Foresight Environmental Infrastructure (LSE:FGEN) has trimmed its revolving credit facility from £200 million to £150 million, generating annual savings of £367,500.
With £100.5 million currently drawn, the revised facility still comfortably covers portfolio commitments, including those linked to ongoing construction investments.
The company said the move reflects prudent financial management and noted its strong balance sheet, underpinned by a sector-leading gearing ratio of 28.8% at the end of 2024.