Bluefield Solar Income Fund Limited (the "Company") is pleased to announce that it has entered into binding agreements for the acquisition of a major UK-based solar energy plant. The ground based solar photovoltaic ("PV") asset based in Norfolk has a capacity of 49.9MegaWatts Peak ("MWp") (the "Project"). The acquisition is being funded for a consideration of £56.5 million, including a bridging facility, working capital and expenses.

The acquisition is the twenty-ninth made by the Company and successfully completes the deployment of the £131 million placing programme that closed on 13 November 2014. Due to the size of the acquisition, the Project is also being part funded by the Company's Royal Bank of Scotland plc £50 million revolving credit facility to a value of c. £20 million. The Company's portfolio now has a combined energy capacity in excess of 250 MWp.

The Project was built by Maessa Telecomunicaciones, Ingenieria, Instalaciones y Servicios, S.A. ("Maetel") and is being acquired from the largest Chinese module manufacture Trina Solar Luxembourg (EU) Systems SARL ("Trina").