REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

27/01/2025 07:00

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RNS Number : 6895U  NextEnergy Solar Fund Limited  27 January 2025

LEI: 213800ZPHCBDDSQH5447

27 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:                                 24 January 2025
 Number of ordinary shares purchased:              96,702
 Lowest price per ordinary share (GBp):            64.90
 Highest price per ordinary share (GBp):           64.90
 Weighted average price per ordinary share (GBp):  64.90

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 11,482,777 its Ordinary
Shares in treasury and has 579,338,408 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 579,338,408 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      19,797                                    64.90
 BATE      10,924                                    64.90
 CHIX      55,254                                    64.90
 TRQX      3,550                                     64.90
 Aquis     7,177                                     64.90

 

 Platform    Transaction Time      Volume      Price  Platform      Transaction Ref
 24/01/2025  13:46:47              3124        64.90  CHIX          00280858083TRLO0
 24/01/2025  13:46:47              576         64.90  BATE          00280858084TRLO0
 24/01/2025  13:46:47              576         64.90  BATE          00280858085TRLO0
 24/01/2025  13:46:47              1604        64.90  CHIX          00280858086TRLO0
 24/01/2025  13:46:47              1604        64.90  CHIX          00280858087TRLO0
 24/01/2025  13:46:47              8928        64.90  CHIX          00280858088TRLO0
 24/01/2025  13:46:47              761         64.90  BATE          00280858089TRLO0
 24/01/2025  13:46:47              1898        64.90  BATE          00280858090TRLO0
 24/01/2025  13:46:47              1894        64.90  BATE          00280858091TRLO0
 24/01/2025  13:46:47              1878        64.90  XLON          00280858092TRLO0
 24/01/2025  14:32:07              433         64.90  AQXE          00280866712TRLO0
 24/01/2025  16:24:43              73          64.90  CHIX          00280899039TRLO0
 24/01/2025  16:24:43              4886        64.90  CHIX          00280899040TRLO0
 24/01/2025  16:24:43              1919        64.90  BATE          00280899041TRLO0
 24/01/2025  16:24:43              1910        64.90  CHIX          00280899042TRLO0
 24/01/2025  16:24:43              3692        64.90  AQXE          00280899043TRLO0
 24/01/2025  16:24:43              1900        64.90  CHIX          00280899044TRLO0
 24/01/2025  16:24:43              1650        64.90  BATE          00280899045TRLO0
 24/01/2025  16:24:43              1650        64.90  TRQX          00280899046TRLO0
 24/01/2025  16:24:45              879         64.90  XLON          00280899051TRLO0
 24/01/2025  16:24:45              1006        64.90  XLON          00280899052TRLO0
 24/01/2025  16:24:45              4462        64.90  XLON          00280899053TRLO0
 24/01/2025  16:25:12              10373       64.90  CHIX          00280899166TRLO0
 24/01/2025  16:25:12              1182        64.90  XLON          00280899167TRLO0
 24/01/2025  16:25:12              1900        64.90  TRQX          00280899168TRLO0
 24/01/2025  16:25:12              1313        64.90  XLON          00280899169TRLO0
 24/01/2025  16:25:13              10009       64.90  CHIX          00280899196TRLO0
 24/01/2025  16:25:13              1550        64.90  CHIX          00280899197TRLO0
 24/01/2025  16:25:13              714         64.90  XLON          00280899198TRLO0
 24/01/2025  16:25:13              8363        64.90  XLON          00280899199TRLO0
 24/01/2025  16:25:13              1650        64.90  BATE          00280899203TRLO0
 24/01/2025  16:25:13              693         64.90  AQXE          00280899204TRLO0
 24/01/2025  16:25:13              2359        64.90  AQXE          00280899205TRLO0
 24/01/2025  16:27:54              173         64.90  CHIX          00280899861TRLO0
 24/01/2025  16:27:54              9120        64.90  CHIX          00280899862TRLO0

 

 

 

 

 

 

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