Transaction in Own Shares

NextEnergy Solar Fund Limited

15 January 2025

 

LEI: 213800ZPHCBDDSQH5447

15 January 2025

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:	14 January 2025
Number of ordinary shares purchased:	100,000
Lowest price per ordinary share (GBp):	61.80
Highest price per ordinary share (GBp):	62.40
Weighted average price per ordinary share (GBp):	62.18

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 10,761,449 its Ordinary Shares in treasury and has 580,059,736 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 580,059,736 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
Kathryn Deegan
Cavendish	020 7397 1909
Robert Peel
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	65,183	62.16
BATE	3,887	61.90
CHIX	30,930	62.26
Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
14/01/2025	10:09:18	5594	61.80	XLON	00279611864TRLO0
14/01/2025	10:09:18	5000	61.80	XLON	00279611865TRLO0
14/01/2025	10:09:56	1872	61.90	XLON	00279611909TRLO0
14/01/2025	11:05:45	3641	61.90	CHIX	00279615425TRLO0
14/01/2025	11:05:45	3887	61.90	BATE	00279615426TRLO0
14/01/2025	11:05:45	76	61.90	CHIX	00279615427TRLO0
14/01/2025	11:05:45	76	61.90	CHIX	00279615428TRLO0
14/01/2025	11:05:45	544	61.90	XLON	00279615429TRLO0
14/01/2025	11:05:45	1348	61.90	XLON	00279615430TRLO0
14/01/2025	11:05:45	1866	61.90	XLON	00279615431TRLO0
14/01/2025	11:05:45	1901	61.90	XLON	00279615432TRLO0
14/01/2025	11:05:45	5000	61.90	XLON	00279615433TRLO0
14/01/2025	11:32:48	1883	62.00	CHIX	00279619707TRLO0
14/01/2025	13:45:00	1878	62.20	CHIX	00279632249TRLO0
14/01/2025	13:45:00	2796	62.20	XLON	00279632250TRLO0
14/01/2025	14:39:32	5000	62.40	XLON	00279659490TRLO0
14/01/2025	14:39:32	2552	62.40	XLON	00279659494TRLO0
14/01/2025	14:40:35	12	62.40	CHIX	00279659988TRLO0
14/01/2025	14:40:35	10285	62.40	CHIX	00279659989TRLO0
14/01/2025	14:40:35	2448	62.40	XLON	00279659990TRLO0
14/01/2025	14:43:19	7701	62.40	XLON	00279661111TRLO0
14/01/2025	14:43:19	2552	62.40	XLON	00279661112TRLO0
14/01/2025	14:43:26	2448	62.40	XLON	00279661211TRLO0
14/01/2025	14:47:22	2731	62.40	CHIX	00279662499TRLO0
14/01/2025	14:47:22	2200	62.40	CHIX	00279662500TRLO0
14/01/2025	14:47:22	738	62.40	CHIX	00279662501TRLO0
14/01/2025	14:47:22	10571	62.30	XLON	00279662502TRLO0
14/01/2025	14:57:37	3415	62.30	CHIX	00279665922TRLO0
14/01/2025	14:57:37	2316	62.20	XLON	00279665923TRLO0
14/01/2025	14:57:37	1557	62.20	CHIX	00279665924TRLO0
14/01/2025	14:57:37	582	62.20	CHIX	00279665925TRLO0
14/01/2025	15:31:10	585	62.10	CHIX	00279678869TRLO0
14/01/2025	15:39:25	1271	62.10	CHIX	00279680583TRLO0
14/01/2025	15:39:25	1838	62.10	XLON	00279680584TRLO0
14/01/2025	16:09:27	1836	62.10	XLON	00279688569TRLO0

 

END