Transaction in Own Shares

NextEnergy Solar Fund Limited

12 September 2024

 

LEI: 213800ZPHCBDDSQH5447

12 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:	11 September 2024
Number of ordinary shares purchased:	150,000
Lowest price per ordinary share (GBp):	79.40
Highest price per ordinary share (GBp):	79.80
Weighted average price per ordinary share (GBp):	79.69

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 4,393,934 of its Ordinary Shares in treasury and has 586,427,251 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 586,427,251 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	99,216	79.69
BATE	12,812	79.71
CHIX	14,006	79.68
TRQX	18,372	79.68
Aquis	5,594	79.70

Individual Transactions:

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
11/09/2024	08:28:37	512	79.80	TRQX	00267037771TRLO0
11/09/2024	08:28:37	1837	79.80	TRQX	00267037772TRLO0
11/09/2024	08:28:37	4636	79.80	XLON	00267037773TRLO0
11/09/2024	08:30:34	1504	79.60	TRQX	00267038402TRLO0
11/09/2024	08:30:34	1566	79.60	CHIX	00267038403TRLO0
11/09/2024	08:30:34	3915	79.60	XLON	00267038404TRLO0
11/09/2024	13:18:52	1504	79.80	CHIX	00267109707TRLO0
11/09/2024	13:18:52	783	79.80	BATE	00267109708TRLO0
11/09/2024	13:18:52	783	79.80	TRQX	00267109709TRLO0
11/09/2024	13:18:52	3915	79.80	XLON	00267109710TRLO0
11/09/2024	13:37:13	2349	79.50	TRQX	00267116455TRLO0
11/09/2024	13:37:13	4636	79.50	XLON	00267116456TRLO0
11/09/2024	14:46:57	2287	79.70	TRQX	00267146425TRLO0
11/09/2024	14:46:57	783	79.70	CHIX	00267146426TRLO0
11/09/2024	14:46:57	1689	79.70	TRQX	00267146427TRLO0
11/09/2024	14:46:57	1566	79.70	BATE	00267146428TRLO0
11/09/2024	14:46:57	282	79.70	CHIX	00267146429TRLO0
11/09/2024	14:46:57	2067	79.70	CHIX	00267146430TRLO0
11/09/2024	14:46:57	9396	79.70	XLON	00267146431TRLO0
11/09/2024	14:46:57	3915	79.70	XLON	00267146432TRLO0
11/09/2024	14:46:57	1930	79.70	TRQX	00267146433TRLO0
11/09/2024	14:46:57	1900	79.70	BATE	00267146434TRLO0
11/09/2024	14:46:57	1034	79.70	Aquis	00267146435TRLO0
11/09/2024	14:46:57	347	79.70	CHIX	00267146436TRLO0
11/09/2024	14:46:57	3480	79.70	XLON	00267146437TRLO0
11/09/2024	14:46:57	426	79.70	XLON	00267146438TRLO0
11/09/2024	14:46:57	659	79.70	XLON	00267146439TRLO0
11/09/2024	14:46:57	667	79.70	XLON	00267146440TRLO0
11/09/2024	14:46:59	2349	79.70	TRQX	00267146449TRLO0
11/09/2024	14:46:59	4636	79.70	XLON	00267146450TRLO0
11/09/2024	14:46:59	4557	79.70	XLON	00267146451TRLO0
11/09/2024	14:47:04	4636	79.70	XLON	00267146514TRLO0
11/09/2024	14:47:04	9396	79.70	XLON	00267146515TRLO0
11/09/2024	14:47:19	2349	79.70	XLON	00267146668TRLO0
11/09/2024	14:47:19	5604	79.70	XLON	00267146670TRLO0
11/09/2024	14:47:33	783	79.70	TRQX	00267146801TRLO0
11/09/2024	14:47:33	2287	79.70	BATE	00267146802TRLO0
11/09/2024	14:47:33	3915	79.70	XLON	00267146803TRLO0
11/09/2024	14:47:33	1868	79.70	BATE	00267146805TRLO0
11/09/2024	14:47:33	3132	79.70	XLON	00267146806TRLO0
11/09/2024	15:10:31	3070	79.60	CHIX	00267162212TRLO0
11/09/2024	15:10:31	3915	79.60	XLON	00267162213TRLO0
11/09/2024	16:13:38	159	79.40	XLON	00267200481TRLO0
11/09/2024	16:13:38	96	79.40	XLON	00267200482TRLO0
11/09/2024	16:23:47	2059	79.70	BATE	00267207119TRLO0
11/09/2024	16:23:47	2038	79.70	CHIX	00267207120TRLO0
11/09/2024	16:23:47	818	79.70	XLON	00267207121TRLO0
11/09/2024	16:23:47	8915	79.70	XLON	00267207122TRLO0
11/09/2024	16:23:47	2349	79.70	TRQX	00267207123TRLO0
11/09/2024	16:23:47	4560	79.70	Aquis	00267207124TRLO0
11/09/2024	16:23:47	2349	79.70	CHIX	00267207129TRLO0
11/09/2024	16:23:47	2349	79.70	BATE	00267207130TRLO0
11/09/2024	16:23:47	11443	79.70	XLON	00267207131TRLO0

 

END