REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

20/12/2024 07:00

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RNS Number : 8397Q  NextEnergy Solar Fund Limited  20 December 2024

LEI: 213800ZPHCBDDSQH5447

20 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:                                 19 December 2024
 Number of ordinary shares purchased:              124,838
 Lowest price per ordinary share (GBp):            64.00
 Highest price per ordinary share (GBp):           64.90
 Weighted average price per ordinary share (GBp):  64.57

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 10,020,834 of its Ordinary
Shares in treasury and has 580,800,351 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 580,800,351 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      91,838                                    64.57
 BATE      9,126                                     64.65
 CHIX      23,874                                    64.52

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 19/12/2024        08:01:03          2080    64.10  CHIX      00278135213TRLO0
 19/12/2024        09:28:30          1759    64.90  CHIX      00278145890TRLO0
 19/12/2024        09:28:30          3529    64.90  XLON      00278145891TRLO0
 19/12/2024        09:28:30          1807    64.80  BATE      00278145892TRLO0
 19/12/2024        09:28:30          1775    64.80  CHIX      00278145893TRLO0
 19/12/2024        09:28:30          3540    64.80  XLON      00278145894TRLO0
 19/12/2024        09:43:16          373     64.60  CHIX      00278147345TRLO0
 19/12/2024        09:43:16          373     64.60  CHIX      00278147346TRLO0
 19/12/2024        09:43:16          122     64.60  XLON      00278147347TRLO0
 19/12/2024        09:43:16          1538    64.60  XLON      00278147348TRLO0
 19/12/2024        09:43:16          122     64.60  XLON      00278147349TRLO0
 19/12/2024        09:43:16          4       64.60  XLON      00278147350TRLO0
 19/12/2024        09:57:56          1795    64.60  BATE      00278148988TRLO0
 19/12/2024        09:57:56          1081    64.60  CHIX      00278148989TRLO0
 19/12/2024        09:57:56          1790    64.60  XLON      00278148990TRLO0
 19/12/2024        10:00:19          3942    64.40  XLON      00278149257TRLO0
 19/12/2024        10:00:55          1809    64.40  CHIX      00278149340TRLO0
 19/12/2024        10:00:55          350     64.40  CHIX      00278149341TRLO0
 19/12/2024        10:01:18          2882    64.20  XLON      00278149372TRLO0
 19/12/2024        10:52:17          1805    64.10  CHIX      00278154731TRLO0
 19/12/2024        10:52:17          1806    64.10  BATE      00278154732TRLO0
 19/12/2024        10:52:17          1816    64.10  XLON      00278154733TRLO0
 19/12/2024        11:06:08          122     64.00  BATE      00278155961TRLO0
 19/12/2024        11:34:53          1805    64.20  CHIX      00278158691TRLO0
 19/12/2024        11:34:53          3571    64.20  XLON      00278158692TRLO0
 19/12/2024        11:34:53          3574    64.20  XLON      00278158693TRLO0
 19/12/2024        11:57:50          3912    64.20  XLON      00278160956TRLO0
 19/12/2024        13:11:25          10518   64.20  XLON      00278167712TRLO0
 19/12/2024        14:53:50          3792    64.50  CHIX      00278187283TRLO0
 19/12/2024        14:53:57          3338    64.50  CHIX      00278187323TRLO0
 19/12/2024        14:53:57          5172    64.50  XLON      00278187324TRLO0
 19/12/2024        14:53:57          8838    64.50  XLON      00278187325TRLO0
 19/12/2024        14:53:57          7116    64.50  XLON      00278187326TRLO0
 19/12/2024        16:19:13          516     64.90  BATE      00278217456TRLO0
 19/12/2024        16:19:13          559     64.90  BATE      00278217457TRLO0
 19/12/2024        16:19:13          2521    64.90  BATE      00278217458TRLO0
 19/12/2024        16:19:13          2052    64.90  CHIX      00278217459TRLO0
 19/12/2024        16:19:13          651     64.90  CHIX      00278217460TRLO0
 19/12/2024        16:19:13          831     64.90  CHIX      00278217461TRLO0
 19/12/2024        16:19:13          6023    64.90  XLON      00278217462TRLO0
 19/12/2024        16:19:13          3300    64.90  XLON      00278217463TRLO0
 19/12/2024        16:19:13          3554    64.90  XLON      00278217464TRLO0
 19/12/2024        16:19:13          16935   64.90  XLON      00278217465TRLO0
 19/12/2024        16:25:52          40      64.70  XLON      00278220609TRLO0

 

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