Foresight Solar Fund manager on FY25 performance, strategy, dividends & pipeline growth

Core Insights - Foresight Solar Fund Ltd's fund manager highlighted strong operational performance and a focus on dividend sustainability and growth strategy for the 2025 full-year results [1] Financial Performance - Higher-than-expected electricity production in the UK offset weaker output in Spain and Australia, supporting the fund's financial performance [2] - The company achieved its dividend cover target of 1.3 times for the year, reinforcing confidence in its income strategy [2] - The balance sheet remains robust with gearing at 41.2%, and the company has proactively managed power price volatility by locking in favorable rates [3] Future Outlook - Foresight Solar is targeting a 1.1 times dividend cover for 2026 while maintaining its dividend policy [4] - A strong development and construction pipeline, along with supportive regulatory developments in the UK, are identified as key drivers for future growth [4] - The portfolio continues to operate at a high standard, generating cash to pay dividends, underlining the stability of the fund's core assets [4]