REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

22/01/2025 07:00

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RNS Number : 1859U  NextEnergy Solar Fund Limited  22 January 2025

LEI: 213800ZPHCBDDSQH5447

22 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:                                 21 January 2025
 Number of ordinary shares purchased:              49,824
 Lowest price per ordinary share (GBp):            64.60
 Highest price per ordinary share (GBp):           65.30
 Weighted average price per ordinary share (GBp):  65.14

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 11,195,923 its Ordinary
Shares in treasury and has 579,625,262 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 579,625,262 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      23,702                                    65.21
 BATE      4,587                                     65.04
 CHIX      21,535                                    65.08

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 21/01/2025        09:00:39          2100    64.80  CHIX      00280253273TRLO0
 21/01/2025        09:00:39          13      64.80  CHIX      00280253274TRLO0
 21/01/2025        09:00:39          13      64.80  CHIX      00280253275TRLO0
 21/01/2025        09:00:39          2053    64.80  XLON      00280253276TRLO0
 21/01/2025        09:00:39          2056    64.80  XLON      00280253277TRLO0
 21/01/2025        09:00:53          360     64.60  CHIX      00280253306TRLO0
 21/01/2025        09:07:57          382     64.70  CHIX      00280253866TRLO0
 21/01/2025        10:49:45          23      65.00  CHIX      00280263390TRLO0
 21/01/2025        11:58:23          108     65.30  CHIX      00280273527TRLO0
 21/01/2025        11:58:23          108     65.30  CHIX      00280273528TRLO0
 21/01/2025        11:58:23          3851    65.30  CHIX      00280273529TRLO0
 21/01/2025        11:58:23          6367    65.30  XLON      00280273530TRLO0
 21/01/2025        11:58:23          715     65.30  XLON      00280273531TRLO0
 21/01/2025        11:58:23          1128    65.30  XLON      00280273532TRLO0
 21/01/2025        11:58:23          1044    65.30  XLON      00280273533TRLO0
 21/01/2025        12:37:58          2060    65.30  CHIX      00280278757TRLO0
 21/01/2025        12:37:58          4197    65.30  XLON      00280278758TRLO0
 21/01/2025        12:37:58          2018    65.30  XLON      00280278759TRLO0
 21/01/2025        12:37:58          2073    65.30  XLON      00280278760TRLO0
 21/01/2025        12:37:58          2051    65.30  XLON      00280278761TRLO0
 21/01/2025        12:38:00          2289    65.20  CHIX      00280278764TRLO0
 21/01/2025        13:09:48          2046    65.10  BATE      00280282227TRLO0
 21/01/2025        13:09:48          585     65.10  CHIX      00280282228TRLO0
 21/01/2025        13:09:48          585     65.10  CHIX      00280282229TRLO0
 21/01/2025        13:09:51          915     65.10  CHIX      00280282243TRLO0
 21/01/2025        15:36:43          276     65.00  CHIX      00280331337TRLO0
 21/01/2025        15:36:43          2541    65.00  BATE      00280331338TRLO0
 21/01/2025        15:36:57          1774    65.00  CHIX      00280331437TRLO0
 21/01/2025        15:36:57          537     65.00  CHIX      00280331438TRLO0
 21/01/2025        15:55:53          5556    65.00  CHIX      00280340180TRLO0

 

 

 

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