Transaction in Own Shares

NextEnergy Solar Fund Limited

24 January 2025

 

LEI: 213800ZPHCBDDSQH5447

24 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:	23 January 2025
Number of ordinary shares purchased:	90,152
Lowest price per ordinary share (GBp):	64.60
Highest price per ordinary share (GBp):	65.10
Weighted average price per ordinary share (GBp):	64.94

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 11,386,075 its Ordinary Shares in treasury and has 579,435,110 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 579,435,110 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	17,536	65.06
BATE	4,418	65.10
CHIX	60,711	64.87
TRQX	5,000	65.10
Aquis	2,487	65.10

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
23/01/2025	10:42:13	1322	65.10	CHIX	00280688135TRLO0
23/01/2025	10:42:13	2	65.10	TRQX	00280688136TRLO0
23/01/2025	11:00:33	28	65.10	CHIX	00280691215TRLO0
23/01/2025	11:00:33	2485	65.10	TRQX	00280691216TRLO0
23/01/2025	11:19:30	1931	65.10	BATE	00280693903TRLO0
23/01/2025	11:19:30	557	65.10	CHIX	00280693904TRLO0
23/01/2025	11:19:30	3957	65.10	CHIX	00280693905TRLO0
23/01/2025	11:19:30	2513	65.10	TRQX	00280693906TRLO0
23/01/2025	11:19:31	4066	65.10	CHIX	00280693916TRLO0
23/01/2025	11:19:31	1417	65.10	XLON	00280693917TRLO0
23/01/2025	11:19:31	3583	65.10	XLON	00280693918TRLO0
23/01/2025	11:19:31	1532	65.10	XLON	00280693919TRLO0
23/01/2025	11:59:59	829	65.10	Aquis	00280699521TRLO0
23/01/2025	11:59:59	829	65.10	BATE	00280699522TRLO0
23/01/2025	11:59:59	829	65.10	CHIX	00280699520TRLO0
23/01/2025	11:59:59	3888	65.10	CHIX	00280699514TRLO0
23/01/2025	11:59:59	981	65.10	XLON	00280699523TRLO0
23/01/2025	11:59:59	1919	65.10	XLON	00280699517TRLO0
23/01/2025	11:59:59	949	65.10	XLON	00280699518TRLO0
23/01/2025	11:59:59	1003	65.10	XLON	00280699524TRLO0
23/01/2025	12:14:28	829	65.10	Aquis	00280701289TRLO0
23/01/2025	12:14:28	829	65.10	Aquis	00280701297TRLO0
23/01/2025	12:14:28	196	65.10	BATE	00280701288TRLO0
23/01/2025	12:14:28	196	65.10	BATE	00280701290TRLO0
23/01/2025	12:14:28	437	65.10	BATE	00280701291TRLO0
23/01/2025	12:14:28	829	65.10	BATE	00280701298TRLO0
23/01/2025	12:14:28	829	65.10	CHIX	00280701287TRLO0
23/01/2025	12:14:28	490	65.10	CHIX	00280701284TRLO0
23/01/2025	12:14:28	1963	65.10	CHIX	00280701285TRLO0
23/01/2025	12:14:28	866	65.10	CHIX	00280701286TRLO0
23/01/2025	12:14:28	2085	65.10	XLON	00280701292TRLO0
23/01/2025	12:14:28	238	65.10	XLON	00280701293TRLO0
23/01/2025	12:14:28	125	65.10	XLON	00280701294TRLO0
23/01/2025	12:14:28	65	65.10	XLON	00280701295TRLO0
23/01/2025	12:14:28	1331	65.10	XLON	00280701299TRLO0
23/01/2025	12:14:29	427	65.10	CHIX	00280701300TRLO0
23/01/2025	12:14:29	373	65.10	CHIX	00280701301TRLO0
23/01/2025	12:14:31	29	65.10	CHIX	00280701306TRLO0
23/01/2025	12:14:31	1392	65.10	CHIX	00280701305TRLO0
23/01/2025	12:14:51	1182	65.10	CHIX	00280701354TRLO0
23/01/2025	12:14:51	876	65.10	CHIX	00280701353TRLO0
23/01/2025	12:30:19	1758	64.90	CHIX	00280703605TRLO0
23/01/2025	12:35:36	3	64.90	CHIX	00280704305TRLO0
23/01/2025	12:36:50	140	64.90	CHIX	00280704473TRLO0
23/01/2025	12:48:53	2136	64.90	CHIX	00280706276TRLO0
23/01/2025	12:52:47	2162	64.90	CHIX	00280706806TRLO0
23/01/2025	13:14:52	1295	64.80	CHIX	00280709866TRLO0
23/01/2025	13:14:52	649	64.80	CHIX	00280709867TRLO0
23/01/2025	13:14:52	2100	64.70	CHIX	00280709869TRLO0
23/01/2025	13:14:52	338	64.70	CHIX	00280709870TRLO0
23/01/2025	13:14:52	1909	64.80	XLON	00280709868TRLO0
23/01/2025	13:29:43	1174	64.60	CHIX	00280711871TRLO0
23/01/2025	13:32:44	747	64.60	CHIX	00280712425TRLO0
23/01/2025	13:36:15	1888	64.60	CHIX	00280713106TRLO0
23/01/2025	14:09:19	1181	64.60	CHIX	00280718568TRLO0
23/01/2025	14:12:29	693	64.60	CHIX	00280719045TRLO0
23/01/2025	14:12:29	1897	64.60	CHIX	00280719046TRLO0
23/01/2025	14:21:05	2191	64.60	CHIX	00280720724TRLO0
23/01/2025	14:22:35	1923	64.60	CHIX	00280720958TRLO0
23/01/2025	14:31:05	1867	64.60	CHIX	00280724422TRLO0
23/01/2025	14:37:50	633	64.60	CHIX	00280729070TRLO0
23/01/2025	14:37:50	618	64.60	CHIX	00280729071TRLO0
23/01/2025	14:37:50	618	64.60	CHIX	00280729072TRLO0
23/01/2025	14:51:16	1898	64.60	CHIX	00280736681TRLO0
23/01/2025	15:20:18	1187	64.70	CHIX	00280751080TRLO0
23/01/2025	15:20:58	96	64.70	CHIX	00280751375TRLO0
23/01/2025	15:24:10	981	64.90	CHIX	00280752697TRLO0
23/01/2025	15:24:10	1276	64.90	CHIX	00280752698TRLO0
23/01/2025	15:33:07	2444	65.00	CHIX	00280756147TRLO0
23/01/2025	15:59:59	698	64.80	CHIX	00280767386TRLO0
23/01/2025	16:02:51	1169	64.80	CHIX	00280769183TRLO0
23/01/2025	16:25:00	1272	64.80	CHIX	00280779191TRLO0
23/01/2025	16:27:31	605	64.80	CHIX	00280781220TRLO0
23/01/2025	16:27:31	399	64.80	XLON	00280781221TRLO0

 

END