Transaction in Own Shares

NextEnergy Solar Fund Limited

07 January 2025

 

LEI: 213800ZPHCBDDSQH5447

07 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:	06 January 2025
Number of ordinary shares purchased:	81,512
Lowest price per ordinary share (GBp):	66.00
Highest price per ordinary share (GBp):	67.20
Weighted average price per ordinary share (GBp):	66.80

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 10,170,915 its Ordinary Shares in treasury and has 580,650,270 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 580,650,270 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
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	72,123	66.81
BATE	5,627	66.97
CHIX	3,762	66.45
Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
06/01/2025	08:56:33	1885	66.60	XLON	00279009889TRLO0
06/01/2025	09:12:16	1907	66.60	XLON	00279011528TRLO0
06/01/2025	09:12:16	1873	66.60	XLON	00279011529TRLO0
06/01/2025	09:12:18	1996	66.40	XLON	00279011534TRLO0
06/01/2025	09:12:18	3255	66.40	XLON	00279011535TRLO0
06/01/2025	10:29:04	452	66.50	BATE	00279017709TRLO0
06/01/2025	10:29:04	1420	66.50	BATE	00279017710TRLO0
06/01/2025	10:29:04	465	66.50	CHIX	00279017711TRLO0
06/01/2025	10:29:04	1431	66.50	CHIX	00279017712TRLO0
06/01/2025	10:29:04	1870	66.50	XLON	00279017713TRLO0
06/01/2025	10:29:06	1914	66.50	XLON	00279017715TRLO0
06/01/2025	10:30:37	1885	66.30	XLON	00279017839TRLO0
06/01/2025	12:30:33	3755	67.20	BATE	00279030034TRLO0
06/01/2025	12:30:33	15421	67.20	XLON	00279030035TRLO0
06/01/2025	13:37:00	1736	67.00	XLON	00279041105TRLO0
06/01/2025	13:37:00	645	67.00	XLON	00279041106TRLO0
06/01/2025	13:37:00	1872	67.00	XLON	00279041107TRLO0
06/01/2025	13:37:00	1899	67.00	XLON	00279041108TRLO0
06/01/2025	13:37:00	1913	67.00	XLON	00279041109TRLO0
06/01/2025	13:37:00	5460	67.00	XLON	00279041110TRLO0
06/01/2025	14:17:43	1918	66.90	XLON	00279048834TRLO0
06/01/2025	14:17:43	1458	66.90	XLON	00279048835TRLO0
06/01/2025	14:17:43	763	66.90	XLON	00279048836TRLO0
06/01/2025	14:17:43	1094	66.90	XLON	00279048837TRLO0
06/01/2025	14:17:43	1882	66.90	XLON	00279048838TRLO0
06/01/2025	14:17:43	1888	66.90	XLON	00279048839TRLO0
06/01/2025	14:17:43	1876	66.90	XLON	00279048840TRLO0
06/01/2025	14:23:28	277	66.90	XLON	00279050050TRLO0
06/01/2025	14:23:28	1694	66.90	XLON	00279050051TRLO0
06/01/2025	14:23:31	477	66.90	XLON	00279050056TRLO0
06/01/2025	14:29:51	1462	66.90	XLON	00279051674TRLO0
06/01/2025	14:43:05	1898	66.80	XLON	00279056723TRLO0
06/01/2025	14:43:14	2025	66.70	XLON	00279056766TRLO0
06/01/2025	15:22:22	604	66.40	CHIX	00279068397TRLO0
06/01/2025	15:22:22	604	66.40	CHIX	00279068398TRLO0
06/01/2025	15:22:22	658	66.40	CHIX	00279068399TRLO0
06/01/2025	15:22:22	1907	66.40	XLON	00279068400TRLO0
06/01/2025	15:22:22	1878	66.40	XLON	00279068401TRLO0
06/01/2025	15:29:18	2219	66.20	XLON	00279070477TRLO0
06/01/2025	15:48:50	1876	66.00	XLON	00279076278TRLO0

 

END