In its interim management statement, the company said this £34.9 million increase since the last quarter of 2014 had taken the NAV per ordinary share to 101.1p.
Foresight also announced it raised £36.1 million of gross proceeds in the second fundraising under its placing programme in March 2015.
All 10 assets in the firm’s 233MW portfolio are now fully operational following the acquisition of the 37MW Kencot asset reaching financial completion on 27 March 2015.
Each of the firm’s assets received Renewables Obligation Certificate (ROC) accreditation ahead of the 31 March 2015 deadline for projects of more than 5MW.
The firm also said that once the subsidy band of 1.4ROCs/MWh closes it will continue to look at projects below 5MW which still qualify for 1.3ROCs/MWh and those projects to be supported by the government’s incoming Contracts for Difference support scheme.
Several large project acquisitions are currently under consideration by the company which are part of a pipeline of assets under exclusivity.