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Bluefield Solar Income Fund (BSIF) investor relations material
Bluefield Solar Income Fund H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Focused on strategic partnerships, notably the GLIL joint venture, advancing a proprietary pipeline with over 400MW of CFD approvals, and supporting capital recycling and growth.
Achieved over a decade of sustainable returns, with a focus on UK solar and complementary renewables.
Board transition with Michael Gibbons becoming Chair and John Scott stepping down.
Continued disciplined capital allocation, deploying over £1bn since IPO.
Strong ESG performance, including avoided CO₂ emissions and community engagement.
Financial highlights
Gross asset value declined to £1,271m (from £1,389m), mainly due to lower power prices and dividend payouts.
NAV per share dropped from 129.8p to 116.6p, reflecting dividends and market conditions.
Operational cash flow remained robust at £95.3m, with dividend cover at 1.2x (1.7x including carry forward).
Dividend yield stands at 10.8% due to share price movements.
Leverage increased to 46%, influenced by buybacks and Lyceum gearing.
Outlook and guidance
Dividend target for the period ending June 2026 increased to 9p per share, among the highest in the infrastructure sector.
High visibility of future cash flows, with 68% of revenue fixed and inflation-linked out to 2035.
Emphasis on transitioning to a self-funded growth model with lower payout and higher reinvestment.
Expectation of low double-digit total returns with the new strategy, leveraging the proprietary pipeline.
Strategic initiatives under review, including potential internalisation to enhance long-term value.
- TimeTickerHeadlineOpen
- 7 FebPGIL
Double-digit revenue and profit growth, margin gains, and FTAs to further boost expansion. - 7 Feb504614
Strong revenue and profit growth in Q3 FY26, led by power and steel segments. - 7 FebCHEMPLASTS
Net losses widened and revenue fell year-over-year amid regulatory and market headwinds. - 7 FebSBIN
Q3 FY26 net profit reached ₹21,028.15 crore, driven by robust income and strategic divestments. - 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%. - 6 FebFFWM
Merger vote includes new non-voting stock class with limited conversion and no voting rights. - 6 FebKKR
Charter amendments seek to modernize governance and establish one share, one vote by 2026.
Next Bluefield Solar Income Fund earnings date
Next Bluefield Solar Income Fund earnings date
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