NextEnergy Solar Fund Limited Transaction in Own Shares

RNS Number : 2517W

NextEnergy Solar Fund Limited

07 February 2025

 

LEI: 213800ZPHCBDDSQH5447

07 February 2025

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:	06 February 2025
Number of ordinary shares purchased:	72,457
Lowest price per ordinary share (GBp):	67.40
Highest price per ordinary share (GBp):	68.20
Weighted average price per ordinary share (GBp):	68.02

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 11,994,858 its Ordinary Shares in treasury and has 578,826,327 Ordinary Shares in issue (excluding treasury shares).

 

The total number of voting rights in the Company is 578,826,327 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
Kathryn Deegan
Cavendish	020 7397 1909
Robert Peel
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 London Stock Exchange.

 

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 September 2024, the Company had an unaudited gross asset value of £1,104m.  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 September 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	30,246	68.10
	BATE	5,350	67.87
	CHIX	36,861	67.97
Transaction Date		Transaction Time	Volume	Price	Platform	Transaction Ref
06/02/2025		13:12:49	183	68.00	CHIX	00282109811TRLO0
06/02/2025		13:17:48	461	68.10	CHIX	00282110482TRLO0
06/02/2025		14:31:16	1511	68.10	XLON	00282125265TRLO0
06/02/2025		14:58:39	5640	68.20	CHIX	00282135215TRLO0
06/02/2025		14:58:39	2352	68.10	BATE	00282135217TRLO0
06/02/2025		14:58:39	219	68.10	BATE	00282135218TRLO0
06/02/2025		14:58:39	219	68.10	BATE	00282135219TRLO0
06/02/2025		14:58:39	803	68.10	BATE	00282135220TRLO0
06/02/2025		14:58:39	3644	68.10	XLON	00282135221TRLO0
06/02/2025		14:58:39	635	68.10	XLON	00282135222TRLO0
06/02/2025		14:58:39	5472	68.10	CHIX	00282135227TRLO0
06/02/2025		14:58:39	1019	68.10	CHIX	00282135228TRLO0
06/02/2025		14:58:39	1905	68.10	CHIX	00282135229TRLO0
06/02/2025		14:58:39	14449	68.10	XLON	00282135230TRLO0
06/02/2025		14:58:39	1745	68.10	XLON	00282135223TRLO0
06/02/2025		14:58:39	1745	68.10	XLON	00282135224TRLO0
06/02/2025		14:58:39	1208	68.10	XLON	00282135225TRLO0
06/02/2025		14:58:39	5309	68.10	XLON	00282135226TRLO0
06/02/2025		15:00:58	1439	68.00	CHIX	00282136332TRLO0
06/02/2025		15:00:58	483	68.00	CHIX	00282136333TRLO0
06/02/2025		15:01:02	2010	68.00	CHIX	00282136365TRLO0
06/02/2025		15:07:56	1732	68.00	CHIX	00282139525TRLO0
06/02/2025		15:08:01	409	68.00	CHIX	00282139572TRLO0
06/02/2025		15:17:03	1522	68.00	CHIX	00282143132TRLO0
06/02/2025		15:17:25	1224	68.00	CHIX	00282143368TRLO0
06/02/2025		15:27:23	776	68.00	CHIX	00282147459TRLO0
06/02/2025		15:27:23	1780	68.00	CHIX	00282147460TRLO0
06/02/2025		15:30:46	2084	68.00	CHIX	00282148756TRLO0
06/02/2025		15:32:38	1356	67.90	CHIX	00282149468TRLO0
06/02/2025		15:32:38	1383	67.90	CHIX	00282149469TRLO0
06/02/2025		15:33:05	1024	67.70	CHIX	00282149671TRLO0
06/02/2025		15:33:05	1024	67.70	CHIX	00282149672TRLO0
06/02/2025		15:41:30	442	67.40	CHIX	00282153632TRLO0
06/02/2025		15:52:23	1332	67.40	CHIX	00282157640TRLO0
06/02/2025		15:52:23	1720	67.40	CHIX	00282157641TRLO0
06/02/2025		16:04:40	441	67.40	CHIX	00282162765TRLO0
06/02/2025		16:10:33	1757	67.40	BATE	00282165288TRLO0

 

 

 

 

 

 

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