NextEnergy Solar Fund Ltd.

Transaction in Own Shares • Sep 9, 2024

National Storage Mechanism | Additional information

RNS Number : 3158D

NextEnergy Solar Fund Limited

09 September 2024

LEI: 213800ZPHCBDDSQH5447

09 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:	06 September 2024
Number of ordinary shares purchased:	76,842
Lowest price per ordinary share (GBp):	78.90
Highest price per o rdinary share (GBp):	80.40
Weighted average price per ordinary share (GBp):	79.97

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 4,043,934 of its Ordinary Shares in treasury and has 586,777,251 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 586,777,251 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	50,850	79.93
BATE	2,430	80.07
CHIX	9,414	80.01
TRQX	9,972	79.97
Aquis	4,176	80.23

Individual Transactions:

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
06/09/2024	08:37:40	810	80.40	TRQX	00266600003TRLO0
06/09/2024	08:37:40	1746	80.40	Aquis	00266600004TRLO0
06/09/2024	08:37:40	4050	80.40	XLON	00266600005TRLO0
06/09/2024	10:29:40	94	80.30	XLON	00266607167TRLO0
06/09/2024	11:50:35	1620	80.30	TRQX	00266614490TRLO0
06/09/2024	11:50:35	2046	80.30	XLON	00266614491TRLO0
06/09/2024	11:50:35	2750	80.30	XLON	00266614492TRLO0
06/09/2024	11:50:35	96	80.30	XLON	00266614493TRLO0
06/09/2024	12:17:14	2129	80.20	CHIX	00266616702TRLO0
06/09/2024	12:17:14	427	80.20	CHIX	00266616703TRLO0
06/09/2024	12:17:14	1996	80.20	XLON	00266616704TRLO0
06/09/2024	12:17:14	2054	80.20	XLON	00266616705TRLO0
06/09/2024	12:27:01	810	80.00	BATE	00266617491TRLO0
06/09/2024	12:27:01	200	80.00	CHIX	00266617492TRLO0
06/09/2024	12:27:01	736	80.00	CHIX	00266617493TRLO0
06/09/2024	12:27:01	311	80.00	TRQX	00266617494TRLO0
06/09/2024	12:27:01	342	80.00	TRQX	00266617495TRLO0
06/09/2024	12:27:01	157	80.00	TRQX	00266617496TRLO0
06/09/2024	12:27:01	3979	80.00	XLON	00266617497TRLO0
06/09/2024	12:27:01	71	80.00	XLON	00266617498TRLO0
06/09/2024	12:27:14	2556	79.90	CHIX	00266617509TRLO0
06/09/2024	12:27:14	1718	79.90	XLON	00266617510TRLO0
06/09/2024	12:27:14	2332	79.90	XLON	00266617511TRLO0
06/09/2024	12:27:15	1620	79.80	CHIX	00266617512TRLO0
06/09/2024	12:27:15	810	79.80	TRQX	00266617513TRLO0
06/09/2024	12:27:55	936	79.80	TRQX	00266617536TRLO0
06/09/2024	12:27:55	3240	79.80	XLON	00266617537TRLO0
06/09/2024	12:28:16	1620	79.30	TRQX	00266617557TRLO0
06/09/2024	12:28:16	4986	79.30	XLON	00266617558TRLO0
06/09/2024	12:28:20	4176	78.90	XLON	00266617564TRLO0
06/09/2024	14:59:51	810	80.10	BATE	00266639963TRLO0
06/09/2024	14:59:51	810	80.10	CHIX	00266639964TRLO0
06/09/2024	14:59:51	810	80.10	TRQX	00266639965TRLO0
06/09/2024	14:59:51	4176	80.10	XLON	00266639966TRLO0
06/09/2024	15:13:51	1746	80.10	TRQX	00266644420TRLO0
06/09/2024	15:13:51	4860	80.10	XLON	00266644421TRLO0
06/09/2024	16:20:14	810	80.10	TRQX	00266664402TRLO0
06/09/2024	16:20:14	1620	80.10	Aquis	00266664403TRLO0
06/09/2024	16:20:14	4176	80.10	XLON	00266664404TRLO0
06/09/2024	16:28:47	810	80.10	Aquis	00266667671TRLO0
06/09/2024	16:28:47	810	80.10	BATE	00266667672TRLO0
06/09/2024	16:28:47	936	80.10	CHIX	00266667673TRLO0
06/09/2024	16:28:47	4050	80.10	XLON	00266667674TRLO0

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