NextEnergy Solar Fund Limited Transaction in Own Shares

RNS Number : 1089G

NextEnergy Solar Fund Limited

30 September 2024

 

LEI: 213800ZPHCBDDSQH5447

30 September 2024

NextEnergy Solar Fund Limited

("NESF" or the "Company")

 

Transaction in own shares

 

NextEnergy Solar Fund, a leading specialist investor in solar energy and energy storage, announces that it has purchased the following number of Ordinary Shares on the London Stock Exchange through RBC Europe Limited.

 

Date of purchase:	27 September 2024
Number of ordinary shares purchased:	116,439
Lowest price per ordinary share (GBp):	78.90
Highest price per ordinary share (GBp):	79.00
Weighted average price per ordinary share (GBp):	79.00

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 5,556,695 of its Ordinary Shares in treasury and has 585,264,490 Ordinary Shares in issue (excluding treasury shares).

 

The total number of voting rights in the Company is 585,264,490 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their major interest or a change to their major interest in the Company under the FCA's Disclosure Guidance and Transparency Rules. 

 

For further information:   NextEnergy Capital Michael Bonte-Friedheim	020 3746 0700 [e-mail]
Ross Grier
Stephen Rosser
Peter Hamid (Investor Relations)
RBC Europe Limited	020 7653 4000
Matthew Coakes
Elizabeth Evans Kathryn Deegan
Cavendish	020 7397 1909
James King
William Talkington
H/Advisors Maitland	020 7379 5151
Neil Bennett
Finlay Donaldson
Ocorian Administration (Guernsey) Limited	01481 742642
Kevin Smith

 

 

Notes to Editors¹:

About NextEnergy Solar Fund

NextEnergy Solar Fund is a specialist solar energy and energy storage investment company that is listed on the Main Market of the London Stock Exchange and is a FTSE 250 constituent.

 

NextEnergy Solar Fund'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 utility-scale solar energy and energy storage infrastructure assets.  The majority of NESF's long-term cash flows are inflation-linked via UK government subsidies.

 

As at 30 June 2024, the Company had an unaudited gross asset value of £1,124m.  For further information please visit www.nextenergysolarfund.com

Article 9 Fund

NextEnergy Solar Fund is classified under Article 9 of the EU Sustainable Finance Disclosure Regulation and EU Taxonomy Regulation.  NextEnergy Solar Fund's sustainability-related disclosures in the financial services sector are in accordance with Regulation (EU) 2019/2088 and can be accessed on the ESG section of both the NextEnergy Solar Fund and NextEnergy Capital websites.

 

About NextEnergy Group

NextEnergy Solar Fund is managed by NextEnergy Capital, part of the NextEnergy Group.  NextEnergy Group was founded in 2007 to become a leading market participant in the international solar sector.  Since its inception, it has been active in the development, construction, and ownership of solar assets across multiple jurisdictions.  NextEnergy Group operates via its three business units: NextEnergy Capital (Investment Management), WiseEnergy (Operating Asset Management), and Starlight (Asset Development).

 

·      NextEnergy Capital: has over 17 years of specialist solar expertise having invested in over 460 individual solar plants across the world.  NextEnergy Capital currently manages four institutional funds with a total capacity in excess of 3GW+ and has assets under management of $4.3bn.  More information is available at www.nextenergycapital.com   

·      WiseEnergy®:  is a leading specialist operating asset manager in the solar sector.  Since its founding, WiseEnergy has provided solar asset management, monitoring and technical due diligence services to over 1,500 utility-scale solar power plants with an installed capacity in excess of 2.5GW.  More information is available at www.wise-energy.com

·      Starlight: has developed over 100 utility-scale projects internationally and continues to progress a large pipeline of c.10GW of both green and brownfield project developments across global geographies.  More information is available at www.starlight-energy.com

 

Notes:

^1: All financial data is unaudited at 30 June 2024, being the latest date in respect of which NextEnergy Solar Fund has published financial information

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a breakdown of the individual trades made as part of the Programme is detailed below:

Aggregate information:

 

Platform	Daily total volume (in number of shares)	Daily weighted average price of shares acquired (GBp)
XLON	97,936	79.00
BATE	1,818	79.00
CHIX	5,161	79.00
TRQX	2,728	79.00
Aquis	8,796	79.00

 

Individual Transactions:

 

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
27/09/2024	10:03:23	4242	79.00	XLON	00268941964TRLO0
27/09/2024	11:52:56	606	79.00	TRQX	00268959444TRLO0
27/09/2024	11:52:56	1818	79.00	Aquis	00268959445TRLO0
27/09/2024	11:52:56	3948	79.00	XLON	00268959446TRLO0
27/09/2024	11:52:56	910	79.00	TRQX	00268959447TRLO0
27/09/2024	11:52:56	2424	79.00	Aquis	00268959448TRLO0
27/09/2024	11:52:56	606	79.00	CHIX	00268959449TRLO0
27/09/2024	11:52:56	6060	79.00	XLON	00268959450TRLO0
27/09/2024	11:52:59	606	79.00	CHIX	00268959454TRLO0
27/09/2024	11:52:59	6364	79.00	XLON	00268959455TRLO0
27/09/2024	11:52:59	606	79.00	BATE	00268959456TRLO0
27/09/2024	11:52:59	3636	79.00	XLON	00268959457TRLO0
27/09/2024	11:53:05	3636	79.00	XLON	00268959486TRLO0
27/09/2024	11:53:10	606	79.00	TRQX	00268959487TRLO0
27/09/2024	11:53:10	6364	79.00	XLON	00268959488TRLO0
27/09/2024	11:53:10	606	79.00	CHIX	00268959489TRLO0
27/09/2024	11:53:10	606	79.00	BATE	00268959490TRLO0
27/09/2024	11:53:10	3636	79.00	XLON	00268959491TRLO0
27/09/2024	12:15:14	918	79.00	XLON	00268964122TRLO0
27/09/2024	12:15:14	3636	79.00	XLON	00268964123TRLO0
27/09/2024	12:15:18	606	79.00	TRQX	00268964138TRLO0
27/09/2024	12:15:18	918	79.00	Aquis	00268964139TRLO0
27/09/2024	12:15:18	3636	79.00	Aquis	00268964140TRLO0
27/09/2024	12:15:18	6364	79.00	XLON	00268964141TRLO0
27/09/2024	12:15:18	606	79.00	CHIX	00268964142TRLO0
27/09/2024	12:15:18	606	79.00	BATE	00268964143TRLO0
27/09/2024	12:15:18	3636	79.00	XLON	00268964144TRLO0
27/09/2024	12:15:22	3948	79.00	XLON	00268964160TRLO0
27/09/2024	12:15:22	6364	79.00	XLON	00268964161TRLO0
27/09/2024	12:17:55	2424	79.00	XLON	00268964684TRLO0
27/09/2024	12:17:55	3636	79.00	XLON	00268964685TRLO0
27/09/2024	12:18:00	3636	79.00	XLON	00268964699TRLO0
27/09/2024	12:18:08	2736	79.00	XLON	00268964707TRLO0
27/09/2024	12:18:14	3636	79.00	XLON	00268964745TRLO0
27/09/2024	12:18:25	2736	79.00	XLON	00268964768TRLO0
27/09/2024	12:18:34	778	79.00	CHIX	00268964802TRLO0
27/09/2024	12:18:34	1450	79.00	CHIX	00268964803TRLO0
27/09/2024	12:18:34	508	79.00	CHIX	00268964804TRLO0
27/09/2024	12:18:34	3636	79.00	XLON	00268964805TRLO0
27/09/2024	14:23:34	3948	79.00	XLON	00268989808TRLO0
27/09/2024	14:23:37	1289	79.00	XLON	00268989830TRLO0
27/09/2024	14:48:06	1135	79.00	XLON	00269002395TRLO0
27/09/2024	15:10:52	95	79.00	XLON	00269014509TRLO0
27/09/2024	15:18:52	95	79.00	XLON	00269018717TRLO0
27/09/2024	15:28:23	3446	79.00	XLON	00269022516TRLO0
27/09/2024	15:35:37	95	79.00	XLON	00269025609TRLO0
27/09/2024	15:52:06	2641	79.00	XLON	00269033364TRLO0
27/09/2024	16:29:46	1	78.90	CHIX	00269050754TRLO0

 

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