Earnings call transcript: Foresight Solar H1 2026 profit steady as output slips By Investing.com

Foresight Solar Fund reported broadly steady first-half 2026 results, with EBITDA meeting budget, but also disclosed weaker generation and a lower net asset value. Global generation came in 5.6% below budget, with management pointing to weaker irradiance and a higher performance bar after the UK portfolio was “rebased.” NAV fell 5.1% to £517.9 million from £545.9 million at end-2025. The fund’s shares rose 1.56% to $71.6 in premarket trading before easing to $69.9. The trust said contracted revenues are expected to support 1.0x dividend cover in 2026, with projected cover of 1.1x, and noted the dividend yield at 11.44%. Concentration risk remains: the UK accounts for 95% of EBITDA and 68% of generation.