REG - Bluefield Solar Inc. - Director Appointment

Bluefield Solar Income FundAnnouncement

25/10/2024 12:00

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RNS Number : 7078J  Bluefield Solar Income Fund Limited  25 October 2024

 LEI: 2138004ATNLYEQKY4B30

 25 October 2024

 

Bluefield Solar Income Fund Limited

('Bluefield Solar' or the 'Company')

 

Director Appointment

 

Bluefield Solar (LON: BSIF), the London listed UK income fund focused
primarily on acquiring and managing solar energy assets, is pleased to
announce the appointment of Mr Glen Suarez as an independent non-executive
director with effect from 30 October 2024. Mr Suarez's appointment follows an
externally facilitated selection process.

 

Mr Suarez is currently the chairman of Knight Vinke Asset Management, having
previously held the roles of CIO and Deputy CEO. He is a senior adviser to
FMAP Limited, a consultancy founded by Lord Maude which advised governments on
the implementation of public sector reform. He was a committee member and
co-chair of the Capital Markets Advisory Committee, an independent body
advising on accounting issues and standards between 2014 and 2020. Prior to
this, Mr Suarez was a Partner in Soditic Limited for four years and prior to
that he was head of European energy, infrastructure and utilities investment
banking business at Morgan Stanley for eight years.

 

He is a Fellow of the Institute of Chartered Accountants in England and Wales
and a member of the Royal Society of Arts.

 

Pursuant to Listing Rule 9.6.13, the Company notes that Mr Suarez is currently
the non-executive chair of Impax Environmental Markets plc which is listed on
the London Stock Exchange. In the previous five years, Mr Suarez was a
non-executive director of Blackrock Throgmorton Investment Trust plc and
non-executive chair of The Edinburgh Investment Trust plc, both listed on the
London Stock Exchange.

 

John Scott, Chairman of Bluefield Solar, said:

 

"I am delighted to welcome Glen to the Bluefield Solar board. His appointment
completes the Company's phased succession plan around the four founder
directors of BSIF who took the company through its flotation in 2013. Glen
brings to our Board extensive experience in the renewable energy and utilities
sectors, as well as investment trusts. I believe that he will play a
significant role in the Company's further growth."

 

- Ends -

 

 

 For further information:

 Bluefield Partners LLP (Company Investment Adviser)   Tel: +44 (0) 20 7078 0020

James Armstrong / Neil Wood / Giovanni Terranova     www.bluefieldllp.com (http://www.bluefieldllp.com/)

 Deutsche Numis (Company Broker)                       Tel: +44 (0) 20 7260 1000

Tod Davis / David Benda / Matt Goss                  www.dbnumis.com (http://www.dbnumis.com)

 Ocorian                                               Tel: +44 (0) 1481 742 742
 (Company Secretary & Administrator)                   www.ocorian.com (http://www.ocorian.com/)

Chezi Hanford

 Media enquiries:                                      Tel: +44 (0) 20 7466 5000

Buchanan (PR Adviser)                                www.buchanan.uk.com (http://www.buchanan.uk.com/)

Henry Harrison-Topham / Henry Wilson
BSIF@buchanan.uk.com

 

For further information:

 

About Bluefield Solar

 

Bluefield Solar is a London listed income fund focused primarily on acquiring
and managing solar energy assets.  Not less than 75% of the Company's gross
assets will be invested into UK solar assets.  The Company can also invest up
to 25% of its gross assets into other technologies, such as wind and storage.
Bluefield Solar owns and operates a UK portfolio of 883MW, comprising 824.7MW
of solar and 58.3MW of onshore wind.

 

Further information can be viewed at www.bluefieldsif.com
(http://www.bluefieldsif.com/)

 

About Bluefield Partners

 

Bluefield Partners LLP was established in 2009 and is an investment adviser to
companies and funds investing in renewable energy infrastructure.  It has a
proven record in the selection, acquisition and supervision of large-scale
energy assets in the UK and Europe.  The team has been involved in over £6.7
billion renewable funds and/or transactions in both the UK and Europe,
including over £1.6 billion in the UK since December 2011.

 

Bluefield Partners LLP has led the acquisitions of, and currently advises on,
over 100 UK based solar PV assets that are agriculturally, commercially or
industrially situated.  Based in its London office, it is supported by a
dedicated and experienced team of investment, legal and portfolio
executives.  Bluefield Partners LLP was appointed Investment Adviser to
Bluefield Solar in June 2013.

 

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