REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

21/01/2025 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:20250121:nRSU0227Ua&default-theme=true

RNS Number : 0227U  NextEnergy Solar Fund Limited  21 January 2025

LEI: 213800ZPHCBDDSQH5447

21 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:                                 20 January 2025
 Number of ordinary shares purchased:              100,000
 Lowest price per ordinary share (GBp):            64.70
 Highest price per ordinary share (GBp):           65.00
 Weighted average price per ordinary share (GBp):  64.92

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 11,146,099 its Ordinary
Shares in treasury and has 579,675,086 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 579,675,086 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      43,743                                    64.94
 BATE      12,379                                    64.92
 CHIX      32,907                                    64.90
 TRQX      10,971                                    64.90

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 20/01/2025        08:44:50          2113    65.00  CHIX      00280191801TRLO0
 20/01/2025        08:44:50          2065    65.00  XLON      00280191802TRLO0
 20/01/2025        09:17:45          2229    64.80  CHIX      00280193900TRLO0
 20/01/2025        09:18:45          525     64.80  CHIX      00280193965TRLO0
 20/01/2025        09:18:45          183     64.80  CHIX      00280193966TRLO0
 20/01/2025        09:18:45          707     64.80  XLON      00280193967TRLO0
 20/01/2025        09:18:46          1345    64.80  XLON      00280193969TRLO0
 20/01/2025        09:18:46          45      64.80  CHIX      00280193970TRLO0
 20/01/2025        09:20:03          1765    64.70  CHIX      00280194055TRLO0
 20/01/2025        09:20:03          267     64.70  CHIX      00280194056TRLO0
 20/01/2025        09:20:03          53      64.70  CHIX      00280194057TRLO0
 20/01/2025        10:13:33          50      64.90  CHIX      00280198500TRLO0
 20/01/2025        10:18:25          4       64.90  CHIX      00280198982TRLO0
 20/01/2025        10:19:53          13      64.90  CHIX      00280199107TRLO0
 20/01/2025        10:51:24          2082    65.00  CHIX      00280201270TRLO0
 20/01/2025        10:51:24          4564    65.00  XLON      00280201271TRLO0
 20/01/2025        10:51:24          1615    65.00  XLON      00280201272TRLO0
 20/01/2025        11:56:57          2080    65.00  CHIX      00280206211TRLO0
 20/01/2025        11:56:57          2068    65.00  BATE      00280206212TRLO0
 20/01/2025        11:56:57          2069    65.00  XLON      00280206213TRLO0
 20/01/2025        11:56:57          4123    65.00  XLON      00280206214TRLO0
 20/01/2025        11:56:57          4082    65.00  XLON      00280206215TRLO0
 20/01/2025        13:14:43          2058    64.90  BATE      00280213530TRLO0
 20/01/2025        13:14:43          4374    64.90  CHIX      00280213531TRLO0
 20/01/2025        13:14:43          2046    64.90  XLON      00280213532TRLO0
 20/01/2025        13:14:43          2121    64.90  XLON      00280213533TRLO0
 20/01/2025        13:14:43          2052    64.90  XLON      00280213534TRLO0
 20/01/2025        14:00:00          2031    64.90  BATE      00280219219TRLO0
 20/01/2025        14:00:00          2412    64.90  CHIX      00280219220TRLO0
 20/01/2025        14:00:00          2036    64.90  XLON      00280219221TRLO0
 20/01/2025        14:00:00          2061    64.90  XLON      00280219222TRLO0
 20/01/2025        14:53:42          3859    64.90  CHIX      00280225378TRLO0
 20/01/2025        14:53:42          2102    64.90  XLON      00280225379TRLO0
 20/01/2025        14:53:42          2077    64.90  BATE      00280225380TRLO0
 20/01/2025        14:53:42          2103    64.90  XLON      00280225381TRLO0
 20/01/2025        14:53:42          2096    64.90  XLON      00280225382TRLO0
 20/01/2025        15:15:47          2115    64.90  BATE      00280228016TRLO0
 20/01/2025        15:15:47          2384    64.90  CHIX      00280228017TRLO0
 20/01/2025        15:15:47          2084    64.90  CHIX      00280228018TRLO0
 20/01/2025        15:20:03          2251    64.90  CHIX      00280228670TRLO0
 20/01/2025        15:39:29          1906    64.90  CHIX      00280230700TRLO0
 20/01/2025        15:50:00          98      64.90  CHIX      00280231869TRLO0
 20/01/2025        16:01:19          42      64.90  CHIX      00280233471TRLO0
 20/01/2025        16:01:19          2030    64.90  BATE      00280233472TRLO0
 20/01/2025        16:01:19          2088    64.90  CHIX      00280233473TRLO0
 20/01/2025        16:01:19          2061    64.90  XLON      00280233474TRLO0
 20/01/2025        16:16:53          1409    64.90  TRQX      00280235707TRLO0
 20/01/2025        16:16:53          3985    64.90  TRQX      00280235708TRLO0
 20/01/2025        16:18:00          5577    64.90  TRQX      00280236093TRLO0
 20/01/2025        16:18:00          4495    64.90  XLON      00280236094TRLO0

 

 

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  POSDBLFLEFLXBBB