REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

03/02/2025 07:15

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RNS Number : 5545V  NextEnergy Solar Fund Limited  03 February 2025

LEI: 213800ZPHCBDDSQH5447

03 February 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:                                 31 January 2025
 Number of ordinary shares purchased:              21,799
 Lowest price per ordinary share (GBp):            64.10
 Highest price per ordinary share (GBp):           65.00
 Weighted average price per ordinary share (GBp):  64.62

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 11,847,401 its Ordinary
Shares in treasury and has 578,973,784 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 578,973,784 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      4,056                                     64.70
 BATE      1,944                                     64.79
 CHIX      15,799                                    64.58

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 31/01/2025        08:27:41          1000    64.30  CHIX      00281448881TRLO0
 31/01/2025        08:29:51          698     64.10  CHIX      00281449037TRLO0
 31/01/2025        09:09:56          302     64.10  CHIX      00281454477TRLO0
 31/01/2025        09:09:56          440     64.10  CHIX      00281454478TRLO0
 31/01/2025        11:16:01          1561    64.60  CHIX      00281471410TRLO0
 31/01/2025        11:16:01          2001    64.60  CHIX      00281471411TRLO0
 31/01/2025        11:16:01          2001    64.60  CHIX      00281471412TRLO0
 31/01/2025        11:16:01          3000    64.60  XLON      00281471413TRLO0
 31/01/2025        11:26:18          164     64.70  CHIX      00281472564TRLO0
 31/01/2025        11:26:18          418     64.70  CHIX      00281472565TRLO0
 31/01/2025        11:26:18          418     64.70  CHIX      00281472566TRLO0
 31/01/2025        11:51:45          172     64.60  BATE      00281475731TRLO0
 31/01/2025        11:51:45          2000    64.60  CHIX      00281475732TRLO0
 31/01/2025        11:51:45          1793    64.60  CHIX      00281475733TRLO0
 31/01/2025        11:51:45          828     64.60  BATE      00281475734TRLO0
 31/01/2025        11:52:34          500     64.60  CHIX      00281475875TRLO0
 31/01/2025        11:52:34          500     64.60  CHIX      00281475876TRLO0
 31/01/2025        15:21:23          1000    64.90  CHIX      00281510597TRLO0
 31/01/2025        16:01:42          1000    64.90  CHIX      00281521889TRLO0
 31/01/2025        16:21:57          1       64.90  CHIX      00281528105TRLO0
 31/01/2025        16:23:25          2       64.90  CHIX      00281528436TRLO0
 31/01/2025        16:24:56          944     65.00  BATE      00281528845TRLO0
 31/01/2025        16:25:15          514     65.00  XLON      00281528948TRLO0
 31/01/2025        16:26:36          418     65.00  XLON      00281529473TRLO0
 31/01/2025        16:26:56          76      65.00  XLON      00281529568TRLO0
 31/01/2025        16:27:01          48      65.00  XLON      00281529598TRLO0

 

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