REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

23/01/2025 07:00

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RNS Number : 3554U  NextEnergy Solar Fund Limited  23 January 2025

LEI: 213800ZPHCBDDSQH5447

23 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:                                 22 January 2025
 Number of ordinary shares purchased:              100,000
 Lowest price per ordinary share (GBp):            64.90
 Highest price per ordinary share (GBp):           65.20
 Weighted average price per ordinary share (GBp):  65.06

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 11,295,923 its Ordinary
Shares in treasury and has 579,525,262 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 579,525,262 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      37,192                                    65.11
 BATE      5,748                                     65.13
 CHIX      57,060                                    65.02

 

 

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 22/01/2025        09:11:54          1932    65.00  XLON      00280436743TRLO0
 22/01/2025        09:11:54          1939    65.00  XLON      00280436744TRLO0
 22/01/2025        09:11:54          1946    65.00  XLON      00280436745TRLO0
 22/01/2025        13:46:10          3843    65.20  BATE      00280500092TRLO0
 22/01/2025        13:46:10          2684    65.20  XLON      00280500093TRLO0
 22/01/2025        13:46:10          838     65.20  XLON      00280500094TRLO0
 22/01/2025        13:46:10          390     65.20  XLON      00280500095TRLO0
 22/01/2025        13:46:10          448     65.20  XLON      00280500096TRLO0
 22/01/2025        13:46:10          5348    65.20  XLON      00280500097TRLO0
 22/01/2025        13:46:10          2659    65.20  XLON      00280500099TRLO0
 22/01/2025        13:46:10          1270    65.20  XLON      00280500100TRLO0
 22/01/2025        13:46:11          1308    65.20  XLON      00280500104TRLO0
 22/01/2025        13:46:11          489     65.20  XLON      00280500105TRLO0
 22/01/2025        13:46:11          210     65.20  XLON      00280500106TRLO0
 22/01/2025        13:46:12          5548    65.20  XLON      00280500112TRLO0
 22/01/2025        13:46:15          1336    65.10  CHIX      00280500120TRLO0
 22/01/2025        13:46:15          12814   65.10  CHIX      00280500121TRLO0
 22/01/2025        13:57:32          9145    65.10  CHIX      00280503673TRLO0
 22/01/2025        14:12:29          1894    65.00  CHIX      00280508943TRLO0
 22/01/2025        14:14:20          80      64.90  CHIX      00280509601TRLO0
 22/01/2025        14:38:34          1358    64.90  CHIX      00280524831TRLO0
 22/01/2025        15:51:51          1905    65.00  BATE      00280574953TRLO0
 22/01/2025        15:51:51          3897    65.00  CHIX      00280574954TRLO0
 22/01/2025        15:51:51          3584    65.00  XLON      00280574955TRLO0
 22/01/2025        15:51:51          209     65.00  XLON      00280574956TRLO0
 22/01/2025        15:51:51          2849    65.00  XLON      00280574957TRLO0
 22/01/2025        15:51:51          973     65.00  XLON      00280574958TRLO0
 22/01/2025        15:51:51          2085    65.00  XLON      00280574959TRLO0
 22/01/2025        15:51:54          2332    65.00  CHIX      00280574976TRLO0
 22/01/2025        15:52:00          1820    65.00  CHIX      00280575042TRLO0
 22/01/2025        15:59:51          470     65.00  CHIX      00280579351TRLO0
 22/01/2025        15:59:51          148     65.00  XLON      00280579352TRLO0
 22/01/2025        16:01:01          1899    65.00  CHIX      00280580211TRLO0
 22/01/2025        16:01:01          335     65.00  XLON      00280580212TRLO0
 22/01/2025        16:07:48          801     64.90  CHIX      00280583877TRLO0
 22/01/2025        16:07:48          1467    64.90  CHIX      00280583878TRLO0
 22/01/2025        16:10:04          1904    64.90  CHIX      00280585193TRLO0
 22/01/2025        16:10:15          1904    64.90  CHIX      00280585305TRLO0
 22/01/2025        16:16:46          2126    64.90  CHIX      00280589845TRLO0
 22/01/2025        16:18:26          807     64.90  CHIX      00280590889TRLO0
 22/01/2025        16:20:02          1082    64.90  CHIX      00280591868TRLO0
 22/01/2025        16:20:13          782     64.90  CHIX      00280592030TRLO0
 22/01/2025        16:26:58          15      64.90  CHIX      00280596730TRLO0
 22/01/2025        16:27:41          7870    65.00  CHIX      00280597238TRLO0
 22/01/2025        16:27:41          1257    64.90  CHIX      00280597239TRLO0

 

 

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