Transaction in Own Shares

NextEnergy Solar Fund Limited

22 January 2025

 

LEI: 213800ZPHCBDDSQH5447

22 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:	21 January 2025
Number of ordinary shares purchased:	49,824
Lowest price per ordinary share (GBp):	64.60
Highest price per ordinary share (GBp):	65.30
Weighted average price per ordinary share (GBp):	65.14

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 11,195,923 its Ordinary Shares in treasury and has 579,625,262 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 579,625,262 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	23,702	65.21
BATE	4,587	65.04
CHIX	21,535	65.08

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
21/01/2025	09:00:39	2100	64.80	CHIX	00280253273TRLO0
21/01/2025	09:00:39	13	64.80	CHIX	00280253274TRLO0
21/01/2025	09:00:39	13	64.80	CHIX	00280253275TRLO0
21/01/2025	09:00:39	2053	64.80	XLON	00280253276TRLO0
21/01/2025	09:00:39	2056	64.80	XLON	00280253277TRLO0
21/01/2025	09:00:53	360	64.60	CHIX	00280253306TRLO0
21/01/2025	09:07:57	382	64.70	CHIX	00280253866TRLO0
21/01/2025	10:49:45	23	65.00	CHIX	00280263390TRLO0
21/01/2025	11:58:23	108	65.30	CHIX	00280273527TRLO0
21/01/2025	11:58:23	108	65.30	CHIX	00280273528TRLO0
21/01/2025	11:58:23	3851	65.30	CHIX	00280273529TRLO0
21/01/2025	11:58:23	6367	65.30	XLON	00280273530TRLO0
21/01/2025	11:58:23	715	65.30	XLON	00280273531TRLO0
21/01/2025	11:58:23	1128	65.30	XLON	00280273532TRLO0
21/01/2025	11:58:23	1044	65.30	XLON	00280273533TRLO0
21/01/2025	12:37:58	2060	65.30	CHIX	00280278757TRLO0
21/01/2025	12:37:58	4197	65.30	XLON	00280278758TRLO0
21/01/2025	12:37:58	2018	65.30	XLON	00280278759TRLO0
21/01/2025	12:37:58	2073	65.30	XLON	00280278760TRLO0
21/01/2025	12:37:58	2051	65.30	XLON	00280278761TRLO0
21/01/2025	12:38:00	2289	65.20	CHIX	00280278764TRLO0
21/01/2025	13:09:48	2046	65.10	BATE	00280282227TRLO0
21/01/2025	13:09:48	585	65.10	CHIX	00280282228TRLO0
21/01/2025	13:09:48	585	65.10	CHIX	00280282229TRLO0
21/01/2025	13:09:51	915	65.10	CHIX	00280282243TRLO0
21/01/2025	15:36:43	276	65.00	CHIX	00280331337TRLO0
21/01/2025	15:36:43	2541	65.00	BATE	00280331338TRLO0
21/01/2025	15:36:57	1774	65.00	CHIX	00280331437TRLO0
21/01/2025	15:36:57	537	65.00	CHIX	00280331438TRLO0
21/01/2025	15:55:53	5556	65.00	CHIX	00280340180TRLO0

 

END