REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

03/03/2025 07:15

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RNS Number : 9648Y  NextEnergy Solar Fund Limited  03 March 2025

LEI: 213800ZPHCBDDSQH5447

03 March 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:                                 28 February 2025
 Number of ordinary shares purchased:              100,000
 Lowest price per ordinary share (GBp):            66.00
 Highest price per ordinary share (GBp):           67.90
 Weighted average price per ordinary share (GBp):  67.45

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 13,118,701 of its Ordinary
Shares in treasury and has 577,702,484 Ordinary Shares in issue (excluding
treasury shares).

The total number of voting rights in the Company is 577,702,484 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      15,047                                    67.58
 BATE      3,659                                     67.67
 CHIX      76,620                                    67.39
 TRQX      2,686                                     67.80
 Aquis     1,988                                     67.80

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 28/02/2025        08:09:33          1693    66.00  CHIX      00284517770TRLO0
 28/02/2025        08:43:10          364     66.00  XLON      00284521949TRLO0
 28/02/2025        09:54:51          679     66.30  XLON      00284534393TRLO0
 28/02/2025        09:54:51          28      66.30  XLON      00284534394TRLO0
 28/02/2025        09:58:28          1097    66.40  XLON      00284534968TRLO0
 28/02/2025        09:58:28          46      66.40  XLON      00284534969TRLO0
 28/02/2025        11:02:24          1620    67.20  CHIX      00284547998TRLO0
 28/02/2025        11:02:24          14412   67.20  CHIX      00284547999TRLO0
 28/02/2025        11:02:24          5663    67.20  CHIX      00284548000TRLO0
 28/02/2025        11:02:24          3172    67.10  CHIX      00284548003TRLO0
 28/02/2025        11:15:09          1571    67.20  CHIX      00284550699TRLO0
 28/02/2025        11:15:11          1617    67.20  CHIX      00284550708TRLO0
 28/02/2025        11:19:16          1572    67.20  CHIX      00284551572TRLO0
 28/02/2025        11:26:56          1557    67.20  CHIX      00284553113TRLO0
 28/02/2025        11:35:00          1560    67.20  CHIX      00284554676TRLO0
 28/02/2025        11:43:36          1577    67.20  CHIX      00284556038TRLO0
 28/02/2025        11:50:02          1564    67.10  CHIX      00284557622TRLO0
 28/02/2025        11:58:18          1570    67.10  CHIX      00284559084TRLO0
 28/02/2025        14:06:07          11048   67.60  CHIX      00284585103TRLO0
 28/02/2025        14:08:23          2236    67.70  CHIX      00284585589TRLO0
 28/02/2025        14:16:13          1610    67.60  CHIX      00284587437TRLO0
 28/02/2025        14:16:16          3246    67.50  CHIX      00284587463TRLO0
 28/02/2025        14:16:16          1586    67.50  BATE      00284587464TRLO0
 28/02/2025        14:32:54          1623    67.40  CHIX      00284592728TRLO0
 28/02/2025        14:32:54          97      67.40  CHIX      00284592729TRLO0
 28/02/2025        14:32:54          1500    67.40  CHIX      00284592730TRLO0
 28/02/2025        15:18:57          392     67.70  CHIX      00284616667TRLO0
 28/02/2025        15:18:57          1216    67.70  CHIX      00284616668TRLO0
 28/02/2025        15:44:46          1608    67.80  CHIX      00284629320TRLO0
 28/02/2025        15:55:45          1612    67.80  CHIX      00284633926TRLO0
 28/02/2025        15:55:45          415     67.70  CHIX      00284633927TRLO0
 28/02/2025        16:05:52          691     67.80  AQXE      00284639908TRLO0
 28/02/2025        16:05:52          691     67.80  CHIX      00284639909TRLO0
 28/02/2025        16:05:52          691     67.80  BATE      00284639910TRLO0
 28/02/2025        16:05:52          691     67.80  TRQX      00284639911TRLO0
 28/02/2025        16:05:52          2236    67.80  XLON      00284639912TRLO0
 28/02/2025        16:05:52          208     67.80  AQXE      00284639914TRLO0
 28/02/2025        16:05:52          366     67.80  AQXE      00284639915TRLO0
 28/02/2025        16:05:52          691     67.80  CHIX      00284639916TRLO0
 28/02/2025        16:05:52          691     67.80  BATE      00284639917TRLO0
 28/02/2025        16:05:52          691     67.80  TRQX      00284639918TRLO0
 28/02/2025        16:05:52          1740    67.80  XLON      00284639919TRLO0
 28/02/2025        16:09:27          1682    67.80  CHIX      00284641735TRLO0
 28/02/2025        16:09:27          613     67.80  TRQX      00284641738TRLO0
 28/02/2025        16:09:27          396     67.80  XLON      00284641739TRLO0
 28/02/2025        16:09:27          16      67.80  XLON      00284641740TRLO0
 28/02/2025        16:09:31          3082    67.80  CHIX      00284641775TRLO0
 28/02/2025        16:09:31          691     67.80  CHIX      00284641776TRLO0
 28/02/2025        16:09:31          691     67.80  AQXE      00284641777TRLO0
 28/02/2025        16:09:31          691     67.80  BATE      00284641778TRLO0
 28/02/2025        16:09:31          691     67.80  TRQX      00284641779TRLO0
 28/02/2025        16:09:31          1824    67.80  XLON      00284641780TRLO0
 28/02/2025        16:09:49          483     67.80  CHIX      00284641953TRLO0
 28/02/2025        16:09:49          691     67.80  CHIX      00284641957TRLO0
 28/02/2025        16:11:52          32      67.90  AQXE      00284643156TRLO0
 28/02/2025        16:11:52          1382    67.80  XLON      00284643158TRLO0
 28/02/2025        16:12:09          549     67.80  CHIX      00284643365TRLO0
 28/02/2025        16:12:15          753     67.80  CHIX      00284643451TRLO0
 28/02/2025        16:12:15          142     67.80  CHIX      00284643452TRLO0
 28/02/2025        16:12:21          560     67.80  CHIX      00284643535TRLO0
 28/02/2025        16:12:21          854     67.80  CHIX      00284643536TRLO0
 28/02/2025        16:12:21          1382    67.80  XLON      00284643537TRLO0
 28/02/2025        16:12:21          3857    67.80  XLON      00284643539TRLO0

 

 

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