Royal Bank of Scotland increased Bluefield Solar’s credit facility from £50 million (approximately $70 million) to £200 million (approximately $280 million). The increased credit facility enabled Bluefield to acquire six additional solar photovoltaic plants with an energy capacity totaling 104.5 megawatts.

John Rennocks, chairman of the company, stated, “This facility extension, together with the addition of a further 104.5MWp of operational or under-construction plants, puts the company in a very strong position to deliver another good year of results. As we approach the peak spring and summer seasons, we will continue to selectively invest in further plants by utilizing the remainder of the facility.”