REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

16/01/2025 07:00

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RNS Number : 5029T  NextEnergy Solar Fund Limited  16 January 2025

LEI: 213800ZPHCBDDSQH5447

16 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:                                 15 January 2025
 Number of ordinary shares purchased:              100,000
 Lowest price per ordinary share (GBp):            62.60
 Highest price per ordinary share (GBp):           64.00
 Weighted average price per ordinary share (GBp):  63.80

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 10,861,449 its Ordinary
Shares in treasury and has 579,959,736 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 579,959,736 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      49,656                                    63.75
 BATE      4,666                                     63.86
 CHIX      39,550                                    63.85
 TRQX      980                                       63.77
 Aquis     5,148                                     63.85

 

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 15/01/2025        09:29:54          364     62.60  CHIX      00279757983TRLO0
 15/01/2025        10:17:06          117     62.80  TRQX      00279769910TRLO0
 15/01/2025        10:17:06          3516    62.80  XLON      00279769912TRLO0
 15/01/2025        10:17:06          47      62.80  BATE      00279769913TRLO0
 15/01/2025        10:17:06          47      62.80  BATE      00279769914TRLO0
 15/01/2025        10:17:06          197     62.80  CHIX      00279769915TRLO0
 15/01/2025        10:17:06          197     62.80  CHIX      00279769916TRLO0
 15/01/2025        10:17:06          1568    62.80  XLON      00279769917TRLO0
 15/01/2025        14:16:41          14327   64.00  CHIX      00279841321TRLO0
 15/01/2025        14:23:06          3981    63.90  CHIX      00279843403TRLO0
 15/01/2025        14:23:06          11154   63.90  XLON      00279843404TRLO0
 15/01/2025        14:28:29          1530    63.80  CHIX      00279845321TRLO0
 15/01/2025        14:28:29          318     63.80  CHIX      00279845322TRLO0
 15/01/2025        14:28:29          318     63.80  CHIX      00279845323TRLO0
 15/01/2025        14:57:03          991     63.60  CHIX      00279862920TRLO0
 15/01/2025        14:57:03          991     63.60  CHIX      00279862921TRLO0
 15/01/2025        14:57:03          1951    63.60  XLON      00279862922TRLO0
 15/01/2025        14:57:03          1995    63.60  XLON      00279862923TRLO0
 15/01/2025        15:03:35          296     63.60  CHIX      00279867725TRLO0
 15/01/2025        15:04:40          1682    63.60  CHIX      00279868652TRLO0
 15/01/2025        15:18:55          1872    63.60  CHIX      00279878604TRLO0
 15/01/2025        15:26:30          661     63.90  CHIX      00279883383TRLO0
 15/01/2025        15:29:41          1464    63.90  BATE      00279885343TRLO0
 15/01/2025        15:29:41          267     63.90  BATE      00279885344TRLO0
 15/01/2025        15:29:41          267     63.90  BATE      00279885345TRLO0
 15/01/2025        15:29:41          1969    63.90  XLON      00279885346TRLO0
 15/01/2025        15:29:41          1716    63.90  CHIX      00279885347TRLO0
 15/01/2025        15:29:41          2623    63.90  XLON      00279885348TRLO0
 15/01/2025        15:29:41          5000    63.90  XLON      00279885350TRLO0
 15/01/2025        15:39:57          817     63.90  TRQX      00279891355TRLO0
 15/01/2025        15:50:06          2796    63.90  CHIX      00279898417TRLO0
 15/01/2025        15:50:06          1999    63.90  XLON      00279898418TRLO0
 15/01/2025        15:50:06          41      63.90  TRQX      00279898419TRLO0
 15/01/2025        15:50:06          858     63.90  Aquis     00279898420TRLO0
 15/01/2025        15:50:06          858     63.90  BATE      00279898421TRLO0
 15/01/2025        15:50:06          858     63.90  CHIX      00279898422TRLO0
 15/01/2025        15:50:06          1568    63.90  XLON      00279898423TRLO0
 15/01/2025        15:50:06          5       63.90  TRQX      00279898425TRLO0
 15/01/2025        15:50:06          1313    63.90  XLON      00279898426TRLO0
 15/01/2025        15:50:06          137     63.90  XLON      00279898427TRLO0
 15/01/2025        15:50:06          1619    63.90  XLON      00279898428TRLO0
 15/01/2025        15:50:06          1068    63.90  XLON      00279898429TRLO0
 15/01/2025        15:50:06          4739    63.80  CHIX      00279898424TRLO0
 15/01/2025        15:50:11          858     63.90  XLON      00279898594TRLO0
 15/01/2025        15:50:11          858     63.90  Aquis     00279898596TRLO0
 15/01/2025        15:50:11          1969    63.90  XLON      00279898597TRLO0
 15/01/2025        16:11:19          858     63.80  BATE      00279912839TRLO0
 15/01/2025        16:11:19          858     63.80  CHIX      00279912840TRLO0
 15/01/2025        16:11:19          858     63.80  Aquis     00279912841TRLO0
 15/01/2025        16:11:19          1972    63.80  XLON      00279912842TRLO0
 15/01/2025        16:11:19          227     63.80  XLON      00279912843TRLO0
 15/01/2025        16:11:19          227     63.80  XLON      00279912844TRLO0
 15/01/2025        16:11:20          1716    63.80  Aquis     00279912846TRLO0
 15/01/2025        16:11:20          3284    63.80  XLON      00279912847TRLO0
 15/01/2025        16:23:49          858     63.90  Aquis     00279920744TRLO0
 15/01/2025        16:23:49          858     63.90  CHIX      00279920745TRLO0
 15/01/2025        16:23:49          858     63.90  BATE      00279920746TRLO0
 15/01/2025        16:23:49          2426    63.90  XLON      00279920747TRLO0
 15/01/2025        16:23:49          1213    63.90  XLON      00279920748TRLO0

 

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