Our bespoke strategies

Glenmuckloch Pumped Storage Hydro

Foresight has agreed to acquire the total shareholding of a co-located Pumped Storage Hydro and Wind project in Scotland. The Glenmuckloch project will have generating capacity of 210MW and storage capacity of 1,600MWh and also includes 33.6MW of wind generating capacity.

Pumped storage hydro generates energy by allowing water to flow from a higher reservoir to a lower reservoir through turbines. Water is then pumped back to the higher reservoir at times of excess energy production, lower demand and lower prices. The system effectively acts as a long-duration store of energy, since power can be released as needed.

Afforestation in action, Banc Farm, Wales

Banc Farm is Foresight’s first, and Wales’ largest, tree planting scheme this year. The scheme will see 229,000 trees planted over 150 hectares and is forecast to deliver 48,000 tonnes of sustainable timber production for each c.35-year rotation.

The site is expected to sequester 21,000 tonnes of CO2 and increase biodiversity by 60% over the next 5 years - an important contribution to the UK’s environmental targets.

Social value considerations are deeply embedded in our activities, some of the benefits include the introduction of mountain biking trails and a car park for visitors, employment for up to 30 local community members during the first year and community planting days with local schools.

85 Degrees Geothermal Energy and District Heating Project

In October 2021, Foresight Energy Infrastructure Partners invested in a joint venture in a Dutch geothermal heat pipeline. This technology extracts heat from high-temperature water in the sub-surface of the earth and distributes it to surrounding houses and industry.

The investment includes the acquisition of operational wells and constructing new wells. There is also a significant pipeline of development projects, with a potential build-out capacity of c.200MW.

Sustainable Investing in Infrastructure

Sustainable investing in infrastructure extends beyond the simple consideration of ESG factors. Our infrastructure strategies are shaped around the long-term trends defining society and our relationship with the planet; we identify opportunities that contribute to key sustainability objectives, such as climate change mitigation, decarbonisation, carbon sequestration and biodiversity enhancement.

Our updated Sustainable Investing in Infrastructure paper sets out our criteria for sustainable infrastructure and how sustainability is integrated throughout our investment, active asset management and reporting process.

Glenmuckloch Pumped Storage Hydro

Foresight has agreed to acquire the total shareholding of a co-located Pumped Storage Hydro and Wind project in Scotland. The Glenmuckloch project will have generating capacity of 210MW and storage capacity of 1,600MWh and also includes 33.6MW of wind generating capacity.

Pumped storage hydro generates energy by allowing water to flow from a higher reservoir to a lower reservoir through turbines. Water is then pumped back to the higher reservoir at times of excess energy production, lower demand and lower prices. The system effectively acts as a long-duration store of energy, since power can be released as needed.