REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

21/02/2025 07:00

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RNS Number : 9345X  NextEnergy Solar Fund Limited  21 February 2025

LEI: 213800ZPHCBDDSQH5447

21 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:                                 20 February 2025
 Number of ordinary shares purchased:              92,654
 Lowest price per ordinary share (GBp):            65.90
 Highest price per ordinary share (GBp):           66.60
 Weighted average price per ordinary share (GBp):  66.22

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 12,577,421 of its Ordinary
Shares in treasury and has 578,243,764 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 578,243,764 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 Capital Markets
 Matthew Coakes
 Kathryn Deegan
                                               020 7908 6000

 Cavendish
 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 Main Market of 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 31 December 2024, the Company had an unaudited gross asset value of
£1,071m.  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 which now employs over 370
professionals.  Since its inception, NextEnergy Group 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 18 years of specialist solar
expertise having invested in over 530 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 $4.5bn.
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 1,600
utility-scale solar power plants with an installed capacity in excess of
3.5GW.  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 31 December 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      6,544                                     66.23
 BATE      8,241                                     66.16
 CHIX      77,869                                    66.23

 

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 20/02/2025        10:29:49          1649    66.30  BATE      00283744951TRLO0
 20/02/2025        10:29:49          1800    66.30  CHIX      00283744952TRLO0
 20/02/2025        10:29:49          1618    66.30  CHIX      00283744953TRLO0
 20/02/2025        10:29:49          1628    66.30  CHIX      00283744954TRLO0
 20/02/2025        10:29:49          1620    66.30  CHIX      00283744955TRLO0
 20/02/2025        10:48:53          1291    66.30  CHIX      00283746897TRLO0
 20/02/2025        12:37:15          1642    66.30  BATE      00283758513TRLO0
 20/02/2025        12:37:15          14309   66.30  CHIX      00283758514TRLO0
 20/02/2025        12:37:15          1640    66.30  XLON      00283758515TRLO0
 20/02/2025        12:37:15          1607    66.30  XLON      00283758516TRLO0
 20/02/2025        12:37:15          1664    66.30  XLON      00283758517TRLO0
 20/02/2025        12:37:54          14380   66.20  CHIX      00283758636TRLO0
 20/02/2025        12:37:54          3820    66.20  CHIX      00283758637TRLO0
 20/02/2025        14:00:15          2062    66.20  CHIX      00283770154TRLO0
 20/02/2025        14:00:15          1630    66.20  CHIX      00283770155TRLO0
 20/02/2025        14:00:15          1634    66.20  CHIX      00283770156TRLO0
 20/02/2025        14:00:15          1646    66.20  CHIX      00283770157TRLO0
 20/02/2025        14:00:15          1646    66.20  CHIX      00283770158TRLO0
 20/02/2025        14:21:18          1916    65.90  CHIX      00283773201TRLO0
 20/02/2025        14:21:18          1652    65.90  BATE      00283773202TRLO0
 20/02/2025        14:21:18          2873    65.90  CHIX      00283773203TRLO0
 20/02/2025        14:21:18          1635    65.90  CHIX      00283773204TRLO0
 20/02/2025        14:21:18          1238    65.90  CHIX      00283773205TRLO0
 20/02/2025        14:21:18          359     65.90  CHIX      00283773206TRLO0
 20/02/2025        15:40:37          3260    66.60  CHIX      00283800058TRLO0
 20/02/2025        15:40:37          4475    66.50  CHIX      00283800059TRLO0
 20/02/2025        15:40:37          1785    66.40  CHIX      00283800061TRLO0
 20/02/2025        15:40:37          315     66.40  CHIX      00283800062TRLO0
 20/02/2025        16:03:25          1681    66.30  BATE      00283807779TRLO0
 20/02/2025        16:03:25          1630    66.30  CHIX      00283807780TRLO0
 20/02/2025        16:03:25          62      66.30  CHIX      00283807781TRLO0
 20/02/2025        16:03:25          1609    66.30  CHIX      00283807782TRLO0
 20/02/2025        16:03:25          655     66.30  CHIX      00283807783TRLO0
 20/02/2025        16:03:25          1052    66.30  CHIX      00283807784TRLO0
 20/02/2025        16:20:13          4141    66.00  CHIX      00283814588TRLO0
 20/02/2025        16:21:45          1617    66.00  BATE      00283815154TRLO0
 20/02/2025        16:21:45          1780    66.00  CHIX      00283815155TRLO0
 20/02/2025        16:21:45          1633    66.00  XLON      00283815156TRLO0

 

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