Transaction in Own Shares

NextEnergy Solar Fund Limited

18 December 2024

 

LEI: 213800ZPHCBDDSQH5447

18 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 Capital Europe, Limited).

Date of purchase:	17 December 2024
Number of ordinary shares purchased:	175,000
Lowest price per ordinary share (GBp):	64.60
Highest price per ordinary share (GBp):	65.80
Weighted average price per ordinary share (GBp):	65.05

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 9,777,059 of its Ordinary Shares in treasury and has 581,044,126 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 581,044,126 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 Capital Markets	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	134,875	65.02
BATE	11,035	65.14
CHIX	13,431	65.12
TRQX	6,208	65.13
Aquis	9,451	65.23

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
17/12/2024	08:39:05	1820	65.80	Aquis	00277816468TRLO0
17/12/2024	08:39:05	1768	65.80	CHIX	00277816469TRLO0
17/12/2024	08:39:05	2070	65.80	BATE	00277816470TRLO0
17/12/2024	08:58:34	2733	65.50	CHIX	00277819371TRLO0
17/12/2024	08:58:34	1770	65.50	BATE	00277819372TRLO0
17/12/2024	10:24:11	776	65.40	TRQX	00277833028TRLO0
17/12/2024	10:24:11	89	65.40	CHIX	00277833029TRLO0
17/12/2024	10:24:11	89	65.40	CHIX	00277833030TRLO0
17/12/2024	10:24:11	3104	65.40	XLON	00277833031TRLO0
17/12/2024	10:59:32	776	65.10	TRQX	00277839265TRLO0
17/12/2024	10:59:32	445	65.10	CHIX	00277839266TRLO0
17/12/2024	10:59:32	785	65.10	CHIX	00277839267TRLO0
17/12/2024	10:59:32	776	65.10	TRQX	00277839268TRLO0
17/12/2024	10:59:32	1032	65.10	BATE	00277839269TRLO0
17/12/2024	10:59:32	776	65.10	CHIX	00277839270TRLO0
17/12/2024	10:59:32	3104	65.10	Aquis	00277839271TRLO0
17/12/2024	10:59:32	9312	65.10	XLON	00277839272TRLO0
17/12/2024	10:59:32	776	65.10	Aquis	00277839273TRLO0
17/12/2024	10:59:32	3104	65.10	XLON	00277839274TRLO0
17/12/2024	10:59:32	8000	65.10	XLON	00277839276TRLO0
17/12/2024	10:59:32	7000	65.10	XLON	00277839277TRLO0
17/12/2024	10:59:32	7000	65.10	XLON	00277839279TRLO0
17/12/2024	10:59:32	1491	65.10	XLON	00277839280TRLO0
17/12/2024	10:59:32	1396	65.10	XLON	00277839281TRLO0
17/12/2024	10:59:32	1350	65.10	XLON	00277839282TRLO0
17/12/2024	10:59:38	1552	65.10	TRQX	00277839310TRLO0
17/12/2024	10:59:38	4334	65.10	XLON	00277839311TRLO0
17/12/2024	10:59:38	3763	65.10	XLON	00277839312TRLO0
17/12/2024	10:59:38	303	65.10	Aquis	00277839314TRLO0
17/12/2024	10:59:43	1552	65.10	TRQX	00277839325TRLO0
17/12/2024	10:59:43	4334	65.10	XLON	00277839326TRLO0
17/12/2024	10:59:43	14697	65.10	XLON	00277839327TRLO0
17/12/2024	11:00:08	666	65.10	Aquis	00277839397TRLO0
17/12/2024	11:18:13	2879	65.10	XLON	00277842245TRLO0
17/12/2024	11:18:13	679	65.10	XLON	00277842246TRLO0
17/12/2024	11:18:13	3287	65.10	XLON	00277842247TRLO0
17/12/2024	12:02:19	2328	65.10	XLON	00277849241TRLO0
17/12/2024	12:02:19	886	65.10	XLON	00277849242TRLO0
17/12/2024	12:02:23	2782	65.10	Aquis	00277849257TRLO0
17/12/2024	12:02:23	3104	65.10	XLON	00277849258TRLO0
17/12/2024	12:02:27	128	65.00	TRQX	00277849266TRLO0
17/12/2024	12:02:27	648	65.00	TRQX	00277849267TRLO0
17/12/2024	12:02:27	776	65.00	BATE	00277849268TRLO0
17/12/2024	12:02:27	776	65.00	CHIX	00277849269TRLO0
17/12/2024	12:02:27	2782	65.00	XLON	00277849270TRLO0
17/12/2024	12:02:33	776	65.00	XLON	00277849309TRLO0
17/12/2024	12:28:16	2089	65.20	XLON	00277852806TRLO0
17/12/2024	12:30:17	2511	65.10	XLON	00277853068TRLO0
17/12/2024	12:30:17	922	65.10	XLON	00277853069TRLO0
17/12/2024	12:31:08	2079	65.10	XLON	00277853290TRLO0
17/12/2024	14:10:55	910	64.90	CHIX	00277871085TRLO0
17/12/2024	14:10:55	1785	64.90	BATE	00277871086TRLO0
17/12/2024	14:10:55	910	64.90	CHIX	00277871087TRLO0
17/12/2024	14:10:55	3566	64.90	XLON	00277871088TRLO0
17/12/2024	14:10:55	3584	64.90	XLON	00277871089TRLO0
17/12/2024	14:10:55	3566	64.90	XLON	00277871090TRLO0
17/12/2024	14:11:06	14534	64.90	XLON	00277871117TRLO0
17/12/2024	14:20:17	2789	64.80	XLON	00277872888TRLO0
17/12/2024	14:50:01	1798	64.80	CHIX	00277888915TRLO0
17/12/2024	14:50:01	1827	64.80	BATE	00277888916TRLO0
17/12/2024	14:50:01	1906	64.80	XLON	00277888917TRLO0
17/12/2024	14:50:01	1823	64.80	XLON	00277888918TRLO0
17/12/2024	14:50:01	1802	64.80	XLON	00277888919TRLO0
17/12/2024	15:06:06	1775	64.70	BATE	00277899090TRLO0
17/12/2024	15:06:06	2923	64.70	XLON	00277899091TRLO0
17/12/2024	15:06:06	1853	64.70	XLON	00277899092TRLO0
17/12/2024	16:01:14	1231	64.60	CHIX	00277937299TRLO0
17/12/2024	16:01:14	1121	64.60	CHIX	00277937300TRLO0
17/12/2024	16:01:14	3322	64.60	XLON	00277937301TRLO0

 

END