Transaction in Own Shares

NextEnergy Solar Fund Limited

06 September 2024

 

LEI: 213800ZPHCBDDSQH5447

06 September 2024

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 September 2024
Number of ordinary shares purchased:	89,590
Lowest price per ordinary share (GBp):	79.90
Highest price per ordinary share (GBp):	80.50
Weighted average price per ordinary share (GBp):	80.11

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 3,967,092 of its Ordinary Shares in treasury and has 586,854,093 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 586,854,093 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 Michael Bonte-Friedheim	020 3746 0700 [e-mail]
Ross Grier
Stephen Rosser
Peter Hamid (Investor Relations)
RBC Europe Limited	020 7653 4000
Matthew Coakes
Elizabeth Evans Kathryn Deegan
Cavendish	020 7397 1909
James King
William Talkington
H/Advisors Maitland	020 7379 5151
Neil Bennett
Finlay Donaldson
Ocorian Administration (Guernsey) Limited	01481 742642
Kevin Smith

Notes to Editors¹:

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 and is a FTSE 250 constituent.

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 30 June 2024, the Company had an unaudited gross asset value of £1,124m.  For further information please visit www.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.  Since its inception, it 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 17 years of specialist solar expertise having invested in over 460 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 $4.3bn.  More information is available at 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 1,500 utility-scale solar power plants with an installed capacity in excess of 2.5GW.  More information is available at 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

Notes:

^1: All financial data is unaudited at 30 June 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	60,393	80.11
BATE	2,535	80.20
CHIX	13,268	80.06
TRQX	7,605	80.13
Aquis	5,789	80.10

Individual Transactions:

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
05/09/2024	09:23:01	5007	80.20	XLON	00266449156TRLO0
05/09/2024	10:08:40	1690	80.20	XLON	00266457272TRLO0
05/09/2024	10:09:08	608	80.00	Aquis	00266457336TRLO0
05/09/2024	10:09:08	4225	80.00	XLON	00266457337TRLO0
05/09/2024	10:09:08	845	80.00	TRQX	00266457347TRLO0
05/09/2024	10:09:08	1019	80.00	Aquis	00266457350TRLO0
05/09/2024	10:20:21	976	79.90	CHIX	00266459746TRLO0
05/09/2024	10:20:21	1496	79.90	CHIX	00266459747TRLO0
05/09/2024	10:20:21	2821	79.90	XLON	00266459748TRLO0
05/09/2024	10:20:21	1404	79.90	XLON	00266459749TRLO0
05/09/2024	12:42:14	845	79.90	CHIX	00266488490TRLO0
05/09/2024	12:42:18	845	80.10	TRQX	00266488532TRLO0
05/09/2024	12:42:18	845	80.10	Aquis	00266488533TRLO0
05/09/2024	12:42:18	845	80.10	BATE	00266488534TRLO0
05/09/2024	12:42:18	845	80.10	CHIX	00266488535TRLO0
05/09/2024	12:42:18	3317	80.10	XLON	00266488536TRLO0
05/09/2024	12:42:22	2472	80.10	CHIX	00266488564TRLO0
05/09/2024	12:42:22	4225	80.10	XLON	00266488565TRLO0
05/09/2024	12:44:42	1690	80.50	TRQX	00266489031TRLO0
05/09/2024	12:44:42	5007	80.50	XLON	00266489032TRLO0
05/09/2024	13:02:20	845	80.30	TRQX	00266492926TRLO0
05/09/2024	13:02:20	845	80.30	BATE	00266492927TRLO0
05/09/2024	13:02:20	845	80.30	CHIX	00266492928TRLO0
05/09/2024	13:02:20	845	80.30	Aquis	00266492929TRLO0
05/09/2024	13:02:20	95	80.30	XLON	00266492930TRLO0
05/09/2024	13:02:20	3222	80.30	XLON	00266492931TRLO0
05/09/2024	13:37:50	313	80.10	CHIX	00266501522TRLO0
05/09/2024	13:37:50	5007	80.10	XLON	00266501523TRLO0
05/09/2024	13:37:53	845	80.10	Aquis	00266501548TRLO0
05/09/2024	13:37:53	532	80.10	CHIX	00266501549TRLO0
05/09/2024	13:59:55	1627	80.10	Aquis	00266506834TRLO0
05/09/2024	13:59:55	4225	80.10	XLON	00266506835TRLO0
05/09/2024	13:59:55	845	80.10	CHIX	00266506836TRLO0
05/09/2024	14:00:05	639	80.00	CHIX	00266506934TRLO0
05/09/2024	14:00:05	4225	80.00	XLON	00266506935TRLO0
05/09/2024	14:00:05	1833	80.00	CHIX	00266506939TRLO0
05/09/2024	14:08:25	112	79.90	TRQX	00266509391TRLO0
05/09/2024	14:16:06	1300	79.90	XLON	00266511152TRLO0
05/09/2024	14:16:06	3707	79.90	XLON	00266511159TRLO0
05/09/2024	14:16:06	1578	79.90	TRQX	00266511162TRLO0
05/09/2024	15:20:02	845	80.20	BATE	00266535731TRLO0
05/09/2024	15:20:02	1627	80.20	CHIX	00266535732TRLO0
05/09/2024	15:20:02	4225	80.20	XLON	00266535733TRLO0
05/09/2024	15:37:08	1690	80.00	TRQX	00266541743TRLO0
05/09/2024	15:37:08	5007	80.00	XLON	00266541744TRLO0
05/09/2024	16:10:48	1350	80.10	XLON	00266555040TRLO0
05/09/2024	16:10:48	239	80.10	XLON	00266555041TRLO0
05/09/2024	16:10:48	15	80.10	XLON	00266555042TRLO0
05/09/2024	16:10:48	80	80.10	XLON	00266555043TRLO0

 

END