Transaction in Own Shares

NextEnergy Solar Fund Limited

10 January 2025

 

LEI: 213800ZPHCBDDSQH5447

10 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:	09 January 2025
Number of ordinary shares purchased:	100,000
Lowest price per ordinary share (GBp):	61.60
Highest price per ordinary share (GBp):	62.60
Weighted average price per ordinary share (GBp):	62.36

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 10,466,225 its Ordinary Shares in treasury and has 580,354,960 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 580,354,960 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	92,433	62.37
BATE	2,482	62.37
CHIX	4,201	62.13
TRQX	2	62.40
Aquis	882	62.56

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
09/01/2025	08:05:11	2113	62.30	XLON	00279341391TRLO0
09/01/2025	08:37:05	1851	61.60	CHIX	00279344872TRLO0
09/01/2025	09:13:36	1872	62.40	XLON	00279347797TRLO0
09/01/2025	09:26:24	2600	62.40	XLON	00279348709TRLO0
09/01/2025	09:26:24	427	62.40	XLON	00279348710TRLO0
09/01/2025	09:42:13	1882	62.30	XLON	00279349840TRLO0
09/01/2025	09:42:13	2556	62.30	XLON	00279349841TRLO0
09/01/2025	09:46:27	1390	62.20	XLON	00279350099TRLO0
09/01/2025	09:46:31	146	62.20	XLON	00279350101TRLO0
09/01/2025	09:46:31	75	62.20	XLON	00279350102TRLO0
09/01/2025	09:46:31	925	62.20	XLON	00279350103TRLO0
09/01/2025	10:32:40	6	62.00	XLON	00279353045TRLO0
09/01/2025	11:25:46	1866	62.00	XLON	00279356280TRLO0
09/01/2025	11:25:46	1861	62.00	XLON	00279356281TRLO0
09/01/2025	11:25:46	1876	62.00	XLON	00279356282TRLO0
09/01/2025	11:25:46	1861	62.00	XLON	00279356283TRLO0
09/01/2025	11:25:46	1907	62.00	XLON	00279356284TRLO0
09/01/2025	11:39:46	7644	61.80	XLON	00279357162TRLO0
09/01/2025	11:39:46	1924	61.80	XLON	00279357163TRLO0
09/01/2025	13:57:33	4883	62.60	XLON	00279367663TRLO0
09/01/2025	13:57:33	1182	62.60	CHIX	00279367664TRLO0
09/01/2025	13:57:33	818	62.60	XLON	00279367665TRLO0
09/01/2025	13:57:33	2000	62.60	XLON	00279367666TRLO0
09/01/2025	13:57:33	2000	62.60	XLON	00279367667TRLO0
09/01/2025	13:57:33	2000	62.60	XLON	00279367669TRLO0
09/01/2025	13:57:33	2000	62.60	XLON	00279367670TRLO0
09/01/2025	13:57:33	2000	62.60	XLON	00279367671TRLO0
09/01/2025	13:57:33	2000	62.60	XLON	00279367672TRLO0
09/01/2025	13:57:34	2000	62.60	XLON	00279367674TRLO0
09/01/2025	13:57:34	2000	62.60	XLON	00279367675TRLO0
09/01/2025	13:57:34	517	62.60	Aquis	00279367676TRLO0
09/01/2025	13:57:34	1483	62.60	XLON	00279367677TRLO0
09/01/2025	13:57:34	2000	62.60	XLON	00279367678TRLO0
09/01/2025	13:57:34	2000	62.60	XLON	00279367679TRLO0
09/01/2025	13:57:34	1000	62.60	XLON	00279367680TRLO0
09/01/2025	13:57:36	47	62.50	XLON	00279367683TRLO0
09/01/2025	13:57:36	10489	62.50	XLON	00279367684TRLO0
09/01/2025	13:57:36	4723	62.50	XLON	00279367685TRLO0
09/01/2025	14:44:49	1664	62.30	BATE	00279373404TRLO0
09/01/2025	15:14:54	4794	62.40	XLON	00279377559TRLO0
09/01/2025	15:14:54	63	62.40	XLON	00279377560TRLO0
09/01/2025	15:14:54	16	62.40	XLON	00279377561TRLO0
09/01/2025	15:47:16	1636	62.40	XLON	00279382604TRLO0
09/01/2025	15:47:16	3582	62.40	XLON	00279382605TRLO0
09/01/2025	15:51:57	233	62.40	XLON	00279383260TRLO0
09/01/2025	15:51:57	16	62.40	XLON	00279383261TRLO0
09/01/2025	15:52:33	35	62.40	XLON	00279383363TRLO0
09/01/2025	15:52:33	450	62.40	XLON	00279383364TRLO0
09/01/2025	15:58:00	169	62.40	XLON	00279384415TRLO0
09/01/2025	15:58:00	512	62.40	XLON	00279384416TRLO0
09/01/2025	15:58:02	10	62.40	XLON	00279384419TRLO0
09/01/2025	16:19:05	2	62.40	TRQX	00279389929TRLO0
09/01/2025	16:22:56	365	62.50	Aquis	00279390874TRLO0
09/01/2025	16:25:27	1168	62.50	CHIX	00279391921TRLO0
09/01/2025	16:25:27	818	62.50	BATE	00279391922TRLO0
09/01/2025	16:25:27	1440	62.50	XLON	00279391923TRLO0
09/01/2025	16:25:27	2650	62.50	XLON	00279391924TRLO0
09/01/2025	16:27:36	453	62.50	XLON	00279392596TRLO0

 

END