REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

19/12/2024 07:00

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RNS Number : 6583Q  NextEnergy Solar Fund Limited  19 December 2024

LEI: 213800ZPHCBDDSQH5447

19 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 Europe Limited.

 

 Date of purchase:                                 18 December 2024
 Number of ordinary shares purchased:              118,937
 Lowest price per ordinary share (GBp):            64.20
 Highest price per ordinary share (GBp):           65.00
 Weighted average price per ordinary share (GBp):  64.33

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 9,895,996 of its Ordinary
Shares in treasury and has 580,925,189 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 580,925,189 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 Europe Limited
 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      77,352                                    64.34
 BATE      17,715                                    64.33
 CHIX      22,140                                    64.33
 TRQX      0                                         -
 Aquis     1,730                                     64.20

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 18/12/2024        08:03:18          2014    64.30  CHIX      00278014016TRLO0
 18/12/2024        08:19:55          1888    65.00  XLON      00278018808TRLO0
 18/12/2024        08:47:45          122     64.60  BATE      00278022112TRLO0
 18/12/2024        08:47:45          1632    64.60  BATE      00278022113TRLO0
 18/12/2024        08:47:45          1745    64.60  CHIX      00278022114TRLO0
 18/12/2024        09:35:35          2538    64.50  XLON      00278026807TRLO0
 18/12/2024        09:35:35          132     64.50  XLON      00278026808TRLO0
 18/12/2024        09:35:35          4       64.50  XLON      00278026809TRLO0
 18/12/2024        09:35:35          118     64.50  XLON      00278026810TRLO0
 18/12/2024        09:35:35          4       64.50  XLON      00278026811TRLO0
 18/12/2024        09:53:10          1726    64.50  BATE      00278028387TRLO0
 18/12/2024        09:53:10          1744    64.50  CHIX      00278028388TRLO0
 18/12/2024        09:53:10          683     64.50  XLON      00278028389TRLO0
 18/12/2024        09:53:10          1792    64.50  XLON      00278028390TRLO0
 18/12/2024        09:53:10          1796    64.50  XLON      00278028391TRLO0
 18/12/2024        09:53:17          3519    64.50  XLON      00278028392TRLO0
 18/12/2024        09:55:42          5369    64.50  XLON      00278028565TRLO0
 18/12/2024        10:33:31          3575    64.30  XLON      00278032266TRLO0
 18/12/2024        10:55:23          867     64.20  BATE      00278034326TRLO0
 18/12/2024        10:55:23          941     64.20  BATE      00278034327TRLO0
 18/12/2024        10:55:23          1836    64.20  BATE      00278034328TRLO0
 18/12/2024        10:55:23          1538    64.20  CHIX      00278034329TRLO0
 18/12/2024        10:55:23          1730    64.20  Aquis     00278034330TRLO0
 18/12/2024        10:55:23          122     64.20  CHIX      00278034331TRLO0
 18/12/2024        10:55:23          44      64.20  CHIX      00278034332TRLO0
 18/12/2024        10:55:23          4060    64.20  XLON      00278034333TRLO0
 18/12/2024        10:55:25          5323    64.20  XLON      00278034336TRLO0
 18/12/2024        11:11:32          1816    64.30  XLON      00278036543TRLO0
 18/12/2024        11:18:09          1798    64.40  CHIX      00278037458TRLO0
 18/12/2024        11:34:18          2323    64.40  CHIX      00278039187TRLO0
 18/12/2024        11:34:18          881     64.40  BATE      00278039188TRLO0
 18/12/2024        11:34:18          881     64.40  BATE      00278039189TRLO0
 18/12/2024        11:34:18          1730    64.40  XLON      00278039190TRLO0
 18/12/2024        11:59:26          1817    64.30  XLON      00278042184TRLO0
 18/12/2024        11:59:26          1792    64.30  XLON      00278042185TRLO0
 18/12/2024        11:59:26          1760    64.30  XLON      00278042186TRLO0
 18/12/2024        11:59:33          1809    64.30  XLON      00278042213TRLO0
 18/12/2024        11:59:44          1276    64.30  XLON      00278042245TRLO0
 18/12/2024        12:55:28          1776    64.30  CHIX      00278047012TRLO0
 18/12/2024        13:28:08          13402   64.30  XLON      00278050243TRLO0
 18/12/2024        13:28:44          10617   64.30  XLON      00278050294TRLO0
 18/12/2024        13:42:21          1783    64.30  BATE      00278052136TRLO0
 18/12/2024        13:42:21          1733    64.30  BATE      00278052137TRLO0
 18/12/2024        13:42:21          484     64.30  BATE      00278052138TRLO0
 18/12/2024        13:42:21          1317    64.30  BATE      00278052139TRLO0
 18/12/2024        13:42:21          1732    64.30  BATE      00278052140TRLO0
 18/12/2024        13:42:21          951     64.30  CHIX      00278052141TRLO0
 18/12/2024        13:42:21          854     64.30  CHIX      00278052142TRLO0
 18/12/2024        13:43:43          1919    64.20  CHIX      00278052306TRLO0
 18/12/2024        14:06:31          1747    64.30  CHIX      00278055216TRLO0
 18/12/2024        14:06:31          743     64.30  XLON      00278055217TRLO0
 18/12/2024        14:06:31          1406    64.30  XLON      00278055218TRLO0
 18/12/2024        14:42:25          1044    64.20  BATE      00278064024TRLO0
 18/12/2024        14:42:25          736     64.20  BATE      00278064025TRLO0
 18/12/2024        14:42:25          1784    64.20  CHIX      00278064027TRLO0
 18/12/2024        14:42:25          1781    64.20  CHIX      00278064028TRLO0
 18/12/2024        14:42:25          3866    64.20  XLON      00278064029TRLO0
 18/12/2024        14:42:25          1776    64.20  XLON      00278064030TRLO0
 18/12/2024        15:54:53          2741    64.20  XLON      00278094384TRLO0

 

 

 

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