The SNOWBALL has bought back FSFL, current profit £621.00.

Foresight Solar, the fund investing in solar and battery storage assets to generate income and deliver long-term growth, is investing in a programme of upgrades designed to improve electricity generation and revenues, strengthen dividend cover and support long-term shareholder returns.

The enhancements, also known as revamping, involve replacing components such as solar panels and inverters with newer, more efficient equipment. The planned works cover nine sites representing more than 150 MW of capacity, about 20% of the UK portfolio, and are scheduled to be finalised by summer 2027.

Once fully implemented, the programme is expected to deliver up to £2.5 million of annual revenue, contributing approximately 0.05x towards the Company’s dividend cover. At the current 8.10 pence per share target, the Investment Manager calculates the dividend will be 1.1x covered in 2026.

Current buy price 71p, equates to a yield of 11%

14070 shares for 10k.