Foresight Solar Fund Limited (LSE:FSFL) (FSFL) announced its plan to issue shares to fund the acquisition of a 72-MW portfolio consisting of 10 ground-based solar systems in the UK. FSFL has secured exclusivity over the portfolio, which it intends to acquire for about £30.1 million from funds managed by Foresight Group LLP. FSFL is seeking shareholder approval to issue up to roughly 54 million ordinary shares on a non-preemptive basis. It has already used up the authority granted by its shareholders to issue up to 10% of its issued share capital on a non-preemptive basis. If the acquisition is completed, FSFL's solar portfolio will be comprised of 53 assets, representing 860 MW of installed capacity.