REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

30/01/2025 07:00

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RNS Number : 1851V  NextEnergy Solar Fund Limited  30 January 2025

LEI: 213800ZPHCBDDSQH5447

30 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:                                 29 January 2025
 Number of ordinary shares purchased:              81,771
 Lowest price per ordinary share (GBp):            62.90
 Highest price per ordinary share (GBp):           64.00
 Weighted average price per ordinary share (GBp):  63.81

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 11,748,348 its Ordinary
Shares in treasury and has 579,072,837 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 579,072,837 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      38,367                                    63.76
 BATE      9,009                                     63.88
 CHIX      31,839                                    63.82
 Aquis     2,556                                     64.00

 

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 29/01/2025        10:00:09          2074    63.90  CHIX      00281156590TRLO0
 29/01/2025        10:00:09          1964    63.90  BATE      00281156591TRLO0
 29/01/2025        10:00:09          1927    63.90  CHIX      00281156592TRLO0
 29/01/2025        10:00:09          1989    63.90  CHIX      00281156593TRLO0
 29/01/2025        10:00:09          17      63.90  XLON      00281156594TRLO0
 29/01/2025        10:00:09          1268    63.90  XLON      00281156595TRLO0
 29/01/2025        11:22:43          648     63.90  XLON      00281165022TRLO0
 29/01/2025        11:22:43          1940    63.90  XLON      00281165023TRLO0
 29/01/2025        13:37:59          5000    64.00  XLON      00281179770TRLO0
 29/01/2025        14:32:43          2016    64.00  BATE      00281188721TRLO0
 29/01/2025        14:32:43          186     64.00  CHIX      00281188722TRLO0
 29/01/2025        14:32:43          10346   64.00  CHIX      00281188723TRLO0
 29/01/2025        14:32:43          1178    64.00  XLON      00281188724TRLO0
 29/01/2025        14:32:43          771     64.00  XLON      00281188725TRLO0
 29/01/2025        14:32:43          1951    64.00  XLON      00281188726TRLO0
 29/01/2025        14:32:43          5926    64.00  XLON      00281188727TRLO0
 29/01/2025        14:32:43          852     64.00  CHIX      00281188728TRLO0
 29/01/2025        14:32:43          852     64.00  AQXE      00281188729TRLO0
 29/01/2025        14:32:43          852     64.00  BATE      00281188730TRLO0
 29/01/2025        14:32:43          2444    64.00  XLON      00281188731TRLO0
 29/01/2025        14:32:43          852     64.00  AQXE      00281188732TRLO0
 29/01/2025        14:32:43          852     64.00  BATE      00281188733TRLO0
 29/01/2025        14:32:43          1425    64.00  XLON      00281188734TRLO0
 29/01/2025        14:32:43          1019    64.00  XLON      00281188735TRLO0
 29/01/2025        14:32:44          852     64.00  CHIX      00281188736TRLO0
 29/01/2025        14:32:44          852     64.00  BATE      00281188738TRLO0
 29/01/2025        14:32:55          748     64.00  CHIX      00281188804TRLO0
 29/01/2025        14:32:55          154     64.00  CHIX      00281188805TRLO0
 29/01/2025        14:32:55          3620    64.00  CHIX      00281188806TRLO0
 29/01/2025        14:32:55          1592    64.00  BATE      00281188807TRLO0
 29/01/2025        14:32:55          852     64.00  AQXE      00281188808TRLO0
 29/01/2025        14:32:55          852     64.00  CHIX      00281188809TRLO0
 29/01/2025        14:32:55          852     64.00  XLON      00281188810TRLO0
 29/01/2025        14:32:55          5000    64.00  XLON      00281188812TRLO0
 29/01/2025        14:36:41          571     63.90  CHIX      00281190071TRLO0
 29/01/2025        14:36:41          2119    63.90  CHIX      00281190072TRLO0
 29/01/2025        15:23:42          2015    63.20  CHIX      00281204944TRLO0
 29/01/2025        15:23:42          1958    63.20  CHIX      00281204945TRLO0
 29/01/2025        15:23:42          1966    63.20  XLON      00281204946TRLO0
 29/01/2025        15:23:42          1962    63.20  XLON      00281204947TRLO0
 29/01/2025        15:24:20          1576    62.90  CHIX      00281205119TRLO0
 29/01/2025        16:12:04          881     63.00  BATE      00281239992TRLO0
 29/01/2025        16:35:16          5000    62.90  XLON      00281258023TRLO0

 

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