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US Solar Fund ( (GB:USF) ) just unveiled an announcement.
US Solar Fund plc has successfully completed a non-recourse portfolio-level debt financing totaling approximately USD$166 million. This refinancing, which includes a USD$127 million mini-perm term loan, a USD$10.5 million revolving loan, and a USD$28 million letter of credit facility, is expected to enhance the company’s balance sheet and improve near-term operational cash dividend coverage. As a result, the company has increased its target dividend from $0.0225/share to $0.035/share, effective Q3 2025. The refinancing positions the company strongly for future opportunities and reflects strong support from US lenders, optimizing the capital structure and providing flexibility for potential portfolio sales.
Spark’s Take on GB:USF Stock
According to Spark, TipRanks’ AI Analyst, GB:USF is a Neutral.
US Solar Fund’s stock score is primarily affected by weak financial performance and negative technical indicators, which highlight significant challenges in profitability and stock momentum. The high dividend yield provides some valuation appeal but is insufficient to counterbalance the fundamental weaknesses. The dividend declaration shows commitment to shareholder returns but does not substantially alter the overall outlook.
To see Spark’s full report on GB:USF stock, click here.
More about US Solar Fund
US Solar Fund plc, established in 2019, is listed on the premium segment of the London Stock Exchange. The company focuses on providing investors with attractive and sustainable dividends and capital growth by owning and operating solar power assets in North America and other OECD countries in the Americas. Its portfolio includes 41 operational solar projects with a total capacity of 443MWDC, all located in the United States.
YTD Price Performance: -21.43%
Average Trading Volume: 695,454
Technical Sentiment Signal: Buy
For a thorough assessment of USF stock, go to TipRanks’ Stock Analysis page.