REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

17/01/2025 07:00

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RNS Number : 6733T  NextEnergy Solar Fund Limited  17 January 2025

LEI: 213800ZPHCBDDSQH5447

17 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:                                 16 January 2025
 Number of ordinary shares purchased:              84,650
 Lowest price per ordinary share (GBp):            63.70
 Highest price per ordinary share (GBp):           64.60
 Weighted average price per ordinary share (GBp):  64.01

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 10,946,099 its Ordinary
Shares in treasury and has 579,875,086 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 579,875,086 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      31,014                                    64.03
 BATE      1,772                                     63.90
 CHIX      44,204                                    64.01
 TRQX      5,886                                     63.90
 Aquis     1,774                                     63.90

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 16/01/2025        09:09:52          726     63.70  CHIX      00279962445TRLO0
 16/01/2025        09:53:55          2021    64.00  CHIX      00279967305TRLO0
 16/01/2025        10:41:40          86      64.00  CHIX      00279972305TRLO0
 16/01/2025        11:59:49          1538    64.20  CHIX      00279980124TRLO0
 16/01/2025        11:59:49          4567    64.20  CHIX      00279980125TRLO0
 16/01/2025        11:59:49          4413    64.20  CHIX      00279980126TRLO0
 16/01/2025        11:59:49          8229    64.20  XLON      00279980127TRLO0
 16/01/2025        11:59:49          1245    64.20  XLON      00279980128TRLO0
 16/01/2025        11:59:50          1963    64.00  CHIX      00279980130TRLO0
 16/01/2025        11:59:50          1547    64.00  XLON      00279980131TRLO0
 16/01/2025        11:59:50          2526    64.00  XLON      00279980132TRLO0
 16/01/2025        11:59:50          9288    64.00  XLON      00279980133TRLO0
 16/01/2025        12:19:36          5       63.80  CHIX      00279981922TRLO0
 16/01/2025        12:19:42          2239    63.80  CHIX      00279981937TRLO0
 16/01/2025        13:39:36          2342    63.90  TRQX      00279992302TRLO0
 16/01/2025        14:17:09          3560    63.90  CHIX      00279997790TRLO0
 16/01/2025        14:17:09          4065    63.90  XLON      00279997791TRLO0
 16/01/2025        14:17:09          1795    63.90  TRQX      00279997792TRLO0
 16/01/2025        14:17:09          863     63.90  TRQX      00279997793TRLO0
 16/01/2025        14:17:10          886     63.90  BATE      00279997794TRLO0
 16/01/2025        14:17:10          434     63.90  CHIX      00279997795TRLO0
 16/01/2025        14:17:10          886     63.90  Aquis     00279997796TRLO0
 16/01/2025        14:17:10          886     63.90  TRQX      00279997797TRLO0
 16/01/2025        14:17:10          452     63.90  CHIX      00279997798TRLO0
 16/01/2025        14:17:10          1456    63.90  XLON      00279997799TRLO0
 16/01/2025        14:23:46          6505    63.90  CHIX      00279998594TRLO0
 16/01/2025        14:23:46          2342    63.90  CHIX      00279998595TRLO0
 16/01/2025        14:23:46          2658    63.90  XLON      00279998596TRLO0
 16/01/2025        14:30:51          1901    63.90  CHIX      00280000197TRLO0
 16/01/2025        14:30:51          1456    63.90  CHIX      00280000198TRLO0
 16/01/2025        14:55:54          148     63.90  CHIX      00280012121TRLO0
 16/01/2025        14:55:54          80      63.90  CHIX      00280012122TRLO0
 16/01/2025        14:55:54          1953    63.90  CHIX      00280012123TRLO0
 16/01/2025        14:55:54          886     63.90  Aquis     00280012125TRLO0
 16/01/2025        14:55:54          886     63.90  BATE      00280012126TRLO0
 16/01/2025        14:55:54          1772    63.90  CHIX      00280012127TRLO0
 16/01/2025        15:53:28          3       64.10  CHIX      00280030394TRLO0
 16/01/2025        15:54:52          4       64.10  CHIX      00280030721TRLO0
 16/01/2025        16:04:57          4049    64.10  CHIX      00280033605TRLO0
 16/01/2025        16:20:33          1987    64.40  CHIX      00280038631TRLO0
 16/01/2025        16:28:05          2       64.60  Aquis     00280041358TRLO0

 

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