REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

27/02/2025 07:00

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RNS Number : 6010Y  NextEnergy Solar Fund Limited  27 February 2025

LEI: 213800ZPHCBDDSQH5447

27 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:                                 26 February 2025
 Number of ordinary shares purchased:              100,000
 Lowest price per ordinary share (GBp):            65.60
 Highest price per ordinary share (GBp):           66.40
 Weighted average price per ordinary share (GBp):  66.14

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 12,930,377 of its Ordinary
Shares in treasury and has 577,890,808 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 577,890,808 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      22,304                                    66.21
 BATE      7,561                                     66.14
 CHIX      61,493                                    66.09
 TRQX      8,043                                     66.22
 Aquis     599                                       66.30

 

 

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 26/02/2025        11:41:27          4600    66.10  CHIX      00284249877TRLO0
 26/02/2025        11:41:27          3084    66.10  CHIX      00284249878TRLO0
 26/02/2025        11:41:27          2751    66.10  CHIX      00284249879TRLO0
 26/02/2025        11:41:27          1318    66.10  TRQX      00284249880TRLO0
 26/02/2025        11:41:27          5179    66.10  XLON      00284249881TRLO0
 26/02/2025        11:41:27          601     66.10  XLON      00284249882TRLO0
 26/02/2025        11:41:27          151     66.10  XLON      00284249883TRLO0
 26/02/2025        11:41:27          2687    66.10  XLON      00284249885TRLO0
 26/02/2025        11:53:08          3430    66.10  TRQX      00284251461TRLO0
 26/02/2025        11:54:13          11478   66.20  CHIX      00284251603TRLO0
 26/02/2025        12:19:18          1437    66.40  BATE      00284255715TRLO0
 26/02/2025        12:19:18          1464    66.40  CHIX      00284255716TRLO0
 26/02/2025        12:19:18          1464    66.40  CHIX      00284255717TRLO0
 26/02/2025        12:19:18          131     66.40  CHIX      00284255718TRLO0
 26/02/2025        12:19:18          65      66.40  BATE      00284255719TRLO0
 26/02/2025        12:19:18          1577    66.40  TRQX      00284255720TRLO0
 26/02/2025        12:19:18          1577    66.40  TRQX      00284255721TRLO0
 26/02/2025        12:19:18          141     66.40  TRQX      00284255722TRLO0
 26/02/2025        12:19:18          5588    66.40  XLON      00284255723TRLO0
 26/02/2025        12:30:59          224     66.30  BATE      00284257563TRLO0
 26/02/2025        12:30:59          9       66.30  BATE      00284257564TRLO0
 26/02/2025        13:24:50          1280    66.30  BATE      00284266612TRLO0
 26/02/2025        13:24:50          3199    66.30  CHIX      00284266613TRLO0
 26/02/2025        13:24:50          2159    66.30  CHIX      00284266614TRLO0
 26/02/2025        13:24:50          66      66.30  XLON      00284266615TRLO0
 26/02/2025        13:24:50          66      66.30  XLON      00284266616TRLO0
 26/02/2025        13:24:50          1359    66.30  XLON      00284266617TRLO0
 26/02/2025        13:24:50          1515    66.30  XLON      00284266618TRLO0
 26/02/2025        13:35:04          1515    66.20  BATE      00284268185TRLO0
 26/02/2025        13:35:04          8175    66.20  CHIX      00284268186TRLO0
 26/02/2025        14:31:33          1287    66.10  CHIX      00284279256TRLO0
 26/02/2025        14:31:34          122     66.10  BATE      00284279258TRLO0
 26/02/2025        15:01:04          1393    66.10  BATE      00284289398TRLO0
 26/02/2025        15:01:04          554     66.10  CHIX      00284289399TRLO0
 26/02/2025        15:01:04          1507    66.10  CHIX      00284289400TRLO0
 26/02/2025        15:01:04          1509    66.10  CHIX      00284289401TRLO0
 26/02/2025        15:01:04          1572    66.10  CHIX      00284289402TRLO0
 26/02/2025        15:15:14          1516    65.70  BATE      00284293563TRLO0
 26/02/2025        15:15:14          6082    65.70  CHIX      00284293564TRLO0
 26/02/2025        15:19:04          246     65.60  CHIX      00284294562TRLO0
 26/02/2025        15:30:54          139     65.60  CHIX      00284297841TRLO0
 26/02/2025        15:37:23          1944    65.60  CHIX      00284299420TRLO0
 26/02/2025        15:37:23          1510    65.60  CHIX      00284299421TRLO0
 26/02/2025        16:22:00          6638    66.10  CHIX      00284313701TRLO0
 26/02/2025        16:22:00          3774    66.10  XLON      00284313702TRLO0
 26/02/2025        16:29:17          599     66.30  AQXE      00284316539TRLO0
 26/02/2025        16:29:17          1318    66.30  XLON      00284316540TRLO0

 

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