NextEnergy Solar Fund Limited Notice of Results (2810A)

TIDMNESF

RNS Number : 2810A

NextEnergy Solar Fund Limited

01 June 2021

LEI: 213800ZPHCBDDSQH5447

1 June 2021

NextEnergy Solar Fund Limited

("NESF" or the "Company")

Notice of Results

NextEnergy Solar Fund, the specialist solar power renewable energy investment company intends to announce its full year results for the year ended 31 March 2021 on Thursday 17(th) June 2021.

The Company will host a webcast presentation on the day of the results, hosted by:

   --    Kevin Lyon (Chairman - NESF) 
   --    Michael Bonte-Friedheim (CEO - NextEnergy Capital, Investment Advisor) 
   --    Ross Grier (Managing Director - NextEnergy Capital, Investment Advisor) 

Please find details and registration link below:

   --    Time: 9:00am 
   --    Date: Thursday 17(th) June 2021 
   --    Registration and Webcast link: http://bit.ly/NESF_FY_webinar 

The presentation will be followed by a Q&A session for analysts. Investor questions can be submitted prior to the presentation via email to [e-mail] or live during the event using the webcast Q&A function. We will endeavour to answer submitted questions during the Q&A section, if this is not possible due to time constraints, we will follow up shortly after the presentation.

A recording of the presentation will also be made available on the NESF website shortly after the event.

For further information:

 
 NextEnergy Capital Group                       020 3746 0700 
 Michael Bonte-Friedheim                        [e-mail] 
 Aldo Beolchini 
  Ross Grier 
  Peter Hamid (Investor Relations) 
 
 Cenkos Securities                              020 7397 8900 
 James King 
  William Talkington 
 
 Shore Capital                                  020 7408 4090 
 Anita Ghanekar 
  Sarah Mather 
 
 
 Camarco                                        020 3781 8334 
 Owen Roberts 
  Eddie Livingstone-Learmonth 
 
 Apex Fund and Corporate Services (Guernsey) 
  Limited                                       01481 735 827 
 Nick Robilliard 
 

Notes to Editors(1) :

About NextEnergy Solar Fund

NESF is a renewable energy infrastructure investment company that currently invests in operating solar power plants in the UK and Italy. The Company may invest up to 30% of its gross asset value in non-UK OECD countries, 15% in private equity structures, and 10% in standalone energy storage.

NESF currently has a diversified portfolio comprising 94 operating solar assets, primarily on agricultural, industrial, and commercial sites, with a combined installed power capacity of c.814MWp.

As at 31 March 2021, the Company had gross assets of GBP1,025 million, of which 88% was invested in the UK, and net assets of GBP581 million. The majority of long-term cash flows from its investments are inflation-linked.

NESF's investment objective is to provide ordinary shareholders with attractive risk-adjusted returns, principally in the form of regular dividends, by investing in a diversified portfolio of primarily UK-based solar energy infrastructure assets.

For further information on NESF please visit nextenergysolarfund.com

Commitment to ESG

NESF is committed to ESG principles and responsible investment which make a meaningful contribution to reducing CO2 emissions through the generation of clean solar power. NESF will only select investments that meet the requirements of NEC Group's Sustainable Investment Policy. Based on this policy, NESF benefits from NEC's rigorous ESG due diligence on each investment. NESF is committed to reporting on its ESG performance in accordance with the UN Sustainable Development Goals framework and the EU Sustainable Finance Disclosure Regulation.

NESF has been awarded the London Stock Exchange's Green Economy Mark and has been designated a Guernsey Green Fund by the Guernsey Financial Services Commission.

NESF's sustainability-related disclosures in the financial services sector in accordance with Regulation (EU) 2019/2088 can be accessed on the ESG section of both the NESF website ( nextenergysolarfund.com/esg/ ) & NEC Group website ( nextenergycapital.com/sustainability/transparency-and-reporting/ ).

About NextEnergy Capital Group ("NEC Group")

NESF is managed by the NextEnergy Capital Group, a specialist solar investment manager, which has a strong track record in sourcing, acquiring, and managing operating solar assets. NEC Group is a leading player in the global solar investment sector and has over 190 team members with offices in UK, Italy, India, and the USA and assets under management of over $2.5bn across three institutional funds.

NextEnergy Capital Group donates 5% of its net annual profits to NextEnergy Foundation. NextEnergy Foundation is an international charity that was founded in 2016. Its mission is to participate proactively in the global effort to reduce carbon emissions, provide clean power sources in regions where they are not yet available, and contribute to poverty alleviation.

For further information on NEC Group please visit nextenergycapital.com

For further information on NextEnergy Foundation visit nextenergyfoundation.org

About WiseEnergy

WiseEnergy is NEC Group's specialist operating asset management division. NESF is differentiated by its access to WiseEnergy, which has provided operating asset management, monitoring, technical due diligence, and other services to over 1,500 utility-scale solar power plants with an installed capacity in excess of 2.3GW.

For further information on Wise Energy please visit wise-energy.com

([1]) Note: All financial data is as at 31 March 2021, being the latest date in respect of which NESF has published financial information

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June 01, 2021 02:00 ET (06:00 GMT)