Nextenergy Solar Share Discussion Threads

[belgraviaboy] 10/4/2019 11:35

Well at this premium I have sold out - best of luck all

[typo56] 08/4/2019 19:09

NESF looks like a possible FTSE250 promotion candidate, to replace DCG next week.

[a0002577] 16/10/2018 15:12

interestingly quiet here on this board. Everyone must be happy then?

Today they launched a new approach to financing their debt by issuing preference shares with a coupon of 4.75% - rather less than the dividend and rather more than they are able to borrow money at - BUT they hope that over the medium term it will be cheaper than debt and of course will be cheaper than equity as the dividends gradually rise by RPI.

see

Seems to me to be a clever move - they are all to go to one investor so don't suppose they will be listed.

Will this set a precedent for others to follow?

[broshm] 24/11/2017 14:29

what caused the drop in share price of UKW , end Sept and this end Oct ?
Any ideas .

[rambutan2] 05/3/2017 17:17

And nav update as at third quarter/31 Dec:

[rambutan2] 05/3/2017 17:09

From 31 Jan:

The Facility provides long-term debt financing, with a maturity in 2035 that matches the regulated life of the portfolio, and comprises a mix of fixed rate and inflation-linked debt products with a blended cost of 3.32%. This debt structure maximises the portfolio's cash flow generation whilst eliminating refinancing and interest rate risks.

[masurenguy] 14/2/2017 08:24

NESF annual dividend is 6.3p, which represents a yield of 5.75% on todays offer price of 109.5p. This other two quoted solar funds are BSIF (7.5p on 108.5p = 6.9%) and FSFL (6.16p on 107.25p = 5.74%).

[masurenguy] 14/2/2017 01:03

"Nextenergy Solar Fund came to the market in April 2014 and, as the name suggests, invests in solar power plants, recycling the income from these in the form of dividends. The fund has raised £465m since the float, most recently another £115m in November. The long-term trend in energy prices, upwards, is in its favour. The fund pays a quarterly dividend and has just confirmed that the total for the year to March 31 will hit its target of 6.31p. On that basis the yield is an assured and attractive 5.8%."

[rambutan2] 23/8/2016 02:52

Latest quarterly fact sheet link, and confirmation of div.



NextEnergy Solar Fund Limited is pleased to announce an interim dividend of 1.5775 pence per Ordinary Share for the quarter ending 30 June 2016. The interim dividend of 1.5775 pence will be paid on 30 September 2016 to shareholders on the register as at the close of business on 26 August 2016.

And to compare and contrast, below are the quarterly fact sheets of its rival solar funds.

[rambutan2] 23/8/2016 02:47

NextEnergy Solar Fund is a renewable energy investment company listed on the premium segment of the London Stock Exchange and is a constituent of the FTSE 250. A solar+ fund invests primarily in utility scale solar assets, alongside complementary ancillary technologies, like energy storage.



UK energy storage partner:


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