REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

06/03/2025 07:00

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RNS Number : 5409Z  NextEnergy Solar Fund Limited  06 March 2025

LEI: 213800ZPHCBDDSQH5447

06 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:                                 05 March 2025
 Number of ordinary shares purchased:              100,000
 Lowest price per ordinary share (GBp):            67.60
 Highest price per ordinary share (GBp):           68.50
 Weighted average price per ordinary share (GBp):  68.10

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 13,390,247 of its Ordinary
Shares in treasury and has 577,430,938 Ordinary Shares in issue (excluding
treasury shares).

The total number of voting rights in the Company is 577,430,938 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      3,179                                     68.10
 BATE      6,416                                     68.28
 CHIX      87,412                                    68.09
 Aquis     2,993                                     68.10

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 05/03/2025        08:15:01          1710    68.50  CHIX      00285070342TRLO0
 05/03/2025        08:53:56          1588    68.40  BATE      00285080180TRLO0
 05/03/2025        08:53:56          1598    68.40  CHIX      00285080181TRLO0
 05/03/2025        08:53:56          1574    68.40  CHIX      00285080182TRLO0
 05/03/2025        11:29:03          1616    68.50  CHIX      00285123657TRLO0
 05/03/2025        11:29:03          3210    68.50  CHIX      00285123658TRLO0
 05/03/2025        11:29:03          2631    68.50  CHIX      00285123659TRLO0
 05/03/2025        11:29:03          633     68.50  CHIX      00285123660TRLO0
 05/03/2025        11:44:29          1626    68.50  CHIX      00285127392TRLO0
 05/03/2025        11:44:29          5072    68.50  CHIX      00285127393TRLO0
 05/03/2025        11:56:12          13273   68.50  CHIX      00285130725TRLO0
 05/03/2025        11:56:12          1625    68.50  BATE      00285130726TRLO0
 05/03/2025        11:56:48          3392    68.40  CHIX      00285130888TRLO0
 05/03/2025        12:39:13          1582    68.30  CHIX      00285141209TRLO0
 05/03/2025        12:39:13          1454    68.30  CHIX      00285141210TRLO0
 05/03/2025        12:39:13          128     68.30  CHIX      00285141211TRLO0
 05/03/2025        12:39:13          1588    68.30  CHIX      00285141212TRLO0
 05/03/2025        12:39:13          2993    68.10  AQXE      00285141213TRLO0
 05/03/2025        14:25:52          1611    68.10  CHIX      00285171227TRLO0
 05/03/2025        14:25:52          1615    68.10  BATE      00285171228TRLO0
 05/03/2025        14:25:52          1588    68.10  BATE      00285171229TRLO0
 05/03/2025        14:25:52          3213    68.10  CHIX      00285171230TRLO0
 05/03/2025        14:25:52          3       68.10  XLON      00285171231TRLO0
 05/03/2025        14:25:52          42      68.10  XLON      00285171232TRLO0
 05/03/2025        14:25:52          3134    68.10  XLON      00285171233TRLO0
 05/03/2025        14:27:10          6444    68.00  CHIX      00285172053TRLO0
 05/03/2025        14:27:10          9       68.00  CHIX      00285172054TRLO0
 05/03/2025        14:27:18          2616    67.90  CHIX      00285172195TRLO0
 05/03/2025        15:39:47          3723    67.60  CHIX      00285239285TRLO0
 05/03/2025        16:23:22          1584    67.70  CHIX      00285274104TRLO0
 05/03/2025        16:23:22          3256    67.70  CHIX      00285274105TRLO0
 05/03/2025        16:23:22          1625    67.70  CHIX      00285274106TRLO0
 05/03/2025        16:23:22          1401    67.70  CHIX      00285274107TRLO0
 05/03/2025        16:23:22          3211    67.70  CHIX      00285274108TRLO0
 05/03/2025        16:23:22          2800    67.70  CHIX      00285274109TRLO0
 05/03/2025        16:23:22          85      67.70  CHIX      00285274110TRLO0
 05/03/2025        16:23:24          14747   67.60  CHIX      00285274132TRLO0

 

 

 

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