REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

23/12/2024 07:00

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RNS Number : 0144R  NextEnergy Solar Fund Limited  23 December 2024

LEI: 213800ZPHCBDDSQH5447

23 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:                                 20 December 2024
 Number of ordinary shares purchased:              68,569
 Lowest price per ordinary share (GBp):            63.90
 Highest price per ordinary share (GBp):           65.20
 Weighted average price per ordinary share (GBp):  64.36

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 10,089,403 its Ordinary
Shares in treasury and has 580,731,782 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 580,731,782 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      41,437                                    64.39
 BATE      6,264                                     64.49
 CHIX      3,386                                     64.38
 TRQX      11,373                                    64.29
 Aquis     6,109                                     64.14

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 20/12/2024        08:10:00          1770    65.20  XLON      00278249514TRLO0
 20/12/2024        10:16:02          1773    65.10  BATE      00278267778TRLO0
 20/12/2024        11:24:07          877     64.80  BATE      00278279147TRLO0
 20/12/2024        11:24:07          848     64.80  CHIX      00278279148TRLO0
 20/12/2024        11:24:07          848     64.80  CHIX      00278279149TRLO0
 20/12/2024        11:24:07          877     64.80  BATE      00278279150TRLO0
 20/12/2024        11:24:07          1718    64.80  XLON      00278279151TRLO0
 20/12/2024        11:24:07          1711    64.80  XLON      00278279152TRLO0
 20/12/2024        11:24:07          1807    64.80  XLON      00278279153TRLO0
 20/12/2024        12:52:51          752     64.60  TRQX      00278291059TRLO0
 20/12/2024        12:52:51          3853    64.60  XLON      00278291060TRLO0
 20/12/2024        13:00:02          752     64.60  TRQX      00278292264TRLO0
 20/12/2024        13:00:02          752     64.60  XLON      00278292265TRLO0
 20/12/2024        13:04:20          1504    64.30  TRQX      00278292779TRLO0
 20/12/2024        13:04:20          4605    64.30  XLON      00278292780TRLO0
 20/12/2024        13:14:53          1       64.30  XLON      00278294266TRLO0
 20/12/2024        14:17:28          1504    64.40  TRQX      00278309289TRLO0
 20/12/2024        14:17:28          4605    64.40  XLON      00278309290TRLO0
 20/12/2024        14:29:17          1504    64.30  TRQX      00278312625TRLO0
 20/12/2024        14:29:17          4605    64.30  XLON      00278312626TRLO0
 20/12/2024        14:36:06          1504    64.20  Aquis     00278316979TRLO0
 20/12/2024        14:36:06          752     64.20  TRQX      00278316980TRLO0
 20/12/2024        14:40:38          1504    64.20  Aquis     00278319213TRLO0
 20/12/2024        14:40:38          845     64.20  TRQX      00278319214TRLO0
 20/12/2024        14:56:37          752     64.20  TRQX      00278328368TRLO0
 20/12/2024        15:03:22          752     64.20  TRQX      00278333027TRLO0
 20/12/2024        15:06:52          845     64.00  CHIX      00278335002TRLO0
 20/12/2024        15:06:52          752     64.00  Aquis     00278335003TRLO0
 20/12/2024        15:06:52          752     64.00  TRQX      00278335004TRLO0
 20/12/2024        15:06:52          1058    64.00  XLON      00278335005TRLO0
 20/12/2024        15:06:52          2702    64.00  XLON      00278335006TRLO0
 20/12/2024        15:11:30          845     63.90  CHIX      00278337807TRLO0
 20/12/2024        15:11:30          1504    63.90  BATE      00278337808TRLO0
 20/12/2024        15:11:30          2527    63.90  XLON      00278337809TRLO0
 20/12/2024        15:15:32          1233    63.90  BATE      00278340038TRLO0
 20/12/2024        15:39:47          616     64.20  TRQX      00278352530TRLO0
 20/12/2024        15:39:47          888     64.20  TRQX      00278352531TRLO0
 20/12/2024        15:39:47          4605    64.20  XLON      00278352532TRLO0
 20/12/2024        15:47:36          2349    64.10  Aquis     00278356800TRLO0
 20/12/2024        15:47:36          1358    64.10  XLON      00278356801TRLO0
 20/12/2024        16:25:11          19      64.40  XLON      00278378210TRLO0
 20/12/2024        16:30:00          3741    64.40  XLON      00278385047TRLO0

 

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