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RNS Number : 8695M NextEnergy Solar Fund Limited 16 June 2025
LEI: 213800ZPHCBDDSQH5447
16 June 2025
NextEnergy Solar Fund Limited
("NESF" or the "Company")
Publication of Standalone Sustainability & ESG Report
NextEnergy Solar Fund, a leading specialist investor in solar energy and
energy storage, is pleased to announce it has published its fourth standalone
annual Sustainability & ESG Report for the year ended 31 March 2025 (the
"Report").
The Report is available to download from the Reports & Publications
section of the Company's website
here: https://www.nextenergysolarfund.com/reports-and-publications/
(https://www.nextenergysolarfund.com/reports-and-publications/) .
The Report makes all relevant disclosures in alignment with the General ("S1")
and Climate ("S2") standards of the International Sustainability Standards
Board ("ISSB"), as well as the recommendations of the Taskforce on
Nature-related Financial Disclosures ("TNFD"). NESF is an early adopter of
the TNFD and is making TNFD-aligned disclosures for the first reporting year
in which it is possible.
NESF continues to focus on three principal sustainability topics: climate,
nature, and social-related issues, with supply chain considerations
incorporated as part of these. The Report informs all relevant stakeholders
of NESF's approach to sustainability, how it executes its strategy, and how it
creates impact.
Josephine Bush, Chair of the NESF Board ESG Committee, said:
"As the global energy transition advances amid political and economic
challenges, NESF remains committed to leading in sustainability. The Company
is proud to publish its fourth Sustainability and ESG Report, its first to
align with the Standards of the International Sustainability Standards Board
and the Recommendations of the Taskforce on Nature-related Financial
Disclosures.
NESF's early and voluntary adoption of the TNFD highlights its commitment to
enhancing transparency of the connections between climate, nature, and
financial performance. This forward-looking approach supports the most
informed decision-making possible, and reflects NESF's objective of delivering
risk-adjusted returns while integrating nature-related considerations into
long-term value creation. The Report builds on the Company's publication in
November 2024 of its Approach to Nature, which sets out NESF's framework for
managing and enhancing its relationship with the natural environment.
NESF continues to lead the transition to clean energy, and through its
Investment Adviser the Company also supports the Solar Stewardship Initiative
and industry action to drive responsible sourcing across the solar supply
chain. Advancing sustainability initiatives will remain a priority for NESF
and reinforce the Company's position as a market leader."
For further information:
NextEnergy Capital 020 3746 0700
Michael Bonte-Friedheim ir@nextenergysolarfund.com
Ross Grier
Stephen Rosser
Peter Hamid (Investor Relations)
020 7653 4000
RBC Capital Markets
Matthew Coakes
Kathryn Deegan
Cavendish 020 7908 6000
Robert Peel
H/Advisors Maitland 020 7379 5151
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 31 March 2025, the Company had an audited gross asset value of
£1,061m. 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 380
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 3GW+ and has funds under management of c.$4.4bn. 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.10GW 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 audited at 31 March 2025, being the latest date in
respect of which NextEnergy Solar Fund has published financial information.
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