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Foresight and Our Generation to roll out £50m of solar PV

Alternative asset manager Foresight Group and Our Generation Ltd have agreed a £50 million programme of sub-50 kW solar photovoltaic (PV) installations in the UK over the next 12 months.

By Renewable Energy Focus staff

Foresight will finance the completed solar PV roof installations developed by Our Generation – an energy services company. Foresight will fund the investment from Foresight Solar VCT, which has already raised £20m from individuals, and from the Foresight Solar EIS.

Ricardo Pineiro, Investment Manager with Foresight Group, says: “We chose to work with Our Generation because quality is absolutely critical. The portfolio we build together will reflect the level of quality demanded by the biggest utility companies. And that in turn will help us deliver attractive returns without exposing our investors to high risks.”

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Photovoltaics (PV)