies, such as wind and storage.  The majority of the Company's revenue streams are regulated and non-correlated to short term UK energy market fluctuations.  Bluefield Solar owns and operates a 812MWp UK portfolio, comprised of 754MWp of solar and 58MWp of onshore wind.

Further information can be viewed at www.bluefieldsif.com

About Bluefield Partners

Bluefield Partners LLP was established in 2009 and is an investment adviser to companies and funds investing in renewable energy infrastructure.  It has a proven record in the selection, acquisition and supervision of large-scale energy assets in the UK and Europe.  The team has been involved in over £4 billion renewable funds and/or transactions in both the UK and Europe, including over £1 billion in the UK since December 2011.

Bluefield Partners LLP has led the acquisitions of, and currently advises on, over 100 UK based solar PV assets that are agriculturally, commercially or industrially situated.  Based in its London office, it is supported by a dedicated and experienced team of investment, legal and portfolio executives.  Bluefield Partners LLP was appointed Investment Adviser to Bluefield Solar in June 2013.

 

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