In addition to income derived from selling the generated electricity, generation plants accredited under the RO scheme receive 20 years of income from the sale of renewable obligation certificates, which substantially increases returns for the plant.
Key points Foresight has a strategic focus on private equity, infrastructure and the environmental sectors The fund delivers returns from sales of renewable energy and from the sale of renewable obligation certificates The manager has raised more than £100m from private investors for its Solar VCT, and two Solar EIS schemes |
IFA verdict: Ruth Whitehead, principal of London-based Ruth Whitehead Associates
“These types of investments would appeal to some of my clients due to their environmentally friendly nature, but it’s a small number of fairly high net-worth clients as it’s a high-risk investment.”