Transaction in Own Shares

NextEnergy Solar Fund Limited

21 January 2025

 

LEI: 213800ZPHCBDDSQH5447

21 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:	20 January 2025
Number of ordinary shares purchased:	100,000
Lowest price per ordinary share (GBp):	64.70
Highest price per ordinary share (GBp):	65.00
Weighted average price per ordinary share (GBp):	64.92

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 11,146,099 its Ordinary Shares in treasury and has 579,675,086 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 579,675,086 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	43,743	64.94
BATE	12,379	64.92
CHIX	32,907	64.90
TRQX	10,971	64.90

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
20/01/2025	08:44:50	2113	65.00	CHIX	00280191801TRLO0
20/01/2025	08:44:50	2065	65.00	XLON	00280191802TRLO0
20/01/2025	09:17:45	2229	64.80	CHIX	00280193900TRLO0
20/01/2025	09:18:45	525	64.80	CHIX	00280193965TRLO0
20/01/2025	09:18:45	183	64.80	CHIX	00280193966TRLO0
20/01/2025	09:18:45	707	64.80	XLON	00280193967TRLO0
20/01/2025	09:18:46	1345	64.80	XLON	00280193969TRLO0
20/01/2025	09:18:46	45	64.80	CHIX	00280193970TRLO0
20/01/2025	09:20:03	1765	64.70	CHIX	00280194055TRLO0
20/01/2025	09:20:03	267	64.70	CHIX	00280194056TRLO0
20/01/2025	09:20:03	53	64.70	CHIX	00280194057TRLO0
20/01/2025	10:13:33	50	64.90	CHIX	00280198500TRLO0
20/01/2025	10:18:25	4	64.90	CHIX	00280198982TRLO0
20/01/2025	10:19:53	13	64.90	CHIX	00280199107TRLO0
20/01/2025	10:51:24	2082	65.00	CHIX	00280201270TRLO0
20/01/2025	10:51:24	4564	65.00	XLON	00280201271TRLO0
20/01/2025	10:51:24	1615	65.00	XLON	00280201272TRLO0
20/01/2025	11:56:57	2080	65.00	CHIX	00280206211TRLO0
20/01/2025	11:56:57	2068	65.00	BATE	00280206212TRLO0
20/01/2025	11:56:57	2069	65.00	XLON	00280206213TRLO0
20/01/2025	11:56:57	4123	65.00	XLON	00280206214TRLO0
20/01/2025	11:56:57	4082	65.00	XLON	00280206215TRLO0
20/01/2025	13:14:43	2058	64.90	BATE	00280213530TRLO0
20/01/2025	13:14:43	4374	64.90	CHIX	00280213531TRLO0
20/01/2025	13:14:43	2046	64.90	XLON	00280213532TRLO0
20/01/2025	13:14:43	2121	64.90	XLON	00280213533TRLO0
20/01/2025	13:14:43	2052	64.90	XLON	00280213534TRLO0
20/01/2025	14:00:00	2031	64.90	BATE	00280219219TRLO0
20/01/2025	14:00:00	2412	64.90	CHIX	00280219220TRLO0
20/01/2025	14:00:00	2036	64.90	XLON	00280219221TRLO0
20/01/2025	14:00:00	2061	64.90	XLON	00280219222TRLO0
20/01/2025	14:53:42	3859	64.90	CHIX	00280225378TRLO0
20/01/2025	14:53:42	2102	64.90	XLON	00280225379TRLO0
20/01/2025	14:53:42	2077	64.90	BATE	00280225380TRLO0
20/01/2025	14:53:42	2103	64.90	XLON	00280225381TRLO0
20/01/2025	14:53:42	2096	64.90	XLON	00280225382TRLO0
20/01/2025	15:15:47	2115	64.90	BATE	00280228016TRLO0
20/01/2025	15:15:47	2384	64.90	CHIX	00280228017TRLO0
20/01/2025	15:15:47	2084	64.90	CHIX	00280228018TRLO0
20/01/2025	15:20:03	2251	64.90	CHIX	00280228670TRLO0
20/01/2025	15:39:29	1906	64.90	CHIX	00280230700TRLO0
20/01/2025	15:50:00	98	64.90	CHIX	00280231869TRLO0
20/01/2025	16:01:19	42	64.90	CHIX	00280233471TRLO0
20/01/2025	16:01:19	2030	64.90	BATE	00280233472TRLO0
20/01/2025	16:01:19	2088	64.90	CHIX	00280233473TRLO0
20/01/2025	16:01:19	2061	64.90	XLON	00280233474TRLO0
20/01/2025	16:16:53	1409	64.90	TRQX	00280235707TRLO0
20/01/2025	16:16:53	3985	64.90	TRQX	00280235708TRLO0
20/01/2025	16:18:00	5577	64.90	TRQX	00280236093TRLO0
20/01/2025	16:18:00	4495	64.90	XLON	00280236094TRLO0

 

END