Title: PowerPoint Presentation URL Source: https://documentscdn.financialexpress.net/Literature/B81F292368CED719BAAF852510897D12/241400433.pdf Number of Pages: 2 Markdown Content: Key statistics ## Financial and operational update ## Portfolio overview Development Target development pipeline Current pipeline Targeted pipeline 2500 2000 1500 1000 500 0 Up to 400MW Spanish BESS 467MW Spanish solar • Below -budget irradiation in the UK and curtailment in Spain led to electricity generation under forecast. The first quarter is seasonally weaker for production. • The removal of the Carbon Price Support (CPS) mechanism will have a limited effect on NAV, estimated between 0.5pps and 1.0pps. No adjustment has been made while the Company awaits independent forecasters’ updated power price assumptions. The announced changes to the Electricity Generator Levy do not impact FSFL’s NAV. • The policy moves as stated so far are not expected to affect Foresight Solar's 8.10pps dividend target or its anticipated 1.1x dividend cover for 2026. • Will Morgan has joined Foresight Group as a Managing Director to lead Foresight Solar’s investment management team. # 99.2p NAV per share # £931.5 m GAV # 41. 7% Gearing (as % of GAV) # (11.2)% 2025 global production (in relation to budget) # 8.10pps 2026 target dividend # 1.1x 2026 estimated dividend cover UK 748MW Across 51 sites 25MWp 1 pre -construction site Spain 76MW Across 4 sites 867MWp Across solar and BESS Australia 170 MW Across 4 sites 122 MWp Across 2 co -located BESS # Foresight Solar # Fund Limited ( FSFL ) Factsheet – 31 March 202 6 ## Proprietary development pipeline Construction Realisation Operation Realisation Ready to Build (RTB) Commercial Operations Date (COD) Proprietary development pipeline Operational solar and BESS Construction/ RtB BESS Fund details Important notice The Company currently conducts its affairs so that the shares issued by Foresight Solar Fund Limited can be recommended by IFAs to ordinary retail investors in accordance with the FCA’s rules in relation to non -mainstream pooled investments and intends to continue to do so for the foreseeable future. This document has been issued and approved by Foresight Group LLP, which is authorised by the Financial Conduct Authority (FRN: 198020). This document is intended for information purposes only and does not create any legally binding obligations on the part of Foresight Group LLP. Without limitation, this document does not constitute an offer, an invitation to offer or a recommendation to enter into any transaction. The information contained in this document is based on material we believe to be reliable. However, we do not represent that it is accurate, current, complete or error free. Assumptions, estimates and opinions contained in this document constitute our judgement as of the date of the document and are subject to change without notice. Past performance is not a guarantee of future results. The value of investments can go down as well as up and you may not get back any or all of the original amount invested. The distribution of this document and availability of this product in certain jurisdictions may be restricted by law. You may not distribute this document, in whole or in part, without our prior express written permission. Foresight Solar Fund Limited is regulated by the Jersey Financial Services Commission. Fund name Foresight Solar Fund Limited Listing London Stock Exchange Main Market Investment manager Foresight Group LLP Vehicle type Closed -end investment company Domicile Jersey Launch date 29 October 2013 Financial year end 31 December Dividend payments Quarterly Dividend target (FY 2026) 8.10 pence per share (Discount)/Premium to NAV (37.9)% Ordinary shares in circulation 547,091,874 NAV £54 3.0 million GAV £931.5 million Market capitalisation £354.4 million ISIN JE00BD3QJR55 Bloomberg ticker FSFL.LN Ongoing charges (OFC) 1.15% ## About Foresight Solar • Foresight Solar is a closed -end investment company with approximately £1 billion deployed in a diversified portfolio of solar and battery storage assets. • The sustainability -focused fund contributes to a lower -carbon future by investing in and managing approximately 2 GW of operational and under -development renewable energy infrastructure primarily in the UK and in mainland Europe. ## Investment objective • The Company’s objective is to provide investors with a sustainable, progressive quarterly dividend and enhanced capital value, whilst facilitating climate change mitigation and the transition to a lower -carbon economy. ## Business model Government Solar farm Foresight Solar Shareholders Proof of production Subsidy Distributions Dividends Offtaker Solar irradiation Payment Electricity Click or scan to read our latest report