REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

18/12/2024 07:00

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RNS Number : 4801Q  NextEnergy Solar Fund Limited  18 December 2024

LEI: 213800ZPHCBDDSQH5447

18 December 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 Capital Europe,
Limited).

 

 Date of purchase:                                 17 December 2024
 Number of ordinary shares purchased:              175,000
 Lowest price per ordinary share (GBp):            64.60
 Highest price per ordinary share (GBp):           65.80
 Weighted average price per ordinary share (GBp):  65.05

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 9,777,059 of its Ordinary
Shares in treasury and has 581,044,126 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 581,044,126 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                          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
 Elizabeth Evans

 Kathryn Deegan

 Cavendish                                   020 7397 1909
 James King
                                             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 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
(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.  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
(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 1,500
utility-scale solar power plants with an installed capacity in excess of
2.5GW.  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 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      134,875                                   65.02
 BATE      11,035                                    65.14
 CHIX      13,431                                    65.12
 TRQX      6,208                                     65.13
 Aquis     9,451                                     65.23

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 17/12/2024        08:39:05          1820    65.80  Aquis     00277816468TRLO0
 17/12/2024        08:39:05          1768    65.80  CHIX      00277816469TRLO0
 17/12/2024        08:39:05          2070    65.80  BATE      00277816470TRLO0
 17/12/2024        08:58:34          2733    65.50  CHIX      00277819371TRLO0
 17/12/2024        08:58:34          1770    65.50  BATE      00277819372TRLO0
 17/12/2024        10:24:11          776     65.40  TRQX      00277833028TRLO0
 17/12/2024        10:24:11          89      65.40  CHIX      00277833029TRLO0
 17/12/2024        10:24:11          89      65.40  CHIX      00277833030TRLO0
 17/12/2024        10:24:11          3104    65.40  XLON      00277833031TRLO0
 17/12/2024        10:59:32          776     65.10  TRQX      00277839265TRLO0
 17/12/2024        10:59:32          445     65.10  CHIX      00277839266TRLO0
 17/12/2024        10:59:32          785     65.10  CHIX      00277839267TRLO0
 17/12/2024        10:59:32          776     65.10  TRQX      00277839268TRLO0
 17/12/2024        10:59:32          1032    65.10  BATE      00277839269TRLO0
 17/12/2024        10:59:32          776     65.10  CHIX      00277839270TRLO0
 17/12/2024        10:59:32          3104    65.10  Aquis     00277839271TRLO0
 17/12/2024        10:59:32          9312    65.10  XLON      00277839272TRLO0
 17/12/2024        10:59:32          776     65.10  Aquis     00277839273TRLO0
 17/12/2024        10:59:32          3104    65.10  XLON      00277839274TRLO0
 17/12/2024        10:59:32          8000    65.10  XLON      00277839276TRLO0
 17/12/2024        10:59:32          7000    65.10  XLON      00277839277TRLO0
 17/12/2024        10:59:32          7000    65.10  XLON      00277839279TRLO0
 17/12/2024        10:59:32          1491    65.10  XLON      00277839280TRLO0
 17/12/2024        10:59:32          1396    65.10  XLON      00277839281TRLO0
 17/12/2024        10:59:32          1350    65.10  XLON      00277839282TRLO0
 17/12/2024        10:59:38          1552    65.10  TRQX      00277839310TRLO0
 17/12/2024        10:59:38          4334    65.10  XLON      00277839311TRLO0
 17/12/2024        10:59:38          3763    65.10  XLON      00277839312TRLO0
 17/12/2024        10:59:38          303     65.10  Aquis     00277839314TRLO0
 17/12/2024        10:59:43          1552    65.10  TRQX      00277839325TRLO0
 17/12/2024        10:59:43          4334    65.10  XLON      00277839326TRLO0
 17/12/2024        10:59:43          14697   65.10  XLON      00277839327TRLO0
 17/12/2024        11:00:08          666     65.10  Aquis     00277839397TRLO0
 17/12/2024        11:18:13          2879    65.10  XLON      00277842245TRLO0
 17/12/2024        11:18:13          679     65.10  XLON      00277842246TRLO0
 17/12/2024        11:18:13          3287    65.10  XLON      00277842247TRLO0
 17/12/2024        12:02:19          2328    65.10  XLON      00277849241TRLO0
 17/12/2024        12:02:19          886     65.10  XLON      00277849242TRLO0
 17/12/2024        12:02:23          2782    65.10  Aquis     00277849257TRLO0
 17/12/2024        12:02:23          3104    65.10  XLON      00277849258TRLO0
 17/12/2024        12:02:27          128     65.00  TRQX      00277849266TRLO0
 17/12/2024        12:02:27          648     65.00  TRQX      00277849267TRLO0
 17/12/2024        12:02:27          776     65.00  BATE      00277849268TRLO0
 17/12/2024        12:02:27          776     65.00  CHIX      00277849269TRLO0
 17/12/2024        12:02:27          2782    65.00  XLON      00277849270TRLO0
 17/12/2024        12:02:33          776     65.00  XLON      00277849309TRLO0
 17/12/2024        12:28:16          2089    65.20  XLON      00277852806TRLO0
 17/12/2024        12:30:17          2511    65.10  XLON      00277853068TRLO0
 17/12/2024        12:30:17          922     65.10  XLON      00277853069TRLO0
 17/12/2024        12:31:08          2079    65.10  XLON      00277853290TRLO0
 17/12/2024        14:10:55          910     64.90  CHIX      00277871085TRLO0
 17/12/2024        14:10:55          1785    64.90  BATE      00277871086TRLO0
 17/12/2024        14:10:55          910     64.90  CHIX      00277871087TRLO0
 17/12/2024        14:10:55          3566    64.90  XLON      00277871088TRLO0
 17/12/2024        14:10:55          3584    64.90  XLON      00277871089TRLO0
 17/12/2024        14:10:55          3566    64.90  XLON      00277871090TRLO0
 17/12/2024        14:11:06          14534   64.90  XLON      00277871117TRLO0
 17/12/2024        14:20:17          2789    64.80  XLON      00277872888TRLO0
 17/12/2024        14:50:01          1798    64.80  CHIX      00277888915TRLO0
 17/12/2024        14:50:01          1827    64.80  BATE      00277888916TRLO0
 17/12/2024        14:50:01          1906    64.80  XLON      00277888917TRLO0
 17/12/2024        14:50:01          1823    64.80  XLON      00277888918TRLO0
 17/12/2024        14:50:01          1802    64.80  XLON      00277888919TRLO0
 17/12/2024        15:06:06          1775    64.70  BATE      00277899090TRLO0
 17/12/2024        15:06:06          2923    64.70  XLON      00277899091TRLO0
 17/12/2024        15:06:06          1853    64.70  XLON      00277899092TRLO0
 17/12/2024        16:01:14          1231    64.60  CHIX      00277937299TRLO0
 17/12/2024        16:01:14          1121    64.60  CHIX      00277937300TRLO0
 17/12/2024        16:01:14          3322    64.60  XLON      00277937301TRLO0

 

 

 

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