REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

08/01/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250108:nRSH4751Sa&default-theme=true

RNS Number : 4751S  NextEnergy Solar Fund Limited  08 January 2025

LEI: 213800ZPHCBDDSQH5447

08 January 2025

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:                                 07 January 2025
 Number of ordinary shares purchased:              95,310
 Lowest price per ordinary share (GBp):            65.20
 Highest price per ordinary share (GBp):           66.00
 Weighted average price per ordinary share (GBp):  65.63

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 10,266,225 its Ordinary
Shares in treasury and has 580,554,960 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 580,554,960 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      73,116                                    65.63
 BATE      5,738                                     65.50
 CHIX      13,148                                    65.58
 TRQX      827                                       66.00
 Aquis     2,481                                     66.00

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 07/01/2025        08:25:20          2045    66.00  CHIX      00279108859TRLO0
 07/01/2025        08:25:20          827     66.00  TRQX      00279108860TRLO0
 07/01/2025        08:25:20          1654    66.00  CHIX      00279108861TRLO0
 07/01/2025        08:25:20          2519    66.00  XLON      00279108862TRLO0
 07/01/2025        08:25:21          5000    66.00  XLON      00279108863TRLO0
 07/01/2025        08:25:21          2481    66.00  Aquis     00279108864TRLO0
 07/01/2025        08:25:21          2519    66.00  XLON      00279108865TRLO0
 07/01/2025        08:25:21          5000    66.00  XLON      00279108866TRLO0
 07/01/2025        08:25:21          5000    66.00  XLON      00279108867TRLO0
 07/01/2025        09:21:22          1904    65.80  XLON      00279113635TRLO0
 07/01/2025        09:24:21          1240    65.70  XLON      00279113799TRLO0
 07/01/2025        09:24:21          727     65.70  XLON      00279113800TRLO0
 07/01/2025        09:24:21          1919    65.70  XLON      00279113801TRLO0
 07/01/2025        09:24:21          335     65.70  XLON      00279113802TRLO0
 07/01/2025        09:24:21          2981    65.70  XLON      00279113803TRLO0
 07/01/2025        09:48:50          615     65.60  XLON      00279115345TRLO0
 07/01/2025        10:00:02          1270    65.60  XLON      00279115965TRLO0
 07/01/2025        13:41:44          1829    65.70  CHIX      00279143255TRLO0
 07/01/2025        13:41:44          1864    65.70  BATE      00279143256TRLO0
 07/01/2025        13:41:44          20      65.70  BATE      00279143257TRLO0
 07/01/2025        13:41:44          20      65.70  BATE      00279143258TRLO0
 07/01/2025        13:41:44          15      65.70  CHIX      00279143259TRLO0
 07/01/2025        13:41:44          15      65.70  CHIX      00279143260TRLO0
 07/01/2025        13:41:44          1940    65.70  XLON      00279143261TRLO0
 07/01/2025        13:41:44          3804    65.70  XLON      00279143262TRLO0
 07/01/2025        13:41:44          3897    65.70  XLON      00279143263TRLO0
 07/01/2025        13:41:46          29      65.70  BATE      00279143269TRLO0
 07/01/2025        13:41:46          38      65.70  CHIX      00279143270TRLO0
 07/01/2025        13:46:56          1103    65.40  XLON      00279143976TRLO0
 07/01/2025        13:50:19          1232    65.40  XLON      00279144280TRLO0
 07/01/2025        13:54:28          1104    65.40  CHIX      00279144778TRLO0
 07/01/2025        13:54:28          91      65.40  CHIX      00279144779TRLO0
 07/01/2025        14:01:55          1096    65.40  XLON      00279145803TRLO0
 07/01/2025        14:02:31          715     65.40  CHIX      00279145873TRLO0
 07/01/2025        14:02:31          633     65.40  XLON      00279145874TRLO0
 07/01/2025        14:09:21          1091    65.40  CHIX      00279147019TRLO0
 07/01/2025        14:16:41          1079    65.40  XLON      00279148316TRLO0
 07/01/2025        14:16:41          2119    65.40  XLON      00279148317TRLO0
 07/01/2025        14:24:50          1138    65.40  BATE      00279149440TRLO0
 07/01/2025        14:32:28          1124    65.40  XLON      00279151909TRLO0
 07/01/2025        14:39:53          1103    65.40  XLON      00279153959TRLO0
 07/01/2025        14:47:11          807     65.40  CHIX      00279156157TRLO0
 07/01/2025        14:47:11          368     65.40  BATE      00279156158TRLO0
 07/01/2025        14:47:11          368     65.40  BATE      00279156159TRLO0
 07/01/2025        14:47:11          1085    65.40  XLON      00279156160TRLO0
 07/01/2025        14:47:11          8805    65.40  XLON      00279156161TRLO0
 07/01/2025        14:47:11          1906    65.40  XLON      00279156162TRLO0
 07/01/2025        14:47:11          1912    65.40  XLON      00279156163TRLO0
 07/01/2025        15:12:30          1882    65.40  CHIX      00279164835TRLO0
 07/01/2025        15:12:30          1931    65.40  BATE      00279164836TRLO0
 07/01/2025        15:12:35          2811    65.30  XLON      00279164842TRLO0
 07/01/2025        15:27:20          1073    65.20  CHIX      00279170068TRLO0
 07/01/2025        15:34:32          789     65.20  CHIX      00279172243TRLO0
 07/01/2025        16:08:47          1892    65.30  XLON      00279182376TRLO0
 07/01/2025        16:14:29          675     65.30  XLON      00279184017TRLO0
 07/01/2025        16:14:39          1997    65.30  XLON      00279184157TRLO0
 07/01/2025        16:15:41          1874    65.20  XLON      00279184483TRLO0

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  POSDDLFBEFLLBBK