REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

31/01/2025 07:00

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RNS Number : 3573V  NextEnergy Solar Fund Limited  31 January 2025

LEI: 213800ZPHCBDDSQH5447

31 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:                                 30 January 2025
 Number of ordinary shares purchased:              77,254
 Lowest price per ordinary share (GBp):            64.20
 Highest price per ordinary share (GBp):           64.40
 Weighted average price per ordinary share (GBp):  64.31

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 11,825,602 its Ordinary
Shares in treasury and has 578,995,583 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 578,995,583 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      29,379                                    64.33
 BATE      2,589                                     64.30
 CHIX      42,624                                    64.30
 Aquis     2,662                                     64.30

 

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 30/01/2025        08:00:25          2112    64.40  CHIX      00281290470TRLO0
 30/01/2025        08:30:56          977     64.20  CHIX      00281296197TRLO0
 30/01/2025        08:30:56          977     64.20  CHIX      00281296198TRLO0
 30/01/2025        14:11:56          3964    64.40  CHIX      00281351761TRLO0
 30/01/2025        14:47:25          753     64.40  CHIX      00281378084TRLO0
 30/01/2025        14:47:25          2958    64.40  CHIX      00281378085TRLO0
 30/01/2025        14:47:25          1667    64.40  XLON      00281378086TRLO0
 30/01/2025        14:47:25          2299    64.40  XLON      00281378087TRLO0
 30/01/2025        14:47:25          2101    64.40  XLON      00281378088TRLO0
 30/01/2025        14:47:25          1984    64.40  XLON      00281378089TRLO0
 30/01/2025        14:47:25          3202    64.40  XLON      00281378090TRLO0
 30/01/2025        14:47:41          2411    64.30  CHIX      00281378190TRLO0
 30/01/2025        14:47:41          22      64.30  XLON      00281378191TRLO0
 30/01/2025        14:47:41          2567    64.30  XLON      00281378192TRLO0
 30/01/2025        14:48:13          1890    64.30  XLON      00281378460TRLO0
 30/01/2025        14:48:16          863     64.30  CHIX      00281378486TRLO0
 30/01/2025        14:48:16          702     64.30  BATE      00281378487TRLO0
 30/01/2025        14:48:16          161     64.30  BATE      00281378488TRLO0
 30/01/2025        14:50:26          1946    64.30  CHIX      00281379561TRLO0
 30/01/2025        14:51:37          863     64.30  BATE      00281380123TRLO0
 30/01/2025        14:51:37          521     64.30  XLON      00281380124TRLO0
 30/01/2025        14:51:37          160     64.30  AQXE      00281380125TRLO0
 30/01/2025        14:56:49          410     64.30  XLON      00281382344TRLO0
 30/01/2025        14:57:37          425     64.30  XLON      00281382775TRLO0
 30/01/2025        15:06:07          415     64.30  CHIX      00281386542TRLO0
 30/01/2025        15:06:07          416     64.30  CHIX      00281386543TRLO0
 30/01/2025        15:11:02          109     64.30  CHIX      00281388183TRLO0
 30/01/2025        15:11:02          397     64.30  CHIX      00281388184TRLO0
 30/01/2025        15:11:02          386     64.30  CHIX      00281388185TRLO0
 30/01/2025        15:11:02          414     64.30  CHIX      00281388186TRLO0
 30/01/2025        15:11:02          303     64.30  CHIX      00281388187TRLO0
 30/01/2025        15:16:50          1092    64.30  CHIX      00281390294TRLO0
 30/01/2025        15:16:50          1997    64.30  CHIX      00281390295TRLO0
 30/01/2025        15:16:50          863     64.30  CHIX      00281390296TRLO0
 30/01/2025        15:16:50          703     64.30  AQXE      00281390297TRLO0
 30/01/2025        15:16:50          891     64.30  XLON      00281390298TRLO0
 30/01/2025        15:16:50          2018    64.30  XLON      00281390299TRLO0
 30/01/2025        15:16:53          180     64.30  XLON      00281390311TRLO0
 30/01/2025        15:16:57          2220    64.30  XLON      00281390339TRLO0
 30/01/2025        15:16:58          863     64.30  AQXE      00281390343TRLO0
 30/01/2025        15:16:58          185     64.30  CHIX      00281390344TRLO0
 30/01/2025        15:16:58          874     64.30  XLON      00281390345TRLO0
 30/01/2025        15:23:45          297     64.30  AQXE      00281393103TRLO0

 

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