REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

18/02/2025 07:15

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RNS Number : 4222X  NextEnergy Solar Fund Limited  18 February 2025

LEI: 213800ZPHCBDDSQH5447

18 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:                                 17 February 2025
 Number of ordinary shares purchased:              96,340
 Lowest price per ordinary share (GBp):            66.30
 Highest price per ordinary share (GBp):           66.50
 Weighted average price per ordinary share (GBp):  66.40

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 12,405,552 its Ordinary
Shares in treasury and has 578,415,633 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 578,415,633 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      35,610                                    66.45
 BATE      11,200                                    66.36
 CHIX      45,825                                    66.38
 TRQX      741                                       66.30
 Aquis     2,964                                     66.30

 

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 17/02/2025        12:17:17          1702    66.50  BATE      00283158989TRLO0
 17/02/2025        12:17:17          1696    66.50  BATE      00283158990TRLO0
 17/02/2025        12:17:17          3351    66.50  CHIX      00283158991TRLO0
 17/02/2025        12:17:17          3405    66.50  XLON      00283158992TRLO0
 17/02/2025        12:17:17          7011    66.50  XLON      00283158993TRLO0
 17/02/2025        12:17:17          9439    66.50  CHIX      00283158996TRLO0
 17/02/2025        12:17:17          15561   66.50  XLON      00283158997TRLO0
 17/02/2025        12:23:17          11358   66.40  CHIX      00283160215TRLO0
 17/02/2025        14:23:26          2893    66.30  CHIX      00283185601TRLO0
 17/02/2025        14:23:26          1725    66.30  BATE      00283185602TRLO0
 17/02/2025        14:23:26          1741    66.30  CHIX      00283185603TRLO0
 17/02/2025        14:23:26          348     66.30  CHIX      00283185604TRLO0
 17/02/2025        14:23:26          23      66.30  CHIX      00283185605TRLO0
 17/02/2025        14:23:26          1075    66.30  CHIX      00283185606TRLO0
 17/02/2025        14:23:26          2964    66.30  AQXE      00283185607TRLO0
 17/02/2025        14:23:26          741     66.30  BATE      00283185608TRLO0
 17/02/2025        14:23:26          472     66.30  TRQX      00283185609TRLO0
 17/02/2025        14:23:26          1       66.30  TRQX      00283185610TRLO0
 17/02/2025        14:23:26          268     66.30  TRQX      00283185611TRLO0
 17/02/2025        14:23:26          3002    66.30  XLON      00283185612TRLO0
 17/02/2025        14:23:26          24      66.30  XLON      00283185613TRLO0
 17/02/2025        14:23:26          24      66.30  XLON      00283185614TRLO0
 17/02/2025        14:23:26          102     66.30  XLON      00283185615TRLO0
 17/02/2025        14:23:26          6481    66.30  XLON      00283185616TRLO0
 17/02/2025        14:23:28          248     66.30  CHIX      00283185622TRLO0
 17/02/2025        14:23:28          1693    66.30  CHIX      00283185623TRLO0
 17/02/2025        14:23:28          5681    66.30  CHIX      00283185624TRLO0
 17/02/2025        14:23:28          921     66.30  CHIX      00283185625TRLO0
 17/02/2025        15:35:06          1707    66.30  CHIX      00283213327TRLO0
 17/02/2025        15:35:06          1672    66.30  CHIX      00283213328TRLO0
 17/02/2025        15:51:11          1708    66.30  CHIX      00283219089TRLO0
 17/02/2025        15:51:22          132     66.30  CHIX      00283219144TRLO0
 17/02/2025        15:53:16          1835    66.30  CHIX      00283219790TRLO0
 17/02/2025        16:11:34          1819    66.30  BATE      00283227087TRLO0
 17/02/2025        16:11:34          903     66.30  BATE      00283227088TRLO0
 17/02/2025        16:11:37          797     66.30  BATE      00283227103TRLO0
 17/02/2025        16:11:55          1817    66.30  BATE      00283227207TRLO0

 

 

 

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