REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

07/03/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250307:nRSG7254Za&default-theme=true

RNS Number : 7254Z  NextEnergy Solar Fund Limited  07 March 2025

LEI: 213800ZPHCBDDSQH5447

07 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:                                 06 March 2025
 Number of ordinary shares purchased:              35,095
 Lowest price per ordinary share (GBp):            67.10
 Highest price per ordinary share (GBp):           67.60
 Weighted average price per ordinary share (GBp):  67.43

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 13,425,342of its Ordinary
Shares in treasury and has 577,395,843 Ordinary Shares in issue (excluding
treasury shares).

The total number of voting rights in the Company is 577,395,843 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      9,400                                     67.47
 BATE      3,414                                     67.40
 CHIX      18,039                                    67.43
 TRQX      1,414                                     67.40
 Aquis     2,828                                     67.30

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 06/03/2025        09:54:19          436     67.60  CHIX      00285330213TRLO0
 06/03/2025        09:54:19          197     67.60  BATE      00285330214TRLO0
 06/03/2025        09:54:19          6       67.60  BATE      00285330215TRLO0
 06/03/2025        09:54:19          14      67.60  CHIX      00285330216TRLO0
 06/03/2025        09:54:19          46      67.60  TRQX      00285330217TRLO0
 06/03/2025        09:54:19          1       67.60  TRQX      00285330218TRLO0
 06/03/2025        09:54:19          406     67.60  XLON      00285330219TRLO0
 06/03/2025        09:54:19          13      67.60  XLON      00285330220TRLO0
 06/03/2025        09:54:45          1753    67.60  CHIX      00285330283TRLO0
 06/03/2025        09:54:45          3066    67.60  CHIX      00285330284TRLO0
 06/03/2025        09:54:45          1112    67.60  CHIX      00285330285TRLO0
 06/03/2025        09:54:45          707     67.60  AQXE      00285330286TRLO0
 06/03/2025        09:54:45          257     67.60  CHIX      00285330287TRLO0
 06/03/2025        09:54:45          504     67.60  BATE      00285330288TRLO0
 06/03/2025        09:54:45          660     67.60  TRQX      00285330289TRLO0
 06/03/2025        09:54:45          5753    67.60  XLON      00285330290TRLO0
 06/03/2025        10:55:26          1053    67.50  CHIX      00285339950TRLO0
 06/03/2025        10:55:26          1000    67.50  CHIX      00285339951TRLO0
 06/03/2025        10:55:26          1000    67.50  BATE      00285339952TRLO0
 06/03/2025        10:55:26          1000    67.50  CHIX      00285339953TRLO0
 06/03/2025        13:00:45          1000    67.30  CHIX      00285361866TRLO0
 06/03/2025        13:00:45          1000    67.30  BATE      00285361867TRLO0
 06/03/2025        13:00:45          1000    67.30  CHIX      00285361868TRLO0
 06/03/2025        13:00:45          1000    67.30  CHIX      00285361869TRLO0
 06/03/2025        13:00:45          2762    67.30  CHIX      00285361870TRLO0
 06/03/2025        13:00:46          564     67.30  CHIX      00285361873TRLO0
 06/03/2025        13:04:42          678     67.10  CHIX      00285362480TRLO0
 06/03/2025        13:05:50          707     67.20  AQXE      00285362703TRLO0
 06/03/2025        13:05:50          1344    67.20  CHIX      00285362704TRLO0
 06/03/2025        13:05:50          707     67.20  BATE      00285362705TRLO0
 06/03/2025        13:39:33          1414    67.20  AQXE      00285368710TRLO0
 06/03/2025        13:39:33          707     67.20  TRQX      00285368711TRLO0
 06/03/2025        13:39:33          2133    67.20  XLON      00285368712TRLO0
 06/03/2025        14:01:57          1095    67.30  XLON      00285373568TRLO0

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  POSVQLFBEXLBBBV