REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

06/02/2025 07:15

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RNS Number : 0824W  NextEnergy Solar Fund Limited  06 February 2025

LEI: 213800ZPHCBDDSQH5447

06 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:                                 05 February 2025
 Number of ordinary shares purchased:              25,000
 Lowest price per ordinary share (GBp):            65.00
 Highest price per ordinary share (GBp):           65.80
 Weighted average price per ordinary share (GBp):  65.61

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 11,922,401 its Ordinary
Shares in treasury and has 578,898,784 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 578,898,784 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      6,064                                     65.58
 BATE      1,336                                     65.45
 CHIX      17,600                                    65.64

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 05/02/2025        10:08:45          335     65.00  BATE      00281935039TRLO0
 05/02/2025        12:09:53          2000    65.80  CHIX      00281946713TRLO0
 05/02/2025        12:09:53          7902    65.70  CHIX      00281946714TRLO0
 05/02/2025        13:58:03          397     65.60  CHIX      00281961236TRLO0
 05/02/2025        14:13:41          1603    65.60  CHIX      00281963606TRLO0
 05/02/2025        14:13:41          1001    65.60  BATE      00281963607TRLO0
 05/02/2025        14:13:41          1249    65.60  XLON      00281963608TRLO0
 05/02/2025        14:13:41          437     65.60  XLON      00281963609TRLO0
 05/02/2025        14:13:41          1000    65.60  XLON      00281963610TRLO0
 05/02/2025        14:13:41          1000    65.60  XLON      00281963611TRLO0
 05/02/2025        15:34:30          1378    65.60  XLON      00281999045TRLO0
 05/02/2025        15:36:46          798     65.50  XLON      00281999956TRLO0
 05/02/2025        15:48:20          1506    65.50  CHIX      00282005355TRLO0
 05/02/2025        15:48:20          202     65.50  XLON      00282005356TRLO0
 05/02/2025        16:07:04          123     65.50  CHIX      00282014775TRLO0
 05/02/2025        16:07:07          4069    65.50  CHIX      00282014825TRLO0

 

 

 

 

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