IN BRIEF: Bluefield Solar secures financing for 249-megawatt portfolio

Bluefield Solar Income Fund Ltd - UK income fund focused primarily on acquiring and managing ...

Alliance News 7 May, 2026 | 2:46PM
Email Form Facebook Twitter LinkedIn RSS

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.

"We are pleased to have worked with Santander and NatWest to secure significant debt funding on attractive terms to allow the company to build out its development pipeline and contribute further towards the UK's energy transition ambitions. The transaction received significant interest from lenders which highlights the attractiveness of the solar sector," says Chair Michael Gibbons.

Current stock price: 78.23 pence, down 0.5% on Thursday afternoon in London

12-month change: down 18%

By Christopher Ward, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Bluefield Solar Income Fund 77.80 GBX -0.51 -
NatWest Group PLC 579.80 GBX 1.51
Banco Santander SA 9.49

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

© Copyright 2025 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures