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RNS Number : 9823I NextEnergy Solar Fund Limited 26 November 2025
LEI: 213800ZPHCBDDSQH5447
26 November 2025
NextEnergy Solar Fund Limited
("NESF" or the "Company")
Appointment of Chair
Change to Director Roles and Responsibilities
NextEnergy Solar Fund, a leading specialist investor in solar energy and
energy storage, is pleased to announce the appointment of Tony Quinlan as a
Non-Executive Director and the Chair of the Company, with effect from 3
December 2025.
Tony brings extensive leadership and governance experience to his new role as
Chair. He has deep expertise in corporate finance, M&A and business
transformation. Tony was CFO of Drax Group plc, during the transformation of
the Group from coal to sustainable biomass, bringing a significant knowledge
of the UK electricity market and renewables and strong credentials managing
investor relations. Following a successful period as CEO of Laird plc, a
major global technology engineering business, he now serves as Senior
Independent Director on the boards of Costain Group PLC and Hill & Smith
PLC, both with substantial operations serving infrastructure markets.
In addition to his role as Chair, Tony will also be a member of the Management
Engagement Committee, the Environmental, Social and Governance Committee, and
the Remuneration and Nomination Committee, with effect from 3 December 2025.
On Tony's appointment, Paul Le Page, who has served as Interim Chair since May
2025, will resume his role as an independent Non-Executive Director of the
Company. The Board would like to take this opportunity to thank Paul for
stepping up into this interim role whilst the Board ran a formal process to
appoint a permanent Chair and are grateful for his careful stewardship over
this period.
Paul Le Page, Interim Chair of NextEnergy Solar Fund Limited, commented:
"Following a competitive independent process, the Board is pleased to welcome
Tony as the new Chair of NextEnergy Solar Fund. Tony's background in the
energy and infrastructure sectors and his strong reputation for integrity,
sound judgment and shareholder engagement further strengthens the Board's
governance and skill set."
Tony Quinlan, Chair Designate of NextEnergy Solar Fund Limited, said:
"I am delighted to be appointed as Chair of the Board of NextEnergy Solar
Fund, with effect from 3 December 2025. This is an exciting time for the
Company as it continues to play a leading role in the UK's energy transition.
I look forward to working closely with my fellow directors and the investment
adviser to build on the strong foundations already in place, ensuring we
deliver sustainable long-term returns for our shareholders and tackle the
current discount. Engaging openly and constructively with our shareholders
will be a key priority as we navigate opportunities and challenges in the
evolving renewable energy landscape."
No further disclosures are required pursuant to UK Listing Rule 6.4.8.
Ends
For further information:
NextEnergy Capital
020 3746 0700
Michael Bonte-Friedheim ir@nextenergysolarfund.com (mailto:ir@nextenergysolarfund.com)
Ross Grier
Stephen Rosser
Peter Hamid (Investor Relations)
020 7653 4000
RBC Capital Markets
Matthew Coakes
Kathryn Deegan
020 7908 6000
Cavendish
Robert Peel
020 7379 5151
H/Advisors Maitland
Neil Bennett
Finlay Donaldson
01481 742642
Ocorian Administration (Guernsey) Limited
Kevin Smith
Notes to Editors (1):
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.
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 2025, the Company had an unaudited gross asset value of
£1,050m. For further information please
visit www.nextenergysolarfund.com (http://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 which now employs over 400
professionals. Since its inception, NextEnergy Group 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 18 years of specialist solar
expertise having invested in over 530 individual solar plants across the
world. NextEnergy Capital currently manages four institutional funds with a
total capacity in excess of 4GW+ and has funds under management of $4.5bn.
More information is available at www.nextenergycapital.com
(https://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
1,600 utility-scale solar power plants with an installed capacity in excess of
3.5GW. More information is available at www.wise-energy.com
(https://www.wise-energy.com/)
· Starlight: has developed over 100 utility-scale projects
internationally and continues to progress a large pipeline of c.11.5W of both
green and brownfield project developments across global geographies. More
information is available at www.starlight-energy.com
(https://www.starlight-energy.com/)
Notes:
(1:) All financial data is unaudited at 30 June 2025, being the latest date in
respect of which NextEnergy Solar Fund has published financial information.
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