LEI: 2138004ATNLYEQKY4B30
30 September 2024
Bluefield Solar Income Fund Limited
('Bluefield Solar' or the 'Company')
Fourth Interim Dividend Announcement
Bluefield Solar (LON: BSIF), the London listed UK income fund focused primarily on acquiring and managing solar energy assets, is pleased to announce the Company's fourth interim dividend for the financial year which ended on 30 June 2024 (the 'Fourth Interim Divdend').
The Fourth Interim Dividend of 2.20 pence per Ordinary Share (September 2023: 2.30 pence per Ordinary Share) will be payable to Shareholders on the register as at 11 October 2024 with an associated ex-dividend date of 10 October 2024 and a payment date on or around 15 November 2024.
The Board is pleased to have declared full year dividends totalling 8.80 pence per Ordinary Share for the financial year ended 30 June 2024, in line with our target, compared to a full year dividend of 8.60 pence per Ordinary Share for the financial year ended 30 June 2023.
Furthermore, the Board has set a target dividend for the financial year ending 30 June 2025 of not less than 8.90 pence per Ordinary Share. This is expected to be covered by earnings and to be post debt amortisation.
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| For further information: Bluefield Partners LLP (Company Investment Adviser)
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Tel: +44 (0) 20 7078 0020 |
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| Deutsche Numis (Company Broker)
| Tel: +44 (0) 20 7260 1000 |
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| Ocorian
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Tel: +44 (0) 1481 742 742 |
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| Media enquiries:
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About Bluefield Solar
Bluefield Solar is a London listed income fund focused primarily on acquiring and managing solar energy assets. 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. Bluefield Solar owns and operates a UK portfolio of 883MW, comprising 824.7MW of solar and 58.3MW 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 £6.7 billion renewable funds and/or transactions in both the UK and Europe, including over £1.6 billion in the UK since December 2011.
Bluefield Partners LLP has led the acquisitions of, and currently advises on, over 100 UK based solar photovoltaic 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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