The listing will target eight operational plants totalling 145MW capacity, "includingthe two largest solar parks in the UK".

Foresightsaid the UKsolar sector offers investors “a sustainable and increasing dividend with thepotential for capital growth over the long term”.

Theinvestments will benefit from the visibility provided by the UK support regime for solar underthe Renewables Obligation (ROC) scheme, said the investment group.

A statement said: “The ROC regime combined withrecent significant reductions in the cost of solar equipment provides a timelyopportunity to launch this company coinciding with the new capacity coming onstream.