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| TIDM | FGEN |
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On 22 April 2026, Foresight Environmental Infrastructure Limited (FGEN) signed a one-year extension to its £150 million Revolving Credit Facility (RCF) and activated a £15 million accordion facility. FGEN is £123.2 million drawn on the RCF, which now has a maturity of June 2028, with interest margins ranging from 205bps to 215bps over SONIA or Euribor.
| Date | 22 Apr 2026 |
| Time | 12:47:52 |
| Category | Miscellaneous |
| ID | 5245B |
22 April 2026
FORESIGHT ENVIRONMENTAL INFRASTRUCTURE LIMITED
("FGEN" or the "Company")
Extension of revolving credit facility
The Board of FGEN, a leading investor in private environmental infrastructure assets across the UK and mainland Europe, is pleased to announce that it has signed a one-year extension to its existing £150 million Revolving Credit Facility ("RCF") and has activated a £15 million accordion facility. The Company is £123.2 million drawn on the RCF, and the additional capacity provides greater headroom to ensure the Company can continue to fund existing commitments and the continued development of its diversified environmental infrastructure portfolio.
The extended facility will reach maturity in June 2028, and the interest charged continues to be linked to the Company's ESG performance with the margins ranging between 205bps and 215bps over SONIA ('Sterling Overnight Index Average') for Sterling borrowings and Euribor ('Euro Interbank Offered Rate') for Euro borrowings.
Contacts
For further information, please visit www.fgen.com or contact:
|
Foresight Group |
+44(0)20 3667 8100 |
|
Chris Tanner Edward Mountney Charlie Wright Wilna de Villiers
|
institutionalir@foresightgroup.eu |
|
Winterflood Securities Limited
|
+44(0)20 3100 0000
|
|
FTI Consulting Ambrose Fullalove Zac Lewis
|
+44(0)7703 330 199
|
|
Apex Fund and Corporate Services (Guernsey) Limited |
+44 (0)20 3530 3600
|
About FGEN
FGEN invests into environmental infrastructure to deliver stable returns, long term predictable income and opportunities for growth, whilst driving decarbonisation and sustainability.
Investing across renewable generation, other energy infrastructure and sustainable resource management, it targets projects and businesses with an emphasis on long term stable cash flows, secured revenues, inflation linkage and the delivery of essential services. FGEN's aim is to provide investors with a sustainable, progressive dividend per share, paid quarterly, alongside the potential for capital growth.
The target dividend for the year to 31 March 2026 is 7.96 pence per share1.
FGEN is an Article 9 fund under the EU Sustainable Finance Disclosure Regulation and has a transparent and award-winning approach to ESG.
Further details can be found on FGEN's website www.fgen.com and LinkedIn page.
(1) These are targets only and not profit forecasts. There can be no assurance that these targets will be met or that the Company will make any distributions at all.
LEI: 213800JWJN54TFBMBI68