REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

26/02/2025 07:00

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RNS Number : 4345Y  NextEnergy Solar Fund Limited  26 February 2025

LEI: 213800ZPHCBDDSQH5447

26 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:                                 25 February 2025
 Number of ordinary shares purchased:              72,201
 Lowest price per ordinary share (GBp):            65.10
 Highest price per ordinary share (GBp):           65.70
 Weighted average price per ordinary share (GBp):  65.37

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 12,830,377 of its Ordinary
Shares in treasury and has 577,990,808 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 577,990,808 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      20,734                                    65.26
 BATE      1,555                                     65.50
 CHIX      45,778                                    65.44
 TRQX      4,134                                     65.20

 

 

 

 

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 25/02/2025        11:07:57          7892    65.40  CHIX      00284135780TRLO0
 25/02/2025        11:07:57          3169    65.40  CHIX      00284135781TRLO0
 25/02/2025        11:07:57          3143    65.40  CHIX      00284135782TRLO0
 25/02/2025        11:07:57          3169    65.40  CHIX      00284135783TRLO0
 25/02/2025        11:07:57          1724    65.40  XLON      00284135784TRLO0
 25/02/2025        11:07:57          1446    65.40  XLON      00284135785TRLO0
 25/02/2025        11:35:37          122     65.20  XLON      00284139170TRLO0
 25/02/2025        14:29:07          1258    65.50  CHIX      00284161750TRLO0
 25/02/2025        14:43:01          122     65.50  XLON      00284165295TRLO0
 25/02/2025        14:56:20          1365    65.70  CHIX      00284169358TRLO0
 25/02/2025        14:56:20          1605    65.70  CHIX      00284169359TRLO0
 25/02/2025        14:56:20          3166    65.70  CHIX      00284169360TRLO0
 25/02/2025        14:56:21          127     65.60  CHIX      00284169361TRLO0
 25/02/2025        14:56:21          3479    65.60  CHIX      00284169362TRLO0
 25/02/2025        14:56:21          1204    65.60  CHIX      00284169363TRLO0
 25/02/2025        14:56:21          1196    65.60  CHIX      00284169364TRLO0
 25/02/2025        15:30:01          1899    65.50  CHIX      00284182416TRLO0
 25/02/2025        15:30:01          1555    65.50  BATE      00284182417TRLO0
 25/02/2025        15:30:01          1582    65.50  CHIX      00284182418TRLO0
 25/02/2025        15:30:01          1625    65.50  CHIX      00284182419TRLO0
 25/02/2025        15:30:01          1595    65.50  XLON      00284182420TRLO0
 25/02/2025        15:30:04          3144    65.30  CHIX      00284182490TRLO0
 25/02/2025        15:30:04          953     65.20  CHIX      00284182491TRLO0
 25/02/2025        15:30:04          2033    65.20  CHIX      00284182492TRLO0
 25/02/2025        15:30:04          2033    65.20  CHIX      00284182493TRLO0
 25/02/2025        15:30:04          1857    65.20  TRQX      00284182494TRLO0
 25/02/2025        15:30:04          785     65.20  TRQX      00284182495TRLO0
 25/02/2025        15:30:04          1492    65.20  TRQX      00284182496TRLO0
 25/02/2025        15:30:04          14127   65.20  XLON      00284182497TRLO0
 25/02/2025        15:30:04          1598    65.20  XLON      00284182498TRLO0
 25/02/2025        15:30:07          758     65.10  CHIX      00284182557TRLO0
 25/02/2025        15:30:07          868     65.10  CHIX      00284182558TRLO0
 25/02/2025        15:30:07          110     65.10  CHIX      00284182559TRLO0

 

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