REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

20/01/2025 07:00

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RNS Number : 8507T  NextEnergy Solar Fund Limited  20 January 2025

LEI: 213800ZPHCBDDSQH5447

20 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:                                 17 January 2025
 Number of ordinary shares purchased:              100,000
 Lowest price per ordinary share (GBp):            64.50
 Highest price per ordinary share (GBp):           65.20
 Weighted average price per ordinary share (GBp):  65.04

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 11,046,099 its Ordinary
Shares in treasury and has 579,775,086 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 579,775,086 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      37,415                                    65.10
 BATE      4,723                                     65.07
 CHIX      52,307                                    64.97
 TRQX      891                                       65.20
 Aquis     4,664                                     65.20

 

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 17/01/2025        09:18:41          10      65.00  XLON      00280074112TRLO0
 17/01/2025        09:18:41          126     65.00  XLON      00280074113TRLO0
 17/01/2025        09:49:23          891     65.20  BATE      00280076979TRLO0
 17/01/2025        09:49:23          891     65.20  Aquis     00280076980TRLO0
 17/01/2025        09:49:23          891     65.20  CHIX      00280076981TRLO0
 17/01/2025        09:49:23          218     65.20  XLON      00280076982TRLO0
 17/01/2025        09:49:23          2109    65.20  XLON      00280076983TRLO0
 17/01/2025        09:49:23          209     65.20  Aquis     00280076984TRLO0
 17/01/2025        09:49:23          2041    65.10  CHIX      00280076977TRLO0
 17/01/2025        09:49:23          2067    65.10  XLON      00280076978TRLO0
 17/01/2025        09:49:26          3060    65.20  CHIX      00280076985TRLO0
 17/01/2025        09:49:26          3975    65.20  CHIX      00280076986TRLO0
 17/01/2025        09:49:26          891     65.20  TRQX      00280076987TRLO0
 17/01/2025        09:49:26          891     65.20  Aquis     00280076988TRLO0
 17/01/2025        09:49:26          891     65.20  CHIX      00280076989TRLO0
 17/01/2025        09:49:26          891     65.20  BATE      00280076990TRLO0
 17/01/2025        09:49:26          1227    65.20  XLON      00280076991TRLO0
 17/01/2025        09:49:26          891     65.20  Aquis     00280076992TRLO0
 17/01/2025        09:49:26          891     65.20  BATE      00280076993TRLO0
 17/01/2025        09:49:26          891     65.20  CHIX      00280076994TRLO0
 17/01/2025        09:49:26          2327    65.20  XLON      00280076995TRLO0
 17/01/2025        09:49:26          1782    65.20  Aquis     00280076996TRLO0
 17/01/2025        09:49:26          3218    65.20  XLON      00280076997TRLO0
 17/01/2025        09:49:27          3472    65.20  XLON      00280076998TRLO0
 17/01/2025        09:49:27          1392    65.20  XLON      00280076999TRLO0
 17/01/2025        10:17:55          2101    65.10  CHIX      00280079712TRLO0
 17/01/2025        10:17:55          2088    65.10  XLON      00280079714TRLO0
 17/01/2025        10:17:55          2066    65.00  CHIX      00280079713TRLO0
 17/01/2025        10:17:55          2100    65.00  CHIX      00280079715TRLO0
 17/01/2025        10:17:55          1597    65.00  CHIX      00280079716TRLO0
 17/01/2025        10:41:28          995     64.80  CHIX      00280081672TRLO0
 17/01/2025        10:41:28          995     64.80  CHIX      00280081673TRLO0
 17/01/2025        10:41:28          34      64.80  CHIX      00280081674TRLO0
 17/01/2025        10:56:19          2135    64.50  CHIX      00280083475TRLO0
 17/01/2025        10:56:19          65      64.50  CHIX      00280083476TRLO0
 17/01/2025        13:22:51          2037    65.00  XLON      00280098492TRLO0
 17/01/2025        13:23:10          4080    65.00  XLON      00280098538TRLO0
 17/01/2025        13:23:20          6166    65.00  XLON      00280098544TRLO0
 17/01/2025        13:39:21          4076    64.90  CHIX      00280100186TRLO0
 17/01/2025        13:39:21          4043    64.80  CHIX      00280100187TRLO0
 17/01/2025        13:39:23          1696    64.90  CHIX      00280100188TRLO0
 17/01/2025        13:39:23          4619    64.90  CHIX      00280100189TRLO0
 17/01/2025        13:39:51          2177    64.90  CHIX      00280100224TRLO0
 17/01/2025        14:19:55          1212    64.90  CHIX      00280105113TRLO0
 17/01/2025        14:44:20          4126    65.10  XLON      00280111341TRLO0
 17/01/2025        14:44:39          2079    65.10  CHIX      00280111415TRLO0
 17/01/2025        14:45:27          2752    65.00  XLON      00280111762TRLO0
 17/01/2025        14:47:09          2107    65.00  CHIX      00280112239TRLO0
 17/01/2025        14:47:09          2050    64.90  BATE      00280112240TRLO0
 17/01/2025        14:47:09          816     64.90  CHIX      00280112241TRLO0
 17/01/2025        15:04:52          2005    64.90  CHIX      00280118592TRLO0
 17/01/2025        15:06:51          2750    65.00  CHIX      00280119157TRLO0
 17/01/2025        15:06:51          85      65.00  CHIX      00280119158TRLO0
 17/01/2025        15:25:53          805     64.90  CHIX      00280124658TRLO0

 

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