REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

04/03/2025 07:00

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RNS Number : 1781Z  NextEnergy Solar Fund Limited  04 March 2025

LEI: 213800ZPHCBDDSQH5447

04 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:                                 03 March 2025
 Number of ordinary shares purchased:              71,546
 Lowest price per ordinary share (GBp):            67.50
 Highest price per ordinary share (GBp):           68.40
 Weighted average price per ordinary share (GBp):  68.18

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 13,190,247 of its Ordinary
Shares in treasury and has 577,630,938 Ordinary Shares in issue (excluding
treasury shares).

The total number of voting rights in the Company is 577,630,938 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      3,145                                     68.40
 BATE      3,134                                     68.10
 CHIX      65,267                                    68.18

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 03/03/2025        08:43:04          6       68.00  CHIX      00284722744TRLO0
 03/03/2025        08:43:04          2269    68.00  CHIX      00284722745TRLO0
 03/03/2025        09:21:51          1592    67.80  CHIX      00284726770TRLO0
 03/03/2025        09:21:51          1558    67.80  BATE      00284726771TRLO0
 03/03/2025        09:21:51          1560    67.80  CHIX      00284726772TRLO0
 03/03/2025        09:21:51          82      67.80  CHIX      00284726773TRLO0
 03/03/2025        09:21:51          1497    67.80  CHIX      00284726774TRLO0
 03/03/2025        09:21:51          1600    67.80  CHIX      00284726775TRLO0
 03/03/2025        09:29:44          1558    67.50  CHIX      00284727769TRLO0
 03/03/2025        10:00:32          1575    67.60  CHIX      00284731075TRLO0
 03/03/2025        10:00:32          1571    67.60  CHIX      00284731076TRLO0
 03/03/2025        12:37:12          14578   68.10  CHIX      00284749223TRLO0
 03/03/2025        15:19:40          66      68.40  CHIX      00284816188TRLO0
 03/03/2025        15:19:40          7844    68.40  CHIX      00284816189TRLO0
 03/03/2025        15:20:32          5503    68.30  CHIX      00284817320TRLO0
 03/03/2025        15:20:32          10867   68.30  CHIX      00284817321TRLO0
 03/03/2025        15:48:07          13099   68.40  CHIX      00284840711TRLO0
 03/03/2025        15:48:07          1576    68.40  BATE      00284840712TRLO0
 03/03/2025        15:48:07          3145    68.40  XLON      00284840713TRLO0

 

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