REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

11/02/2025 07:15

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RNS Number : 5846W  NextEnergy Solar Fund Limited  11 February 2025

LEI: 213800ZPHCBDDSQH5447

11 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:                                 10 February 2025
 Number of ordinary shares purchased:              24,889
 Lowest price per ordinary share (GBp):            69.60
 Highest price per ordinary share (GBp):           69.70
 Weighted average price per ordinary share (GBp):  69.67

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 12,034,533 its Ordinary
Shares in treasury and has 578,786,652 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 578,786,652 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       1,839                                     69.70
            BATE       1,813                                     69.70
            CHIX       21,237                                    69.66

 Transaction Date      Transaction Time                          Volume                                                 Price  Platform  Transaction Ref
 10/02/2025            11:37:33                                  1839                                                   69.70  CHIX      00282395742TRLO0
 10/02/2025            11:37:33                                  649                                                    69.70  BATE      00282395743TRLO0
 10/02/2025            11:37:33                                  920                                                    69.70  BATE      00282395744TRLO0
 10/02/2025            11:37:33                                  244                                                    69.70  BATE      00282395745TRLO0
 10/02/2025            11:37:33                                  2379                                                   69.70  CHIX      00282395746TRLO0
 10/02/2025            11:37:33                                  2379                                                   69.70  CHIX      00282395747TRLO0
 10/02/2025            11:37:33                                  5809                                                   69.70  CHIX      00282395748TRLO0
 10/02/2025            11:37:33                                  884                                                    69.70  CHIX      00282395749TRLO0
 10/02/2025            11:37:33                                  329                                                    69.70  XLON      00282395750TRLO0
 10/02/2025            11:37:33                                  329                                                    69.70  XLON      00282395751TRLO0
 10/02/2025            11:37:33                                  1181                                                   69.70  XLON      00282395752TRLO0
 10/02/2025            11:45:53                                  3748                                                   69.60  CHIX      00282396461TRLO0
 10/02/2025            11:45:53                                  1565                                                   69.60  CHIX      00282396462TRLO0
 10/02/2025            11:45:53                                  1317                                                   69.60  CHIX      00282396463TRLO0
 10/02/2025            11:45:53                                  1317                                                   69.60  CHIX      00282396464TRLO0

 

 

 

 

 

 

 

 

 

 

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