REG - NextEnergy SolFnd Ld - Total Voting Rights

NextEnergy Solar FundAnnouncement

01/07/2020 10:55

RNS Number : 7150R
  
NextEnergy Solar Fund Limited
  
01 July 2020
  
 

 
 
 
1 July 2020
 
NextEnergy Solar Fund Limited 

("NESF" or the "Company")
 
TOTAL VOTING RIGHTS
 
In conformity with the FCA's Disclosure Guidance and Transparency Rules (the "Rules") provision 5.6.1, the Company would like to notify the market that as at 30 June 2020 its issued share capital consisted of 584,935,046 ordinary shares of no par value.
 
There are no ordinary shares held in Treasury.  
 
Therefore the total number of voting rights in the Company is 584,935,046 and this number may be used as the denominator for the calculations by which shareholders will determine if they are required to notify their interest in, or a change to their interest, in the Company, under the Rules.
 
 
For further information:
 



NextEnergy Capital Limited


020 3746 0700




Michael Bonte-Friedheim








Aldo Beolchini


















Cenkos Securities Plc


020 7397 8900




Justin Zawoda-Martin

Robert Naylor

William Talkington


















Shore Capital


020 7408 4090




Anita Ghanekar
Darren Vickers


















MHP Communications


020 3128 8734




Oliver Hughes
Giles Robinson
Ailsa Prestige
 




Apex Fund and Corporate Services (Guernsey) Limited


01481 735 827




Nick Robilliard
 



 
Notes to Editors[i]:
 
A constituent of the FTSE 250 Index, NextEnergy Solar Fund ("NESF") is a renewable energy infrastructure investment company that invests primarily in operating solar power plants in the UK (it may invest up to 15% of its gross assets in other OECD countries). The Company is committed to ESG principles and responsible investment and makes a meaningful contribution to reducing CO2e emissions through the generation of clean solar power.  NESF has been designated a Guernsey Green Fund by the Guernsey Financial Services Commission and has been awarded the London Stock Exchange's Green Economy Mark.
 
NESF has a diversified portfolio comprising 90 operating solar assets, primarily on agricultural, industrial and commercial sites, with a combined installed power capacity in excess of 755MW. As at 31 March 2020, the Company has gross assets of £991 million, of which 88% is invested in the UK, and net assets of £579 million. The majority of long-term cash flows from its investments are inflation-linked.
 
NESF'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 primarily UK-based solar energy infrastructure assets. The dividend is payable quarterly, and the Company has announced a dividend target for the year ending 31 March 2021 of 7.05p per ordinary share. 
 
NESF is differentiated by its access to NextEnergy Capital Group ("NEC Group"), its Investment Manager, which has a strong track record in sourcing, acquiring and managing operating solar assets.  WiseEnergy is NEC Group's specialist operating asset management division, which since its founding has provided operating asset management, monitoring, technical due diligence and other services to over 1,500 utility-scale solar power plants with an installed capacity in excess of 1.7 GW.
 
Further information on NESF, NEC Group and WiseEnergy is available at nextenergysolarfund.com, nextenergycapital.com and wise-energy.eu.
 
[1] Note: All data is as at 31 March 2020, being the latest date in respect of which NESF has published financial information.
 


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