Transaction in Own Shares

NextEnergy Solar Fund Limited

17 September 2024

 

LEI: 213800ZPHCBDDSQH5447

17 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:	16 September 2024
Number of ordinary shares purchased:	100,000
Lowest price per ordinary share (GBp):	79.40
Highest price per ordinary share (GBp):	80.20
Weighted average price per ordinary share (GBp):	79.80

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 4,624,029 of its Ordinary Shares in treasury and has 586,197,156 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 586,197,156 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	69,872	79.83
BATE	5,177	79.64
CHIX	8,505	79.68
TRQX	10,612	79.80
Aquis	5,834	79.75

Individual Transactions:

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
16/09/2024	09:19:14	666	80.20	TRQX	00267649718TRLO0
16/09/2024	09:19:14	666	80.20	Aquis	00267649719TRLO0
16/09/2024	09:19:14	666	80.20	CHIX	00267649720TRLO0
16/09/2024	09:19:14	666	80.20	BATE	00267649721TRLO0
16/09/2024	09:19:14	2336	80.20	XLON	00267649722TRLO0
16/09/2024	09:19:14	666	80.20	TRQX	00267649727TRLO0
16/09/2024	09:19:14	666	80.20	Aquis	00267649728TRLO0
16/09/2024	09:19:14	666	80.20	BATE	00267649730TRLO0
16/09/2024	09:19:14	666	80.20	CHIX	00267649731TRLO0
16/09/2024	09:19:14	4121	80.20	XLON	00267649732TRLO0
16/09/2024	09:19:14	781	80.10	XLON	00267649738TRLO0
16/09/2024	09:19:14	5000	80.00	XLON	00267649729TRLO0
16/09/2024	09:19:14	5000	80.00	XLON	00267649734TRLO0
16/09/2024	09:19:14	5000	80.00	XLON	00267649735TRLO0
16/09/2024	09:19:14	3183	80.00	XLON	00267649736TRLO0
16/09/2024	09:19:14	1036	80.00	XLON	00267649737TRLO0
16/09/2024	09:24:36	1838	79.80	Aquis	00267650405TRLO0
16/09/2024	10:12:48	324	80.00	TRQX	00267656205TRLO0
16/09/2024	10:12:48	1799	80.00	TRQX	00267656206TRLO0
16/09/2024	10:12:48	4662	80.00	XLON	00267656207TRLO0
16/09/2024	11:06:43	2123	79.90	TRQX	00267663067TRLO0
16/09/2024	11:06:43	4662	79.90	XLON	00267663068TRLO0
16/09/2024	11:17:05	3996	79.90	XLON	00267664893TRLO0
16/09/2024	11:17:10	2274	79.90	XLON	00267664913TRLO0
16/09/2024	11:22:41	488	79.90	XLON	00267665559TRLO0
16/09/2024	11:24:51	27	79.90	XLON	00267665809TRLO0
16/09/2024	14:12:21	3080	79.70	XLON	00267689012TRLO0
16/09/2024	14:12:21	1998	79.70	CHIX	00267689013TRLO0
16/09/2024	14:12:21	791	79.70	TRQX	00267689014TRLO0
16/09/2024	14:12:21	916	79.70	XLON	00267689015TRLO0
16/09/2024	14:24:00	1181	79.40	BATE	00267690942TRLO0
16/09/2024	15:11:35	2123	79.60	TRQX	00267708715TRLO0
16/09/2024	15:11:35	4662	79.60	XLON	00267708716TRLO0
16/09/2024	15:27:31	1550	79.60	CHIX	00267713857TRLO0
16/09/2024	15:27:31	1239	79.60	CHIX	00267713858TRLO0
16/09/2024	15:27:31	3996	79.60	XLON	00267713859TRLO0
16/09/2024	15:28:56	388	79.40	CHIX	00267714387TRLO0
16/09/2024	15:28:56	666	79.40	BATE	00267714388TRLO0
16/09/2024	16:18:56	673	79.50	TRQX	00267732795TRLO0
16/09/2024	16:18:56	1447	79.50	TRQX	00267732796TRLO0
16/09/2024	16:18:56	2664	79.50	Aquis	00267732797TRLO0
16/09/2024	16:18:56	904	79.50	BATE	00267732798TRLO0
16/09/2024	16:18:56	1094	79.50	BATE	00267732799TRLO0
16/09/2024	16:18:56	1998	79.50	CHIX	00267732800TRLO0
16/09/2024	16:18:59	3347	79.50	XLON	00267732808TRLO0
16/09/2024	16:18:59	487	79.50	XLON	00267732809TRLO0
16/09/2024	16:18:59	10818	79.50	XLON	00267732810TRLO0

 

END