REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

05/03/2025 07:00

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RNS Number : 3462Z  NextEnergy Solar Fund Limited  05 March 2025

LEI: 213800ZPHCBDDSQH5447

05 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:                                 04 March 2025
 Number of ordinary shares purchased:              100,000
 Lowest price per ordinary share (GBp):            67.50
 Highest price per ordinary share (GBp):           69.30
 Weighted average price per ordinary share (GBp):  68.41

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 13,290,247 of its Ordinary
Shares in treasury and has 577,530,938 Ordinary Shares in issue (excluding
treasury shares).

The total number of voting rights in the Company is 577,530,938 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

 Ocorian Administration (Guernsey) Limited    01481 742642
 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      2,236                                     68.10
 BATE      8,090                                     68.58
 CHIX      89,674                                    68.40

 

 

 

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 04/03/2025        08:49:56          628     68.50  CHIX      00284925193TRLO0
 04/03/2025        08:49:56          946     68.50  CHIX      00284925194TRLO0
 04/03/2025        08:50:31          1771    68.60  CHIX      00284925383TRLO0
 04/03/2025        09:11:10          1562    68.50  CHIX      00284928312TRLO0
 04/03/2025        09:35:30          1599    68.60  BATE      00284931772TRLO0
 04/03/2025        09:35:30          3726    68.60  CHIX      00284931773TRLO0
 04/03/2025        09:35:30          1611    68.60  CHIX      00284931774TRLO0
 04/03/2025        09:41:10          29      68.50  CHIX      00284932636TRLO0
 04/03/2025        09:41:10          1601    68.50  CHIX      00284932637TRLO0
 04/03/2025        11:10:19          1598    69.00  CHIX      00284946671TRLO0
 04/03/2025        11:10:20          4780    69.00  CHIX      00284946674TRLO0
 04/03/2025        11:10:26          4231    68.90  CHIX      00284946687TRLO0
 04/03/2025        11:10:26          7823    68.80  CHIX      00284946688TRLO0
 04/03/2025        11:10:26          1706    68.80  BATE      00284946689TRLO0
 04/03/2025        11:28:07          1564    69.10  CHIX      00284948690TRLO0
 04/03/2025        11:38:43          1900    69.30  CHIX      00284949826TRLO0
 04/03/2025        11:38:53          2249    69.20  CHIX      00284949830TRLO0
 04/03/2025        11:53:33          1569    69.00  BATE      00284951299TRLO0
 04/03/2025        12:07:30          1571    68.90  CHIX      00284952867TRLO0
 04/03/2025        12:10:02          1562    68.90  CHIX      00284953070TRLO0
 04/03/2025        12:13:49          1692    68.80  CHIX      00284953431TRLO0
 04/03/2025        12:27:13          1576    68.30  CHIX      00284954683TRLO0
 04/03/2025        12:49:53          1582    68.30  CHIX      00284956863TRLO0
 04/03/2025        12:49:53          1580    68.30  CHIX      00284956864TRLO0
 04/03/2025        12:57:38          1322    68.30  CHIX      00284957498TRLO0
 04/03/2025        12:57:38          1964    68.30  CHIX      00284957499TRLO0
 04/03/2025        13:30:29          1630    68.20  CHIX      00284961625TRLO0
 04/03/2025        13:30:29          630     68.20  BATE      00284961626TRLO0
 04/03/2025        13:30:29          987     68.20  BATE      00284961627TRLO0
 04/03/2025        13:30:29          1587    68.20  CHIX      00284961628TRLO0
 04/03/2025        13:39:24          782     68.20  CHIX      00284963070TRLO0
 04/03/2025        13:39:24          2410    68.20  CHIX      00284963071TRLO0
 04/03/2025        13:41:19          1611    68.20  CHIX      00284963295TRLO0
 04/03/2025        14:13:27          1600    68.40  CHIX      00284969037TRLO0
 04/03/2025        14:24:03          987     68.30  BATE      00284970363TRLO0
 04/03/2025        14:24:03          1584    68.30  CHIX      00284970364TRLO0
 04/03/2025        14:24:03          612     68.30  BATE      00284970365TRLO0
 04/03/2025        14:33:00          1589    68.20  CHIX      00284973643TRLO0
 04/03/2025        14:33:00          1054    68.20  CHIX      00284973644TRLO0
 04/03/2025        14:34:27          741     68.20  CHIX      00284974332TRLO0
 04/03/2025        14:34:27          1099    68.20  CHIX      00284974333TRLO0
 04/03/2025        14:34:27          2236    68.10  XLON      00284974335TRLO0
 04/03/2025        14:56:41          1584    68.00  CHIX      00284982699TRLO0
 04/03/2025        14:56:46          2509    68.00  CHIX      00284982739TRLO0
 04/03/2025        15:14:42          1570    68.00  CHIX      00284990882TRLO0
 04/03/2025        15:23:05          1774    67.90  CHIX      00284993741TRLO0
 04/03/2025        15:25:43          1665    67.80  CHIX      00284994747TRLO0
 04/03/2025        15:40:41          1826    68.60  CHIX      00285000482TRLO0
 04/03/2025        15:41:02          1559    68.30  CHIX      00285000619TRLO0
 04/03/2025        15:46:31          1595    67.80  CHIX      00285003048TRLO0
 04/03/2025        15:53:57          814     67.70  CHIX      00285005647TRLO0
 04/03/2025        16:03:46          759     67.70  CHIX      00285009234TRLO0
 04/03/2025        16:03:51          1654    67.60  CHIX      00285009293TRLO0
 04/03/2025        16:25:31          1854    67.50  CHIX      00285018877TRLO0
 04/03/2025        16:25:31          1599    67.50  CHIX      00285018878TRLO0
 04/03/2025        16:25:31          1934    67.50  CHIX      00285018879TRLO0
 04/03/2025        16:25:31          2423    67.50  CHIX      00285018880TRLO0

 

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