NextEnergy Solar Fund Ltd.

Transaction in Own Shares • Jan 23, 2025

National Storage Mechanism | Additional information

RNS Number : 3554U

NextEnergy Solar Fund Limited

23 January 2025

LEI: 213800ZPHCBDDSQH5447

23 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:	22 January 2025
Number of ordinary shares purchased:	100,000
Lowest price per ordinary share (GBp):	64.90
Highest price per o rdinary share (GBp):	65.20
Weighted average price per ordinary share (GBp):	65.06

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 11,295,923 its Ordinary Shares in treasury and has 579,525,262 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 579,525,262 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 ir@nextenergysolarfund.com
Ross Grier
Stephen Rosser
Peter Hamid (Investor Relations)
RBC E urope Limited	020 7653 4000
Matthew Coakes
Kathryn Deegan
C avendish	020 7397 1 909
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 2.5 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 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	37,192	65.11
BATE	5,748	65.13
CHIX	57,060	65.02

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
22/01/2025	09:11:54	1932	65.00	XLON	00280436743TRLO0
22/01/2025	09:11:54	1939	65.00	XLON	00280436744TRLO0
22/01/2025	09:11:54	1946	65.00	XLON	00280436745TRLO0
22/01/2025	13:46:10	3843	65.20	BATE	00280500092TRLO0
22/01/2025	13:46:10	2684	65.20	XLON	00280500093TRLO0
22/01/2025	13:46:10	838	65.20	XLON	00280500094TRLO0
22/01/2025	13:46:10	390	65.20	XLON	00280500095TRLO0
22/01/2025	13:46:10	448	65.20	XLON	00280500096TRLO0
22/01/2025	13:46:10	5348	65.20	XLON	00280500097TRLO0
22/01/2025	13:46:10	2659	65.20	XLON	00280500099TRLO0
22/01/2025	13:46:10	1270	65.20	XLON	00280500100TRLO0
22/01/2025	13:46:11	1308	65.20	XLON	00280500104TRLO0
22/01/2025	13:46:11	489	65.20	XLON	00280500105TRLO0
22/01/2025	13:46:11	210	65.20	XLON	00280500106TRLO0
22/01/2025	13:46:12	5548	65.20	XLON	00280500112TRLO0
22/01/2025	13:46:15	1336	65.10	CHIX	00280500120TRLO0
22/01/2025	13:46:15	12814	65.10	CHIX	00280500121TRLO0
22/01/2025	13:57:32	9145	65.10	CHIX	00280503673TRLO0
22/01/2025	14:12:29	1894	65.00	CHIX	00280508943TRLO0
22/01/2025	14:14:20	80	64.90	CHIX	00280509601TRLO0
22/01/2025	14:38:34	1358	64.90	CHIX	00280524831TRLO0
22/01/2025	15:51:51	1905	65.00	BATE	00280574953TRLO0
22/01/2025	15:51:51	3897	65.00	CHIX	00280574954TRLO0
22/01/2025	15:51:51	3584	65.00	XLON	00280574955TRLO0
22/01/2025	15:51:51	209	65.00	XLON	00280574956TRLO0
22/01/2025	15:51:51	2849	65.00	XLON	00280574957TRLO0
22/01/2025	15:51:51	973	65.00	XLON	00280574958TRLO0
22/01/2025	15:51:51	2085	65.00	XLON	00280574959TRLO0
22/01/2025	15:51:54	2332	65.00	CHIX	00280574976TRLO0
22/01/2025	15:52:00	1820	65.00	CHIX	00280575042TRLO0
22/01/2025	15:59:51	470	65.00	CHIX	00280579351TRLO0
22/01/2025	15:59:51	148	65.00	XLON	00280579352TRLO0
22/01/2025	16:01:01	1899	65.00	CHIX	00280580211TRLO0
22/01/2025	16:01:01	335	65.00	XLON	00280580212TRLO0
22/01/2025	16:07:48	801	64.90	CHIX	00280583877TRLO0
22/01/2025	16:07:48	1467	64.90	CHIX	00280583878TRLO0
22/01/2025	16:10:04	1904	64.90	CHIX	00280585193TRLO0
22/01/2025	16:10:15	1904	64.90	CHIX	00280585305TRLO0
22/01/2025	16:16:46	2126	64.90	CHIX	00280589845TRLO0
22/01/2025	16:18:26	807	64.90	CHIX	00280590889TRLO0
22/01/2025	16:20:02	1082	64.90	CHIX	00280591868TRLO0
22/01/2025	16:20:13	782	64.90	CHIX	00280592030TRLO0
22/01/2025	16:26:58	15	64.90	CHIX	00280596730TRLO0
22/01/2025	16:27:41	7870	65.00	CHIX	00280597238TRLO0
22/01/2025	16:27:41	1257	64.90	CHIX	00280597239TRLO0

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