REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

24/02/2025 07:00

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RNS Number : 0970Y  NextEnergy Solar Fund Limited  24 February 2025

LEI: 213800ZPHCBDDSQH5447

24 February 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 February 2025
 Number of ordinary shares purchased:              100,00
 Lowest price per ordinary share (GBp):            66.00
 Highest price per ordinary share (GBp):           66.60
 Weighted average price per ordinary share (GBp):  66.35

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 12,677,421 of its Ordinary
Shares in treasury and has 578,143,764 Ordinary Shares in issue (excluding
treasury shares).

 

The total number of voting rights in the Company is 578,143,764 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

                                               020 3746 0700

 Michael Bonte-Friedheim                       ir@nextenergysolarfund.com (mailto:ir@nextenergysolarfund.com)
 Ross Grier
 Stephen Rosser
 Peter Hamid (Investor Relations)
                                               020 7653 4000

 RBC Capital Markets
 Matthew Coakes
 Kathryn Deegan
                                               020 7908 6000

 Cavendish
 Robert Peel
                                               020 7379 5151

 H/Advisors Maitland
 Neil Bennett
 Finlay Donaldson

                                               01481 742642

 Ocorian Administration (Guernsey) Limited
 Kevin Smith

 

Notes to Editors (1):

About NextEnergy Solar Fund

NextEnergy Solar Fund is a specialist solar energy and energy storage
investment company that is listed on the Main Market of 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 31 December 2024, the Company had an unaudited gross asset value of
£1,071m.  For further information please visit www.nextenergysolarfund.com
(http://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 which now employs over 370
professionals.  Since its inception, NextEnergy Group 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 18 years of specialist solar
expertise having invested in over 530 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 $4.5bn.
More information is available at www.nextenergycapital.com
(https://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 1,600
utility-scale solar power plants with an installed capacity in excess of
3.5GW.  More information is available at www.wise-energy.com
(https://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
(https://www.starlight-energy.com/)

 

Notes:

(1:) All financial data is unaudited at 31 December 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      6,491                                     66.50
 BATE      4,939                                     66.40
 CHIX      88,570                                    66.33

 

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref

 21/02/2025        10:45:53          1038    66.60  CHIX      00283851895TRLO0
 21/02/2025        10:45:53          4870    66.60  XLON      00283851896TRLO0
 21/02/2025        12:01:26          597     66.60  CHIX      00283861325TRLO0
 21/02/2025        12:01:26          1625    66.60  BATE      00283861326TRLO0
 21/02/2025        12:01:26          4900    66.60  CHIX      00283861327TRLO0
 21/02/2025        12:01:26          1143    66.60  CHIX      00283861328TRLO0
 21/02/2025        12:01:26          2059    66.60  CHIX      00283861329TRLO0
 21/02/2025        12:01:26          1713    66.60  CHIX      00283861330TRLO0
 21/02/2025        12:01:26          6830    66.60  CHIX      00283861332TRLO0
 21/02/2025        12:01:26          564     66.60  CHIX      00283861333TRLO0
 21/02/2025        12:10:01          8692    66.50  CHIX      00283862173TRLO0
 21/02/2025        12:10:22          866     66.50  CHIX      00283862234TRLO0
 21/02/2025        12:10:22          334     66.50  CHIX      00283862235TRLO0
 21/02/2025        12:10:22          1325    66.50  CHIX      00283862236TRLO0
 21/02/2025        12:19:42          1736    66.40  CHIX      00283862970TRLO0
 21/02/2025        14:06:22          232     66.40  CHIX      00283873433TRLO0
 21/02/2025        14:06:22          1645    66.40  BATE      00283873434TRLO0
 21/02/2025        14:06:22          1635    66.40  CHIX      00283873435TRLO0
 21/02/2025        14:06:22          1376    66.40  CHIX      00283873436TRLO0
 21/02/2025        14:06:22          249     66.40  CHIX      00283873437TRLO0
 21/02/2025        14:06:22          1664    66.40  CHIX      00283873438TRLO0
 21/02/2025        14:16:57          53      66.30  CHIX      00283874400TRLO0
 21/02/2025        14:33:03          5050    66.30  CHIX      00283878097TRLO0
 21/02/2025        14:33:03          1922    66.30  CHIX      00283878098TRLO0
 21/02/2025        14:33:04          1946    66.30  CHIX      00283878104TRLO0
 21/02/2025        14:33:04          4004    66.30  CHIX      00283878105TRLO0
 21/02/2025        15:28:59          4570    66.30  CHIX      00283904479TRLO0
 21/02/2025        15:33:29          1427    66.30  CHIX      00283905902TRLO0
 21/02/2025        15:33:29          3317    66.30  CHIX      00283905903TRLO0
 21/02/2025        15:33:35          1697    66.20  CHIX      00283905999TRLO0
 21/02/2025        15:33:35          1669    66.20  BATE      00283906000TRLO0
 21/02/2025        15:33:35          3       66.20  CHIX      00283906001TRLO0
 21/02/2025        15:33:35          1621    66.20  XLON      00283906002TRLO0
 21/02/2025        15:33:45          4396    66.10  CHIX      00283906090TRLO0
 21/02/2025        15:43:22          1607    66.20  CHIX      00283909191TRLO0
 21/02/2025        15:50:07          1636    66.40  CHIX      00283911756TRLO0
 21/02/2025        16:14:59          1645    66.00  CHIX      00283921901TRLO0
 21/02/2025        16:14:59          590     66.00  CHIX      00283921902TRLO0
 21/02/2025        16:24:34          4600    66.10  CHIX      00283927014TRLO0
 21/02/2025        16:24:34          7144    66.10  CHIX      00283927015TRLO0
 21/02/2025        16:24:34          1043    66.00  CHIX      00283927016TRLO0
 21/02/2025        16:24:34          677     66.00  CHIX      00283927017TRLO0
 21/02/2025        16:25:27          968     66.00  CHIX      00283927496TRLO0
 21/02/2025        16:25:27          1683    66.00  CHIX      00283927497TRLO0
 21/02/2025        16:25:27          1639    66.00  CHIX      00283927498TRLO0

 

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