NextEnergy Solar Fund Ltd.

Transaction in Own Shares • Sep 24, 2024

National Storage Mechanism | Additional information

RNS Number : 3246F

NextEnergy Solar Fund Limited

24 September 2024

LEI: 213800ZPHCBDDSQH5447

24 September 2024

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 September 2024
Number of ordinary shares purchased:	69,520
Lowest price per ordinary share (GBp):	78.70
Highest price per o rdinary share (GBp):	80.00
Weighted average price per ordinary share (GBp):	79.52

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 5,139,349 of its Ordinary Shares in treasury and has 585,681,836 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 585,681,836 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 ir@nextenergysolarfund.com
Ross Grier
Stephen Rosser
Peter Hamid (Investor Relations)
RBC Europe Limited	020 7653 4000
Matthew Coakes
Elizabeth Evans Kathryn Deegan
C avendish	020 7397 1 909
James King
William Talkington
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 Main Market of the London Stock Exchange and is a FTSE 250 constituent.

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 June 2024, the Company had an unaudited gross asset value of £1,124m.  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 2.5 GW .  More information is available at www.wise-energy.com

·      Starlight: has d eveloped 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 June 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	44,604	79.47
BATE	2,328	80.00
CHIX	5,005	79.73
TRQX	11,598	79.35
Aquis	5,985	79.79

Individual Transactions:

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
23/09/2024	08:42:31	2439	80.00	Aquis	00268384718TRLO0
23/09/2024	08:42:31	1746	80.00	TRQX	00268384719TRLO0
23/09/2024	08:42:31	38	80.00	CHIX	00268384720TRLO0
23/09/2024	08:42:32	54	80.00	Aquis	00268384721TRLO0
23/09/2024	09:02:58	582	80.00	Aquis	00268386213TRLO0
23/09/2024	09:02:58	1746	80.00	TRQX	00268386214TRLO0
23/09/2024	09:02:58	1746	80.00	Aquis	00268386215TRLO0
23/09/2024	09:02:58	1746	80.00	BATE	00268386216TRLO0
23/09/2024	09:02:58	2099	80.00	CHIX	00268386217TRLO0
23/09/2024	09:02:58	13386	80.00	XLON	00268386218TRLO0
23/09/2024	09:02:58	582	80.00	BATE	00268386219TRLO0
23/09/2024	09:02:58	582	80.00	CHIX	00268386220TRLO0
23/09/2024	09:02:58	4614	80.00	XLON	00268386221TRLO0
23/09/2024	09:41:55	1746	79.50	TRQX	00268388538TRLO0
23/09/2024	09:41:55	1927	79.50	XLON	00268388539TRLO0
23/09/2024	09:41:55	2687	79.50	XLON	00268388540TRLO0
23/09/2024	10:26:13	2286	79.40	CHIX	00268391388TRLO0
23/09/2024	10:26:13	4074	79.40	XLON	00268391389TRLO0
23/09/2024	12:38:25	1746	79.30	TRQX	00268399628TRLO0
23/09/2024	12:38:25	4614	79.30	XLON	00268399629TRLO0
23/09/2024	14:51:12	577	78.90	Aquis	00268416495TRLO0
23/09/2024	14:51:12	587	78.90	Aquis	00268416496TRLO0
23/09/2024	14:51:12	582	78.90	TRQX	00268416497TRLO0
23/09/2024	14:51:12	4614	78.90	XLON	00268416498TRLO0
23/09/2024	15:16:46	843	78.90	XLON	00268424477TRLO0
23/09/2024	15:36:53	505	78.90	TRQX	00268430046TRLO0
23/09/2024	15:36:53	300	78.90	TRQX	00268430047TRLO0
23/09/2024	15:36:53	1481	78.90	TRQX	00268430048TRLO0
23/09/2024	15:36:53	3231	78.90	XLON	00268430049TRLO0
23/09/2024	16:03:28	1746	78.70	TRQX	00268437222TRLO0
23/09/2024	16:03:28	4614	78.70	XLON	00268437223TRLO0

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