Transaction in Own Shares

NextEnergy Solar Fund Limited

27 September 2024

 

LEI: 213800ZPHCBDDSQH5447

27 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:	26 September 2024
Number of ordinary shares purchased:	50,907
Lowest price per ordinary share (GBp):	77.20
Highest price per ordinary share (GBp):	78.60
Weighted average price per ordinary share (GBp):	78.44

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 5,440,256 of its Ordinary Shares in treasury and has 585,380,929 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 585,380,929 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	35,214	78.47
BATE	3,208	78.42
CHIX	3,200	78.13
TRQX	5,000	78.47
Aquis	4,285	78.40

Individual Transactions:

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
26/09/2024	08:48:35	65	77.20	CHIX	00268752959TRLO0
26/09/2024	09:10:34	609	77.50	XLON	00268758113TRLO0
26/09/2024	09:21:34	328	77.50	CHIX	00268760843TRLO0
26/09/2024	12:54:47	1040	78.00	XLON	00268802844TRLO0
26/09/2024	12:54:47	591	77.90	TRQX	00268802842TRLO0
26/09/2024	12:54:47	591	77.90	CHIX	00268802843TRLO0
26/09/2024	13:10:44	591	78.20	BATE	00268805958TRLO0
26/09/2024	13:18:43	591	78.20	TRQX	00268807508TRLO0
26/09/2024	13:18:43	1034	78.20	CHIX	00268807509TRLO0
26/09/2024	13:18:43	3546	78.20	XLON	00268807510TRLO0
26/09/2024	13:18:43	111	78.20	Aquis	00268807511TRLO0
26/09/2024	13:18:43	420	78.20	Aquis	00268807512TRLO0
26/09/2024	13:18:43	863	78.20	BATE	00268807513TRLO0
26/09/2024	13:18:43	591	78.20	CHIX	00268807514TRLO0
26/09/2024	13:18:43	2364	78.20	XLON	00268807515TRLO0
26/09/2024	13:18:43	591	78.20	Aquis	00268807516TRLO0
26/09/2024	13:18:43	2585	78.20	XLON	00268807518TRLO0
26/09/2024	13:33:30	1021	78.20	Aquis	00268811301TRLO0
26/09/2024	14:06:04	97	78.40	Aquis	00268821196TRLO0
26/09/2024	14:17:50	3546	78.60	XLON	00268824374TRLO0
26/09/2024	14:17:50	2955	78.60	XLON	00268824375TRLO0
26/09/2024	14:18:09	4137	78.60	XLON	00268824470TRLO0
26/09/2024	14:18:09	2045	78.60	XLON	00268824472TRLO0
26/09/2024	14:46:02	2216	78.60	XLON	00268835367TRLO0
26/09/2024	14:46:02	2045	78.60	TRQX	00268835368TRLO0
26/09/2024	14:46:02	2955	78.60	XLON	00268835369TRLO0
26/09/2024	15:17:59	97	78.60	XLON	00268851238TRLO0
26/09/2024	15:19:02	1176	78.60	XLON	00268851601TRLO0
26/09/2024	15:19:02	97	78.60	XLON	00268851602TRLO0
26/09/2024	15:23:00	591	78.60	TRQX	00268853216TRLO0
26/09/2024	15:23:00	591	78.60	CHIX	00268853217TRLO0
26/09/2024	15:23:00	591	78.60	TRQX	00268853218TRLO0
26/09/2024	15:23:00	591	78.60	BATE	00268853219TRLO0
26/09/2024	15:23:00	1857	78.60	XLON	00268853220TRLO0
26/09/2024	15:23:00	591	78.60	BATE	00268853221TRLO0
26/09/2024	15:23:00	3989	78.60	XLON	00268853222TRLO0
26/09/2024	15:23:01	591	78.60	Aquis	00268853224TRLO0
26/09/2024	15:23:01	591	78.60	Aquis	00268853226TRLO0
26/09/2024	15:23:01	591	78.60	TRQX	00268853227TRLO0
26/09/2024	15:23:01	863	78.60	Aquis	00268853228TRLO0
26/09/2024	15:23:01	376	78.60	BATE	00268853229TRLO0
26/09/2024	15:23:01	196	78.60	BATE	00268853230TRLO0

 

END