Bluefield Solar Income Fund

Bluefield Solar Income Fund
LSE: BSIF
IndustryInvestment trust
FoundedJuly 2013
Headquarters,
Key peopleJohn Rennocks (Chairman)
WebsiteOfficial site

Bluefield Solar Income Fund (LSE: BSIF) was a large British investment trust. Established in 2013, it was dedicated to investing in low-carbon assets in the UK. It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by Drax Group in July 2026.

History

The company was the subject of an initial public offering on the London Stock Exchange when it raised £130 million in July 2013. The company acquired a portfolio of six solar farms and two wind farms from Good Energy Group in January 2022 and went on to buy another 15 solar farms and 4 wind farms in May 2022. The company raised a further £150 million with a view to acquiring further assets in June 2022.

In June 2026, Drax Group announced that it would acquire Bluefield Solar Income Fund in a transaction worth £548 million. The transaction was completed on 31 July 2026.

References

  1. ↑ "Bluefield Solar Income Fund". Trust.net. Retrieved 1 September 2022.
  2. ↑ "FTSE UK Index Series Quarterly Review September 2022". 31 August 2022. Retrieved 1 September 2022.
  3. 1 2 "Drax completes 'transformational' £548m acquisition of Bluefield Solar". Business Green. 31 July 2026. Retrieved 31 July 2026.
  4. ↑ "Bluefield Solar wraps up GBP-130m IPO". Renewables Now. 11 July 2013. Retrieved 1 September 2022.
  5. ↑ "Bluefield Solar acquires portfolio from Good Energy Group". Windfair.net. 21 January 2022. Retrieved 1 September 2022.
  6. ↑ "Bluefield pays £112.4 m for 93.2 MWp of wind & solar, gives investors till 25 May to contribute more". The Energyst. 11 May 2022. Retrieved 1 September 2022.
  7. ↑ "Bluefield Solar Income raises £150m following strong demand". Quoted Data. 1 June 2022. Retrieved 1 September 2022.
  8. ↑ "Drax buys Bluefield Solar Income Fund in £548 million deal". Solar Power Portal. 1 June 2026. Retrieved 3 August 2026.