Transaction in Own Shares

NextEnergy Solar Fund Limited

10 September 2024

 

LEI: 213800ZPHCBDDSQH5447

10 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:	09 September 2024
Number of ordinary shares purchased:	100,000
Lowest price per ordinary share (GBp):	80.40
Highest price per ordinary share (GBp):	80.40
Weighted average price per ordinary share (GBp):	80.40

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 4,143,934 of its Ordinary Shares in treasury and has 586,677,251 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 586,677,251 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	58,918	80.40
BATE	7,577	80.40
CHIX	17,448	80.40
TRQX	10,743	80.40
Aquis	5,314	80.40

Individual Transactions:

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
09/09/2024	10:20:54	375	80.40	Aquis	00266697658TRLO0
09/09/2024	11:01:37	4257	80.40	CHIX	00266703209TRLO0
09/09/2024	11:01:37	3658	80.40	XLON	00266703210TRLO0
09/09/2024	11:01:37	3702	80.40	XLON	00266703211TRLO0
09/09/2024	11:01:37	800	80.40	BATE	00266703212TRLO0
09/09/2024	11:01:37	800	80.40	CHIX	00266703213TRLO0
09/09/2024	11:01:37	800	80.40	TRQX	00266703214TRLO0
09/09/2024	11:01:37	1425	80.40	XLON	00266703215TRLO0
09/09/2024	11:01:50	1203	80.40	CHIX	00266703224TRLO0
09/09/2024	11:01:50	3647	80.40	CHIX	00266703225TRLO0
09/09/2024	11:01:50	800	80.40	XLON	00266703226TRLO0
09/09/2024	11:01:50	5000	80.40	XLON	00266703227TRLO0
09/09/2024	11:01:50	5000	80.40	XLON	00266703228TRLO0
09/09/2024	11:01:50	5000	80.40	XLON	00266703229TRLO0
09/09/2024	11:01:50	5000	80.40	XLON	00266703230TRLO0
09/09/2024	16:08:16	800	80.40	TRQX	00266764805TRLO0
09/09/2024	16:08:16	476	80.40	Aquis	00266764806TRLO0
09/09/2024	16:12:16	540	80.40	BATE	00266766347TRLO0
09/09/2024	16:12:16	324	80.40	Aquis	00266766348TRLO0
09/09/2024	16:12:16	260	80.40	BATE	00266766349TRLO0
09/09/2024	16:12:16	800	80.40	CHIX	00266766350TRLO0
09/09/2024	16:12:16	1000	80.40	TRQX	00266766351TRLO0
09/09/2024	16:12:16	800	80.40	XLON	00266766352TRLO0
09/09/2024	16:12:19	648	80.40	BATE	00266766382TRLO0
09/09/2024	16:12:19	152	80.40	BATE	00266766383TRLO0
09/09/2024	16:12:19	1000	80.40	CHIX	00266766384TRLO0
09/09/2024	16:12:19	800	80.40	TRQX	00266766385TRLO0
09/09/2024	16:12:19	800	80.40	Aquis	00266766386TRLO0
09/09/2024	16:12:19	1600	80.40	XLON	00266766387TRLO0
09/09/2024	16:12:19	800	80.40	BATE	00266766388TRLO0
09/09/2024	16:20:01	800	80.40	TRQX	00266769434TRLO0
09/09/2024	16:20:01	1000	80.40	BATE	00266769435TRLO0
09/09/2024	16:20:01	800	80.40	CHIX	00266769436TRLO0
09/09/2024	16:20:01	800	80.40	XLON	00266769437TRLO0
09/09/2024	16:20:07	800	80.40	XLON	00266769512TRLO0
09/09/2024	16:20:07	4001	80.40	XLON	00266769517TRLO0
09/09/2024	16:20:07	638	80.40	XLON	00266769518TRLO0
09/09/2024	16:20:07	361	80.40	XLON	00266769519TRLO0
09/09/2024	16:20:07	943	80.40	TRQX	00266769523TRLO0
09/09/2024	16:20:07	939	80.40	Aquis	00266769524TRLO0
09/09/2024	16:20:07	977	80.40	BATE	00266769525TRLO0
09/09/2024	16:20:07	541	80.40	CHIX	00266769526TRLO0
09/09/2024	16:20:07	589	80.40	XLON	00266769527TRLO0
09/09/2024	16:20:07	918	80.40	XLON	00266769528TRLO0
09/09/2024	16:27:04	93	80.40	XLON	00266772533TRLO0
09/09/2024	16:27:05	1244	80.40	CHIX	00266772535TRLO0
09/09/2024	16:27:09	800	80.40	Aquis	00266772553TRLO0
09/09/2024	16:27:09	556	80.40	CHIX	00266772554TRLO0
09/09/2024	16:27:09	2400	80.40	XLON	00266772555TRLO0
09/09/2024	16:27:09	800	80.40	TRQX	00266772556TRLO0
09/09/2024	16:27:09	1600	80.40	XLON	00266772557TRLO0
09/09/2024	16:27:10	800	80.40	BATE	00266772566TRLO0
09/09/2024	16:27:10	1000	80.40	CHIX	00266772567TRLO0
09/09/2024	16:27:15	800	80.40	CHIX	00266772586TRLO0
09/09/2024	16:27:15	800	80.40	TRQX	00266772587TRLO0
09/09/2024	16:27:15	800	80.40	BATE	00266772588TRLO0
09/09/2024	16:27:15	1600	80.40	XLON	00266772589TRLO0
09/09/2024	16:27:21	1000	80.40	XLON	00266772619TRLO0
09/09/2024	16:27:24	800	80.40	XLON	00266772626TRLO0
09/09/2024	16:27:24	800	80.40	Aquis	00266772628TRLO0
09/09/2024	16:27:24	800	80.40	TRQX	00266772629TRLO0
09/09/2024	16:27:24	1600	80.40	XLON	00266772630TRLO0
09/09/2024	16:27:30	800	80.40	TRQX	00266772653TRLO0
09/09/2024	16:27:30	1000	80.40	XLON	00266772654TRLO0
09/09/2024	16:27:30	800	80.40	TRQX	00266772656TRLO0
09/09/2024	16:27:30	800	80.40	CHIX	00266772657TRLO0
09/09/2024	16:27:30	800	80.40	BATE	00266772658TRLO0
09/09/2024	16:27:30	1800	80.40	XLON	00266772659TRLO0
09/09/2024	16:27:36	800	80.40	XLON	00266772714TRLO0
09/09/2024	16:27:36	800	80.40	Aquis	00266772716TRLO0
09/09/2024	16:27:36	800	80.40	TRQX	00266772717TRLO0
09/09/2024	16:27:36	1600	80.40	XLON	00266772718TRLO0
09/09/2024	16:27:42	800	80.40	TRQX	00266772744TRLO0
09/09/2024	16:27:42	1000	80.40	XLON	00266772745TRLO0
09/09/2024	16:27:42	2400	80.40	XLON	00266772746TRLO0
09/09/2024	16:27:45	1133	80.40	XLON	00266772757TRLO0

 

END