Published: 2 Mar 2021, 11:12 By: Image: Bluefield. Bluefield Solar Income Fund has posted strong results for the six months ending 31 December 2020, with net asset value (NAV) growing to £476.7 million. This marked a £43.2 million jump from the first half of last year, with new project acquisitions, an oversubscribed share placing and the beginning of a broader focus on renewable expansion key highlights of the period. With NAV up, NAV per share grew to 117.12p from 117.01p and the company’s dividend target for FY21 grew to 8.00p per share. Compared with the six months to 31 December 2019, underlying earnings were down slightly to £18.7 million from £20.7 million. This was driven by lower generation – which was down by 6% – and lower power purchase agreement pricing – which was down by 8%.