REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

17/02/2025 07:00

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RNS Number : 2486X  NextEnergy Solar Fund Limited  17 February 2025

LEI: 213800ZPHCBDDSQH5447

17 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:                                 14 February 2025
 Number of ordinary shares purchased:              97,865
 Lowest price per ordinary share (GBp):            66.30
 Highest price per ordinary share (GBp):           66.80
 Weighted average price per ordinary share (GBp):  66.48

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 12,309,212 its Ordinary
Shares in treasury and has 578,511,973 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 578,511,973 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      27,093                                    66.69
 BATE      5,146                                     66.50
 CHIX      60,439                                    66.36
 TRQX      741                                       66.80
 Aquis     4,446                                     66.80

 

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 14/02/2025        09:15:01          741     66.80  CHIX      00282973817TRLO0
 14/02/2025        09:15:01          741     66.80  AQXE      00282973818TRLO0
 14/02/2025        09:15:01          741     66.80  TRQX      00282973819TRLO0
 14/02/2025        09:15:01          1444    66.80  XLON      00282973820TRLO0
 14/02/2025        09:15:01          1333    66.80  XLON      00282973821TRLO0
 14/02/2025        09:15:01          1841    66.80  XLON      00282973822TRLO0
 14/02/2025        09:15:01          1244    66.80  XLON      00282973823TRLO0
 14/02/2025        09:15:01          1152    66.80  XLON      00282973824TRLO0
 14/02/2025        09:15:01          763     66.80  XLON      00282973825TRLO0
 14/02/2025        09:15:01          1482    66.80  AQXE      00282973826TRLO0
 14/02/2025        09:15:01          3518    66.80  XLON      00282973827TRLO0
 14/02/2025        09:15:01          1482    66.80  AQXE      00282973830TRLO0
 14/02/2025        09:15:01          3518    66.80  XLON      00282973831TRLO0
 14/02/2025        09:15:01          741     66.80  AQXE      00282973832TRLO0
 14/02/2025        09:15:01          741     66.80  CHIX      00282973833TRLO0
 14/02/2025        09:15:01          865     66.80  XLON      00282973834TRLO0
 14/02/2025        09:15:01          19      66.80  XLON      00282973835TRLO0
 14/02/2025        09:15:01          101     66.80  XLON      00282973836TRLO0
 14/02/2025        09:15:01          2533    66.80  XLON      00282973837TRLO0
 14/02/2025        09:37:47          1694    66.70  CHIX      00282977077TRLO0
 14/02/2025        09:37:47          481     66.70  BATE      00282977078TRLO0
 14/02/2025        09:37:47          481     66.70  BATE      00282977079TRLO0
 14/02/2025        09:37:47          742     66.70  BATE      00282977080TRLO0
 14/02/2025        09:37:52          5032    66.60  CHIX      00282977083TRLO0
 14/02/2025        09:37:52          2525    66.60  CHIX      00282977084TRLO0
 14/02/2025        09:37:52          373     66.60  XLON      00282977085TRLO0
 14/02/2025        09:37:52          2516    66.60  XLON      00282977086TRLO0
 14/02/2025        11:13:57          1698    66.40  BATE      00282988423TRLO0
 14/02/2025        11:13:57          1744    66.40  BATE      00282988424TRLO0
 14/02/2025        11:13:57          1727    66.40  XLON      00282988425TRLO0
 14/02/2025        11:13:57          1714    66.40  XLON      00282988426TRLO0
 14/02/2025        11:13:57          1691    66.40  XLON      00282988427TRLO0
 14/02/2025        11:48:40          8070    66.30  CHIX      00282992070TRLO0
 14/02/2025        11:48:40          1313    66.30  CHIX      00282992071TRLO0
 14/02/2025        11:48:40          429     66.30  CHIX      00282992072TRLO0
 14/02/2025        11:48:40          1698    66.30  CHIX      00282992073TRLO0
 14/02/2025        11:48:40          622     66.30  CHIX      00282992074TRLO0
 14/02/2025        11:48:40          1093    66.30  CHIX      00282992075TRLO0
 14/02/2025        14:56:49          2144    66.30  CHIX      00283022642TRLO0
 14/02/2025        14:56:49          1715    66.30  CHIX      00283022643TRLO0
 14/02/2025        14:56:49          1711    66.30  CHIX      00283022644TRLO0
 14/02/2025        14:56:49          1699    66.30  CHIX      00283022645TRLO0
 14/02/2025        14:56:49          1689    66.30  CHIX      00283022646TRLO0
 14/02/2025        15:20:05          4330    66.30  CHIX      00283031149TRLO0
 14/02/2025        15:39:05          17927   66.30  CHIX      00283038129TRLO0
 14/02/2025        15:39:05          1196    66.30  CHIX      00283038130TRLO0
 14/02/2025        15:39:05          498     66.30  CHIX      00283038131TRLO0
 14/02/2025        15:39:05          1537    66.30  CHIX      00283038132TRLO0
 14/02/2025        15:39:05          141     66.30  CHIX      00283038133TRLO0
 14/02/2025        15:39:05          1711    66.30  CHIX      00283038134TRLO0
 14/02/2025        15:39:05          183     66.30  CHIX      00283038135TRLO0
 14/02/2025        16:10:59          741     66.30  XLON      00283051343TRLO0

 

 

 

 

 

 

 

 

 

 

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