UK income fund Bluefield Solar has announced the refinancing and extension of its £110 million loan with NatWest, increasing it to £130 million with its maturity date extended from September 2023 to December 2039.
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The renewable energy and storage asset income fund, Bluefield Solar, has released its Interim Report for the six months ending 31 December 2022, reporting a small increase in its Net Asset Value (NAV) to £870.7 million. This was principally due to higher electricity prices, however the company forecasts that these benefits are likely to be offset by the Energy Generator Levy (EGL).