Dividend Declaration

RNS Number : 8062O
NextEnergy Solar Fund Limited
10 November 2016
 

10 November 2016

NextEnergy Solar Fund Limited ("NESF")

Interim Dividend

NextEnergy Solar Fund Limited is pleased to announce an interim dividend of 1.5775 pence per Ordinary Share for the quarter ending 30 September 2016. The interim dividend of 1.5775 pence will be paid on 30 December 2016 to shareholders on the register as at the close of business on 18 November 2016. 

The Company will also be offering shareholders a scrip dividend alternative to this interim dividend as detailed in the Scrip Circular dated 25 August 2016, a copy of which can be viewed and/or downloaded from 'Circulars' in the Investor Relations part of the NextEnergy Solar Fund Limited's website (www.nextenergysolarfund.com).

Elections forms will be sent to shareholders later this month, and if shareholders wish to receive all or part of this interim dividend by way of new shares in the Company, election forms need to be filed by 5.00pm on 5 December 2016. If no action is taken, the interim dividend will be paid as cash.

For further information, please contact:

NextEnergy Capital Limited

020 3239 9054

Michael Bonte-Friedheim


Aldo Beolchini




Cantor Fitzgerald Europe

020 7894 7667

Sue Inglis




Shore Capital

020 7408 4090

Bidhi Bhoma


Anita Ghanekar




MHP Communications

020 3128 8100

Andrew Leach


Jamie Ricketts

Rebecca Emery




Macquarie Capital (Europe) Limited

Nick Stamp

 

020 3037 2000

 

Fidante                                                                 
Robert Peel

Justin Zawoda-Martin

020 7832 0983



Ipes (Guernsey) Limited

01481 713 843

Nick Robilliard


 

Notes to Editors:

NextEnergy Solar Fund

NextEnergy Solar Fund (www.nextenergysolarfund.com) is a specialist investment fund focused on operational solar photovoltaic ("PV") assets located in the UK.  The Company intends to provide investors with a sustainable and attractive dividend that increases in line with RPI over the long term and an element of capital growth through the re-investment of net cash generated in excess of the target dividend.

NESF has raised equity proceeds of approximately £350m since its initial public offering on the main market of the London Stock Exchange in April 2014.  It also has credit facilities of £210.0m in place (Macquarie and Santander: £88.5m of which £43.0m drawn, MIDIS: £54.9m, Bayerische Landesbank: £44.9m and NIBC: £21.7m).


Further information on NextEnergy Capital and WiseEnergy is available at
www.nextenergycapital.com and www.wise-energy.eu.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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