TIDMFSFL

RNS Number : 3533I

Foresight Solar Fund Limited

23 November 2018

23 November 2018

Foresight Solar Fund Limited

("Foresight Solar" or "the Company")

RCR Tomlinson Administration

The Board noted the announcement by RCR Tomlinson Limited ("RCR") to the Australian Securities Exchange on 22 November 2018 regarding the formal appointment of administrators. Foresight Solar confirms that RCR was under contract by the Company to provide Engineering Procurement and Construction ("EPC") and Operations and Maintenance ("O&M") services to its Longreach and Oakey 1 assets, both located in Queensland, Australia. The net installed capacity of the projects is 23MW, representing 2.9 per cent of the Company's total 788MW portfolio.

The Company has implemented its contingency planning arrangements and although some delays in the final commissioning of Oakey 1 are expected, the financial impact is expected to be minimal.

 
 For further information, please contact: 
  Foresight Group 
  Joanna Andrews 
  (InstitutionalIR@ForesightGroup.eu)        +44 (0)20 3763 6951 
 Stifel Nicolaus Europe Limited 
  Mark Bloomfield 
  Neil Winward 
  Gaudi Le Roux                              +44 (0)20 7710 7600 
 Citigate Dewe Rogerson 
  Nick Hayns 
  Elizabeth Kittle 
  Lucy Eyles                                 +44 (0)20 7638 9571

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END

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November 23, 2018 05:46 ET (10:46 GMT)

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