REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

25/02/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250225:nRSY2701Ya&default-theme=true

RNS Number : 2701Y  NextEnergy Solar Fund Limited  25 February 2025

LEI: 213800ZPHCBDDSQH5447

25 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:                                 24 February 2025
 Number of ordinary shares purchased:              80,755
 Lowest price per ordinary share (GBp):            64.90
 Highest price per ordinary share (GBp):           66.20
 Weighted average price per ordinary share (GBp):  65.73

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 12,758,176 of its Ordinary
Shares in treasury and has 578,063,009 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 578,063,009 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      38,729                                    65.91
 BATE      9,139                                     65.33
 CHIX      20,731                                    65.36
 TRQX      8,785                                     66.20
 Aquis     3,371                                     65.90

 

 

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 24/02/2025        12:37:54          20      66.10  CHIX      00284030697TRLO0
 24/02/2025        12:37:54          12      66.10  CHIX      00284030698TRLO0
 24/02/2025        12:37:54          12      66.10  CHIX      00284030699TRLO0
 24/02/2025        13:42:20          796     66.20  TRQX      00284036093TRLO0
 24/02/2025        13:42:20          71      66.20  TRQX      00284036094TRLO0
 24/02/2025        13:42:20          231     66.20  XLON      00284036095TRLO0
 24/02/2025        13:42:41          4548    66.20  TRQX      00284036131TRLO0
 24/02/2025        13:42:41          524     66.20  TRQX      00284036132TRLO0
 24/02/2025        13:42:41          121     66.20  TRQX      00284036133TRLO0
 24/02/2025        13:42:41          2725    66.20  TRQX      00284036134TRLO0
 24/02/2025        13:42:41          15000   66.20  XLON      00284036135TRLO0
 24/02/2025        13:42:41          451     66.20  XLON      00284036136TRLO0
 24/02/2025        13:42:41          533     66.20  XLON      00284036137TRLO0
 24/02/2025        14:09:45          705     65.90  AQXE      00284039629TRLO0
 24/02/2025        14:09:45          705     65.90  CHIX      00284039630TRLO0
 24/02/2025        14:09:45          1180    65.90  BATE      00284039631TRLO0
 24/02/2025        14:09:45          1410    65.90  XLON      00284039632TRLO0
 24/02/2025        14:09:55          705     65.90  CHIX      00284039661TRLO0
 24/02/2025        14:09:55          705     65.90  BATE      00284039662TRLO0
 24/02/2025        14:09:55          1180    65.90  AQXE      00284039663TRLO0
 24/02/2025        14:09:55          1410    65.90  XLON      00284039664TRLO0
 24/02/2025        14:09:55          4000    65.90  XLON      00284039665TRLO0
 24/02/2025        14:09:55          4000    65.90  XLON      00284039666TRLO0
 24/02/2025        14:09:55          590     65.90  XLON      00284039667TRLO0
 24/02/2025        14:09:55          885     65.90  XLON      00284039668TRLO0
 24/02/2025        14:09:55          809     65.90  XLON      00284039669TRLO0
 24/02/2025        14:09:59          306     65.90  AQXE      00284039672TRLO0
 24/02/2025        14:09:59          1410    65.90  XLON      00284039673TRLO0
 24/02/2025        14:09:59          705     65.90  BATE      00284039674TRLO0
 24/02/2025        14:10:00          1180    65.90  AQXE      00284039681TRLO0
 24/02/2025        14:10:00          582     65.90  CHIX      00284039682TRLO0
 24/02/2025        14:10:00          123     65.90  CHIX      00284039683TRLO0
 24/02/2025        14:10:00          1410    65.90  XLON      00284039684TRLO0
 24/02/2025        14:10:00          1000    65.90  XLON      00284039685TRLO0
 24/02/2025        14:39:50          1697    65.50  CHIX      00284046037TRLO0
 24/02/2025        14:39:50          1682    65.50  CHIX      00284046038TRLO0
 24/02/2025        14:39:50          1677    65.50  CHIX      00284046039TRLO0
 24/02/2025        14:39:50          1650    65.50  CHIX      00284046040TRLO0
 24/02/2025        14:57:34          1655    65.40  BATE      00284051769TRLO0
 24/02/2025        14:57:34          4915    65.40  CHIX      00284051770TRLO0
 24/02/2025        15:21:52          1845    65.00  CHIX      00284060070TRLO0
 24/02/2025        15:21:52          1615    65.00  BATE      00284060071TRLO0
 24/02/2025        15:21:52          1614    65.00  BATE      00284060072TRLO0
 24/02/2025        15:21:52          1665    65.00  BATE      00284060073TRLO0
 24/02/2025        15:27:08          544     64.90  CHIX      00284061253TRLO0
 24/02/2025        15:27:08          2447    64.90  CHIX      00284061254TRLO0
 24/02/2025        16:09:06          2881    65.10  XLON      00284072398TRLO0
 24/02/2025        16:09:06          709     65.10  XLON      00284072399TRLO0
 24/02/2025        16:16:26          2000    65.10  XLON      00284074812TRLO0
 24/02/2025        16:29:12          2115    65.20  CHIX      00284078725TRLO0

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  POSDZLFLELLXBBL