REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

15/01/2025 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:20250115:nRSO3230Ta&default-theme=true

RNS Number : 3230T  NextEnergy Solar Fund Limited  15 January 2025

LEI: 213800ZPHCBDDSQH5447

15 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:                                 14 January 2025
 Number of ordinary shares purchased:              100,000
 Lowest price per ordinary share (GBp):            61.80
 Highest price per ordinary share (GBp):           62.40
 Weighted average price per ordinary share (GBp):  62.18

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 10,761,449 its Ordinary
Shares in treasury and has 580,059,736 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 580,059,736 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 (mailto:ir@nextenergysolarfund.com)
 Ross Grier
 Stephen Rosser
 Peter Hamid (Investor Relations)

                                             020 7653 4000

 RBC Europe Limited
 Matthew Coakes
 Kathryn Deegan

 Cavendish                                   020 7397 1909
 Robert Peel
                                             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              65,183                                    62.16
 BATE              3,887                                     61.90
 CHIX              30,930                                    62.26

 Transaction Date  Transaction Time                          Volume                                                 Price  Platform  Transaction Ref
 14/01/2025        10:09:18                                  5594                                                   61.80  XLON      00279611864TRLO0
 14/01/2025        10:09:18                                  5000                                                   61.80  XLON      00279611865TRLO0
 14/01/2025        10:09:56                                  1872                                                   61.90  XLON      00279611909TRLO0
 14/01/2025        11:05:45                                  3641                                                   61.90  CHIX      00279615425TRLO0
 14/01/2025        11:05:45                                  3887                                                   61.90  BATE      00279615426TRLO0
 14/01/2025        11:05:45                                  76                                                     61.90  CHIX      00279615427TRLO0
 14/01/2025        11:05:45                                  76                                                     61.90  CHIX      00279615428TRLO0
 14/01/2025        11:05:45                                  544                                                    61.90  XLON      00279615429TRLO0
 14/01/2025        11:05:45                                  1348                                                   61.90  XLON      00279615430TRLO0
 14/01/2025        11:05:45                                  1866                                                   61.90  XLON      00279615431TRLO0
 14/01/2025        11:05:45                                  1901                                                   61.90  XLON      00279615432TRLO0
 14/01/2025        11:05:45                                  5000                                                   61.90  XLON      00279615433TRLO0
 14/01/2025        11:32:48                                  1883                                                   62.00  CHIX      00279619707TRLO0
 14/01/2025        13:45:00                                  1878                                                   62.20  CHIX      00279632249TRLO0
 14/01/2025        13:45:00                                  2796                                                   62.20  XLON      00279632250TRLO0
 14/01/2025        14:39:32                                  5000                                                   62.40  XLON      00279659490TRLO0
 14/01/2025        14:39:32                                  2552                                                   62.40  XLON      00279659494TRLO0
 14/01/2025        14:40:35                                  12                                                     62.40  CHIX      00279659988TRLO0
 14/01/2025        14:40:35                                  10285                                                  62.40  CHIX      00279659989TRLO0
 14/01/2025        14:40:35                                  2448                                                   62.40  XLON      00279659990TRLO0
 14/01/2025        14:43:19                                  7701                                                   62.40  XLON      00279661111TRLO0
 14/01/2025        14:43:19                                  2552                                                   62.40  XLON      00279661112TRLO0
 14/01/2025        14:43:26                                  2448                                                   62.40  XLON      00279661211TRLO0
 14/01/2025        14:47:22                                  2731                                                   62.40  CHIX      00279662499TRLO0
 14/01/2025        14:47:22                                  2200                                                   62.40  CHIX      00279662500TRLO0
 14/01/2025        14:47:22                                  738                                                    62.40  CHIX      00279662501TRLO0
 14/01/2025        14:47:22                                  10571                                                  62.30  XLON      00279662502TRLO0
 14/01/2025        14:57:37                                  3415                                                   62.30  CHIX      00279665922TRLO0
 14/01/2025        14:57:37                                  2316                                                   62.20  XLON      00279665923TRLO0
 14/01/2025        14:57:37                                  1557                                                   62.20  CHIX      00279665924TRLO0
 14/01/2025        14:57:37                                  582                                                    62.20  CHIX      00279665925TRLO0
 14/01/2025        15:31:10                                  585                                                    62.10  CHIX      00279678869TRLO0
 14/01/2025        15:39:25                                  1271                                                   62.10  CHIX      00279680583TRLO0
 14/01/2025        15:39:25                                  1838                                                   62.10  XLON      00279680584TRLO0
 14/01/2025        16:09:27                                  1836                                                   62.10  XLON      00279688569TRLO0

 

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  POSDZLFFEFLLBBX