Announced

Foresight to acquire Harmony Energy Income Trust for £191m.

Synopsis

Foresight, an investment manager in real assets and providing capital for growth with extensive experience of investing in energy transition, renewables and infrastructure projects, offered to acquire Harmony Energy Income Trust, a UK-based investment trust, investing in a diversified portfolio of utility-scale energy storage and renewable energy generation assets in Great Britain, for £191m. Foresight recognises HEIT's leading platform and considers HEIT's battery energy storage system portfolio to be highly complementary with Foresight's strategic mandate and Foresight's existing investments in renewable energy and storage.

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