Bluefield Solar Income Fund Limited (BSIF)

Sector:

Investment Firms

Index:

FTSE Small Cap

137.00p
   
  • Change Today:
      1.00p
  • 52 Week High: 145.50p
  • 52 Week Low: 105.50p
  • Currency: UK Pounds
  • Shares Issued: 370.50m
  • Volume: 352,023
  • Market Cap: £507.58m
  • RiskGrade: 70

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 137.00p
Change Today 1.00p
% Change 0.74 %
52 Week High 145.50p
52 Week Low 105.50p
Volume 352,023
Shares Issued 370.50m
Market Cap £507.58m
RiskGrade 70

BSIF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
33.88% below the market average33.88% below the market average33.88% below the market average33.88% below the market average33.88% below the market average
30% below the sector average30% below the sector average30% below the sector average30% below the sector average30% below the sector average
Price Trend
52.54% above the market average52.54% above the market average52.54% above the market average52.54% above the market average52.54% above the market average
52.49% above the sector average52.49% above the sector average52.49% above the sector average52.49% above the sector average52.49% above the sector average
Income
41.27% above the market average41.27% above the market average41.27% above the market average41.27% above the market average41.27% above the market average
90.04% above the sector average90.04% above the sector average90.04% above the sector average90.04% above the sector average90.04% above the sector average
Growth
36.16% below the market average36.16% below the market average36.16% below the market average36.16% below the market average36.16% below the market average
34.35% below the sector average34.35% below the sector average34.35% below the sector average34.35% below the sector average34.35% below the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 1
Sell 0
Strong Sell 1
Total 2
sell
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BSIF Dividends

  Latest Previous
  4th Interim 3rd Interim
Ex-Div 01-Oct-20 06-Aug-20
Paid 28-Oct-20 21-Aug-20
Amount 2.05p 1.95p

Trades for 29-Sep-2020

Time Volume / Share Price
15:09 200,750 @ 136.00p
16:35 78,490 @ 137.00p
16:28 1,496 @ 136.50p
16:08 7 @ 136.44p
16:06 439 @ 136.44p

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