Transaction in Own Shares

NextEnergy Solar Fund Limited

11 September 2024

 

LEI: 213800ZPHCBDDSQH5447

11 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:	10 September 2024
Number of ordinary shares purchased:	100,000
Lowest price per ordinary share (GBp):	79.40
Highest price per ordinary share (GBp):	80.40
Weighted average price per ordinary share (GBp):	80.28

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 4,243,934 of its Ordinary Shares in treasury and has 586,577,251 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 586,577,251 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	58,299	80.26
BATE	5,628	80.31
CHIX	8,596	80.26
TRQX	16,999	80.33
Aquis	10,478	80.27

Individual Transactions:

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
10/09/2024	08:00:20	6895	80.00	XLON	00266803995TRLO0
10/09/2024	08:14:55	150	79.40	Aquis	00266807545TRLO0
10/09/2024	10:46:59	95	80.20	Aquis	00266829040TRLO0
10/09/2024	11:23:57	1492	80.40	TRQX	00266834453TRLO0
10/09/2024	11:23:57	440	80.40	TRQX	00266834454TRLO0
10/09/2024	11:23:57	480	80.40	TRQX	00266834455TRLO0
10/09/2024	11:23:57	1032	80.40	XLON	00266834456TRLO0
10/09/2024	11:23:57	3451	80.40	XLON	00266834457TRLO0
10/09/2024	11:52:14	95	80.30	XLON	00266838066TRLO0
10/09/2024	12:58:50	980	80.40	CHIX	00266851977TRLO0
10/09/2024	12:58:50	804	80.40	BATE	00266851978TRLO0
10/09/2024	12:58:50	1608	80.40	XLON	00266851979TRLO0
10/09/2024	12:58:51	1111	80.40	TRQX	00266851992TRLO0
10/09/2024	12:58:51	156	80.40	TRQX	00266851993TRLO0
10/09/2024	12:58:51	1608	80.40	Aquis	00266851994TRLO0
10/09/2024	12:58:51	4020	80.40	XLON	00266851995TRLO0
10/09/2024	12:58:51	804	80.40	TRQX	00266851996TRLO0
10/09/2024	12:58:51	804	80.40	Aquis	00266851997TRLO0
10/09/2024	12:58:51	804	80.40	BATE	00266851998TRLO0
10/09/2024	12:58:51	1784	80.40	XLON	00266851999TRLO0
10/09/2024	13:09:19	1426	80.40	XLON	00266854301TRLO0
10/09/2024	13:28:35	1267	80.40	Aquis	00266858282TRLO0
10/09/2024	13:28:35	575	80.40	CHIX	00266858283TRLO0
10/09/2024	13:28:35	229	80.40	CHIX	00266858284TRLO0
10/09/2024	13:28:35	804	80.40	BATE	00266858287TRLO0
10/09/2024	13:28:38	1654	80.40	XLON	00266858294TRLO0
10/09/2024	13:28:38	751	80.40	TRQX	00266858295TRLO0
10/09/2024	13:28:38	940	80.40	XLON	00266858296TRLO0
10/09/2024	13:28:38	804	80.40	BATE	00266858297TRLO0
10/09/2024	13:28:38	804	80.40	XLON	00266858298TRLO0
10/09/2024	13:45:14	95	80.40	XLON	00266860943TRLO0
10/09/2024	14:19:57	53	80.40	XLON	00266870303TRLO0
10/09/2024	14:19:57	1378	80.40	TRQX	00266870304TRLO0
10/09/2024	14:19:57	3121	80.40	XLON	00266870305TRLO0
10/09/2024	14:20:02	1347	80.40	TRQX	00266870321TRLO0
10/09/2024	14:20:02	1267	80.40	CHIX	00266870322TRLO0
10/09/2024	14:20:02	406	80.40	TRQX	00266870323TRLO0
10/09/2024	14:20:02	4020	80.40	XLON	00266870324TRLO0
10/09/2024	14:20:03	1477	80.40	XLON	00266870325TRLO0
10/09/2024	14:20:08	261	80.40	TRQX	00266870339TRLO0
10/09/2024	14:20:08	1478	80.40	TRQX	00266870340TRLO0
10/09/2024	14:20:08	1739	80.40	XLON	00266870341TRLO0
10/09/2024	14:20:15	2875	80.40	TRQX	00266870372TRLO0
10/09/2024	14:20:15	4020	80.40	XLON	00266870373TRLO0
10/09/2024	14:20:15	306	80.40	XLON	00266870374TRLO0
10/09/2024	14:20:16	804	80.40	TRQX	00266870390TRLO0
10/09/2024	14:20:16	804	80.40	Aquis	00266870391TRLO0
10/09/2024	14:20:16	645	80.40	CHIX	00266870392TRLO0
10/09/2024	14:20:16	548	80.40	BATE	00266870393TRLO0
10/09/2024	14:20:16	256	80.40	BATE	00266870394TRLO0
10/09/2024	14:20:16	949	80.40	CHIX	00266870395TRLO0
10/09/2024	14:20:16	804	80.40	XLON	00266870396TRLO0
10/09/2024	14:59:53	2875	80.30	Aquis	00266890636TRLO0
10/09/2024	14:59:53	4020	80.30	XLON	00266890637TRLO0
10/09/2024	15:13:09	804	80.10	BATE	00266898767TRLO0
10/09/2024	15:13:09	804	80.10	CHIX	00266898768TRLO0
10/09/2024	15:13:09	1267	80.10	Aquis	00266898769TRLO0
10/09/2024	15:13:09	717	80.10	XLON	00266898770TRLO0
10/09/2024	15:13:09	3303	80.10	XLON	00266898771TRLO0
10/09/2024	16:19:10	2412	80.00	TRQX	00266931252TRLO0
10/09/2024	16:19:10	4483	80.00	XLON	00266931253TRLO0
10/09/2024	16:25:35	1274	80.10	CHIX	00266934622TRLO0
10/09/2024	16:25:35	382	80.10	CHIX	00266934623TRLO0
10/09/2024	16:25:35	804	80.10	BATE	00266934624TRLO0
10/09/2024	16:25:35	1491	80.10	CHIX	00266934625TRLO0
10/09/2024	16:25:35	399	80.10	TRQX	00266934626TRLO0
10/09/2024	16:25:35	405	80.10	TRQX	00266934627TRLO0
10/09/2024	16:25:35	1039	80.10	XLON	00266934633TRLO0
10/09/2024	16:25:35	859	80.10	Aquis	00266934637TRLO0
10/09/2024	16:25:35	5393	80.10	XLON	00266934638TRLO0
10/09/2024	16:25:36	261	80.10	Aquis	00266934640TRLO0
10/09/2024	16:25:36	488	80.10	Aquis	00266934641TRLO0

 

END