Bluefield Solar Income Fund Ltd (LSE:BSIF) said the announcement this week from the government about indexation of subsidies will result in around a 2% or 2p per share reduction in its net asset value.
On Wednesday, 28 January 2026, the Department for Energy Security and Net Zero published its response to the consultation and confirmed the intention to proceed with a switch from RPI to CPI-based indexation for both Renewable Obligation Certificates (ROCs) and Feed-in Tariffs (FiTs).
The switch will be made in the next annual adjustment scheduled in April 2026, rather than in 2030 as originally planned.
This was anticipated by the investment trust in November, shortly after DESNZ first announced it was launching the indexation consultation.
BSIF, which has since launched a full strategic review and formal sale process, said it will provide a further update in its forthcoming interim results, which are set to be released in early March.
Last week, the fund revealed that grid connection offers had been secured for more than 90% of its 1.34GW development pipeline under the National Energy System Operator’s (NESO) reformed connection process.