Transaction in Own Shares

NextEnergy Solar Fund Limited

20 December 2024

 

LEI: 213800ZPHCBDDSQH5447

20 December 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:	19 December 2024
Number of ordinary shares purchased:	124,838
Lowest price per ordinary share (GBp):	64.00
Highest price per ordinary share (GBp):	64.90
Weighted average price per ordinary share (GBp):	64.57

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 10,020,834 of its Ordinary Shares in treasury and has 580,800,351 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 580,800,351 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
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 London Stock Exchange.

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 September 2024, the Company had an unaudited gross asset value of £1,104m.  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 September 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	91,838	64.57
BATE	9,126	64.65
CHIX	23,874	64.52

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
19/12/2024	08:01:03	2080	64.10	CHIX	00278135213TRLO0
19/12/2024	09:28:30	1759	64.90	CHIX	00278145890TRLO0
19/12/2024	09:28:30	3529	64.90	XLON	00278145891TRLO0
19/12/2024	09:28:30	1807	64.80	BATE	00278145892TRLO0
19/12/2024	09:28:30	1775	64.80	CHIX	00278145893TRLO0
19/12/2024	09:28:30	3540	64.80	XLON	00278145894TRLO0
19/12/2024	09:43:16	373	64.60	CHIX	00278147345TRLO0
19/12/2024	09:43:16	373	64.60	CHIX	00278147346TRLO0
19/12/2024	09:43:16	122	64.60	XLON	00278147347TRLO0
19/12/2024	09:43:16	1538	64.60	XLON	00278147348TRLO0
19/12/2024	09:43:16	122	64.60	XLON	00278147349TRLO0
19/12/2024	09:43:16	4	64.60	XLON	00278147350TRLO0
19/12/2024	09:57:56	1795	64.60	BATE	00278148988TRLO0
19/12/2024	09:57:56	1081	64.60	CHIX	00278148989TRLO0
19/12/2024	09:57:56	1790	64.60	XLON	00278148990TRLO0
19/12/2024	10:00:19	3942	64.40	XLON	00278149257TRLO0
19/12/2024	10:00:55	1809	64.40	CHIX	00278149340TRLO0
19/12/2024	10:00:55	350	64.40	CHIX	00278149341TRLO0
19/12/2024	10:01:18	2882	64.20	XLON	00278149372TRLO0
19/12/2024	10:52:17	1805	64.10	CHIX	00278154731TRLO0
19/12/2024	10:52:17	1806	64.10	BATE	00278154732TRLO0
19/12/2024	10:52:17	1816	64.10	XLON	00278154733TRLO0
19/12/2024	11:06:08	122	64.00	BATE	00278155961TRLO0
19/12/2024	11:34:53	1805	64.20	CHIX	00278158691TRLO0
19/12/2024	11:34:53	3571	64.20	XLON	00278158692TRLO0
19/12/2024	11:34:53	3574	64.20	XLON	00278158693TRLO0
19/12/2024	11:57:50	3912	64.20	XLON	00278160956TRLO0
19/12/2024	13:11:25	10518	64.20	XLON	00278167712TRLO0
19/12/2024	14:53:50	3792	64.50	CHIX	00278187283TRLO0
19/12/2024	14:53:57	3338	64.50	CHIX	00278187323TRLO0
19/12/2024	14:53:57	5172	64.50	XLON	00278187324TRLO0
19/12/2024	14:53:57	8838	64.50	XLON	00278187325TRLO0
19/12/2024	14:53:57	7116	64.50	XLON	00278187326TRLO0
19/12/2024	16:19:13	516	64.90	BATE	00278217456TRLO0
19/12/2024	16:19:13	559	64.90	BATE	00278217457TRLO0
19/12/2024	16:19:13	2521	64.90	BATE	00278217458TRLO0
19/12/2024	16:19:13	2052	64.90	CHIX	00278217459TRLO0
19/12/2024	16:19:13	651	64.90	CHIX	00278217460TRLO0
19/12/2024	16:19:13	831	64.90	CHIX	00278217461TRLO0
19/12/2024	16:19:13	6023	64.90	XLON	00278217462TRLO0
19/12/2024	16:19:13	3300	64.90	XLON	00278217463TRLO0
19/12/2024	16:19:13	3554	64.90	XLON	00278217464TRLO0
19/12/2024	16:19:13	16935	64.90	XLON	00278217465TRLO0
19/12/2024	16:25:52	40	64.70	XLON	00278220609TRLO0

 

END