Dividend Declaration

RNS Number : 2086O

NextEnergy Solar Fund Limited

17 August 2017

 

17 August 2017

NextEnergy Solar Fund Limited ("NESF")

Interim Dividend

NextEnergy Solar Fund Limited is pleased to announce an interim dividend of 1.605 pence per Ordinary Share for the quarter ending 30 June 2017. The interim dividend of 1.605 pence will be paid on 29 September 2017 to shareholders on the register as at the close of business on 25 August 2017.

The Company will also be offering shareholders a scrip dividend alternative to this interim dividend. A circular will be sent to shareholders later this month, and if shareholders who do not have a scrip dividend mandate in place wish to receive this interim dividend by way of new shares in the Company, elections need to be filed by 11 September 2017. If you do not have a scrip dividend mandate already in place and no action is taken, the interim dividend will be paid as cash.

For further information, please contact:

NextEnergy Capital Limited	0203 893 1500
Michael Bonte-Friedheim
Aldo Beolchini
Cantor Fitzgerald Europe	020 7894 7667
Sue Inglis
Fidante Capital	020 7832 0900
Robert Peel
Justin Zawoda-Martin
Macquarie Capital (Europe) Limited	020 3037 2000
Nick Stamp
Shore Capital	0207 408 4090
Bidhi Bhoma
Anita Ghanekar
MHP Communications	020 3128 8100
Andrew Leach
Ivana Petkova
Luke Briggs
Ipes (Guernsey) Limited	01481 713 843
Nick Robilliard

Notes to Editors:

NextEnergy Solar Fund (NESF)

NESF is a specialist investment company that invests in operating solar power plants in the UK.  Its objective is to secure attractive shareholder returns through RPI-linked dividends and long-term capital growth.  The Company achieves this by acquiring solar power plants on agricultural, industrial and commercial sites.

NESF has raised equity proceeds of £586m since its initial public offering on the main market of the London Stock Exchange in April 2014.  It also has credit facilities of £269.8m in place (£150m from a syndicate including MIDIS, NAB and CBA; MIDIS: £54.3m; Bayerische Landesbank: £43.8m; and NIBC: £21.7m).

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, providing solar asset management, monitoring and other services to over 1,300 utility-scale solar power plants with an installed capacity in excess of 1.8 GW.

Further information on NESF, NEC Group and WiseEnergy is available at www.nextenergysolarfund.com, www.nextenergycapital.com and www.wise-energy.eu.

 

END

 

 

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