Renewable energy fund management teams are slowly ratcheting up disclosure to meet investor needs, concerns and/or questions. Foresight’s interim results to 30 June were in keeping with this trend. H1 (+0.9% TR) was dominated by a number of mainly exceptional items (e.g. LECs, power prices and discount rates) and in no way reflects a steady state return. Commenting on their pipeline (>300MW) of assets, financing and expected returns, it was highlighted that capacity remains under the
