LEI: 2138004ATNLYEQKY4B30

30 May 2025

Bluefield Solar Income Fund Limited

('Bluefield Solar' or the 'Company')

Revolving Credit Facility Reduced and Extended

Bluefield Solar (LON: BSIF), the London listed UK income fund focused primarily on acquiring and managing solar energy assets, announces it has extended the term of its Revolving Credit Facility ('RCF' or the 'Facility') from May 2025 to May 2027, reducing the commitment of the Facility from £210 million to £150 million, with the Facility also achieving Green Loan status.

The Company remains focused on reducing its short term debt, whilst managing its development pipeline, with the reduced size of the committed extended Facility reflecting this. In the current financial year (ending 30 June 2025) to date, the Company has repaid £50.5 million of the RCF, with £133.5 million currently drawn. The Facility also has an uncommitted accordion feature allowing it to be increased in size by up to a further £30 million.

The amended Facility is being provided by the Company's three existing RCF lenders, these being RBS International, Santander UK and Lloyds Bank Plc. The margin for the Facility is 1.85%, a reduction from the previous margin of 1.90%.

The combination of the decision to reduce the Facility commitment at this time, and the improved margin, means that the total savings amount to c£1m over the course of the two year extension.

The Company is also pleased to report that the amended and restated RCF has achieved Green Loan status, which introduces enhanced monitoring and reporting obligations in line with the Company's Green Financing Framework.

RBS International acted as Green Loan Co-ordinator and Sustainable Fitch has provided its Second-Party Opinion on the Company's Green Financing Framework. They consider transactions under this framework to be fully aligned with the Loan Market Association, Loan Syndications and Trading Associations, and Asia Pacific Loan Market Association's Green Loan Principles; concluding that their Second-Party Opinion is that the framework's alignment is 'Excellent'. This is the best possible rating awarded by Sustainable Fitch.

The Green Financing Framework underpins Bluefield Solar's sustainability strategy and will play a key role in supporting the funding of its substantial renewable energy development pipeline.

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About Bluefield Solar

Bluefield Solar is a London listed income fund focused primarily on acquiring and managing solar energy assets. Not less than 75% of the Company's gross assets will be invested into UK solar assets. The Company can also invest up to 25% of its gross assets into other technologies, such as wind and storage. Bluefield Solar owns and operates a UK portfolio of 882.9MW, comprising 824.6MW of solar and 58.3MW of onshore wind.

Further information can be viewed at www.bluefieldsif.com

About Bluefield Partners

Bluefield Partners LLP was established in 2009 and is an investment adviser to companies and funds investing in renewable energy infrastructure.  It has a proven record in the selection, acquisition and supervision of large-scale energy assets in the UK and Europe.  The team has been involved in over £6.3 billion renewable funds and/or transactions in both the UK and Europe, including over £1.9 billion in the UK since December 2011.

Bluefield Partners LLP has led the acquisitions of, and currently advises on, over 100 UK based solar photovoltaic assets that are agriculturally, commercially or industrially situated.  Based in its London office, it is supported by a dedicated and experienced team of investment, legal and portfolio executives.  Bluefield Partners LLP was appointed Investment Adviser to Bluefield Solar in June 2013.