Foresight Group launches £20m infrastructure EIS

Private equity manager Foresight Group has launched an infrastructure enterprise investment scheme (EIS), in a bid to offer investors access to energy infrastructure opportunities.

The £20m Foresight Energy Infrastructure EIS fund offers investors the chance to invest in projects that support the evolution of energy infrastructure in the UK. The EIS structure will give investors the added benefit of substantial tax reliefs. These include a 30% income tax relief and exemption from capital gains tax. Woodford hits out at Osborne's renewable energy U-turn Investments targeted by the fund include reserve power and smart data equipment, which both improve energy efficiencies. The former helps smooth the intermittent generation profile of a grid which sources...