Bluefield Solar Income Fund Limited (BSIF)

Sector:

Investment Firms

Index:

FTSE Small Cap

133.00p
   
  • Change Today:
      1.50p
  • 52 Week High: 138.00p
  • 52 Week Low: 116.60p
  • Currency: UK Pounds
  • Shares Issued: 496.07m
  • Volume: 1,011,058
  • Market Cap: £659.77m
  • RiskGrade: 54

Bluefield Solar attains 'Guernsey Green Fund' status

By Josh White

Date: Tuesday 16 Apr 2019

LONDON (ShareCast) - (Sharecast News) - UK-based solar asset investment fund Bluefield Solar has been successful in obtaining 'Guernsey Green Fund' status, it announced on Tuesday.
The London-listed fund said the Guernsey Green Fund aimed to provide a platform upon which investments into various green initiatives could be made, and gave investors a "trusted and transparent" product that contributed to the internationally-agreed objectives of mitigating environmental damage and climate change.

Following an application to the Guernsey Financial Services Commission via the Route 1 suitable third party certification route, Bluefield Solar said it was deemed to have met the investment criteria as outlined in the Guernsey Green Fund Rules 2018.

Under those rules, the property of a Guernsey Green Fund should be invested with the aim of spreading risk and with the ultimate objective of mitigating environmental damage resulting in a net positive outcome for the environment.

A Guernsey Green Fund should also comprise 75% assets by value that met the Guernsey Green Fund Rules criteria, with the remaining 25% not lessening or reducing the Guernsey Green Fund's overall objective of mitigating environmental damage, nor comprising an investment of a type specified within schedule 3 of the rules.

Additionally, a Guernsey Green Fund should only comprise assets permitted to be held under its principal documents or prospectus and of a nature described in its prospectus, and should not be invested in contravention of limits or restrictions imposed under its principal documents or prospectus.

"The Route 1 suitable third party certification was provided by KPMG Channel Islands in the form of an independent limited assurance report," the board said in its statement.

"In fulfilling the above investment criteria, Bluefield Solar invests in a diversified portfolio of solar energy assets, each located within the UK, with a focus on utility scale assets and portfolios on greenfield sites.

"The group targets long life solar energy infrastructure, expected to generate stable renewable energy output over a 25-year asset life."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BSIF Market Data

Currency UK Pounds
Share Price 133.00p
Change Today 1.50p
% Change 1.14 %
52 Week High 138.00p
52 Week Low 116.60p
Volume 1,011,058
Shares Issued 496.07m
Market Cap £659.77m
RiskGrade 54

BSIF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.95% above the market average59.95% above the market average59.95% above the market average59.95% above the market average59.95% above the market average
33.56% above the sector average33.56% above the sector average33.56% above the sector average33.56% above the sector average33.56% above the sector average
Price Trend
57.06% above the market average57.06% above the market average57.06% above the market average57.06% above the market average57.06% above the market average
54.52% above the sector average54.52% above the sector average54.52% above the sector average54.52% above the sector average54.52% above the sector average
Income
37.16% above the market average37.16% above the market average37.16% above the market average37.16% above the market average37.16% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average
Growth
72.21% below the market average72.21% below the market average72.21% below the market average72.21% below the market average72.21% below the market average
46.13% below the sector average46.13% below the sector average46.13% below the sector average46.13% below the sector average46.13% below the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 1
neutral
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BSIF Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 12-May-22 10-Feb-22
Paid 13-Jun-22 10-Mar-22
Amount 2.03p 2.03p

Trades for 20-May-2022

Time Volume / Share Price
14:19 250,000 @ 133.00p
17:13 30,000 @ 132.08p
16:35 7,602 @ 133.00p
16:30 1 @ 133.00p
16:30 2 @ 133.00p

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