NextEnergy Solar Fund Ltd.

Transaction in Own Shares • Dec 23, 2024

National Storage Mechanism | Additional information

RNS Number : 0144R

NextEnergy Solar Fund Limited

23 December 2024

LEI: 213800ZPHCBDDSQH5447

23 December 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:	20 December 2024
Number of ordinary shares purchased:	68,569
Lowest price per ordinary share (GBp):	63.90
Highest price per o rdinary share (GBp):	65.20
Weighted average price per ordinary share (GBp):	64.36

The Company intends to hold the purchased shares in Treasury.

Following the above transaction, the Company holds 10 ,089,403 its Ordinary Shares in treasury and has 580,731,782 Ordinary Shares in issue (excluding treasury shares).

The total number of voting rights in the Company is 580,731,782 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
Elizabeth Evans Kathryn Deegan
C avendish	020 7397 1 909
James King
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	41,437	64.39
BATE	6,264	64.49
CHIX	3,386	64.38
TRQX	11,373	64.29
Aquis	6,109	64.14

Transaction Date	Transaction Time	Volume	Price	Platform	Transaction Ref
20/12/2024	08:10:00	1770	65.20	XLON	00278249514TRLO0
20/12/2024	10:16:02	1773	65.10	BATE	00278267778TRLO0
20/12/2024	11:24:07	877	64.80	BATE	00278279147TRLO0
20/12/2024	11:24:07	848	64.80	CHIX	00278279148TRLO0
20/12/2024	11:24:07	848	64.80	CHIX	00278279149TRLO0
20/12/2024	11:24:07	877	64.80	BATE	00278279150TRLO0
20/12/2024	11:24:07	1718	64.80	XLON	00278279151TRLO0
20/12/2024	11:24:07	1711	64.80	XLON	00278279152TRLO0
20/12/2024	11:24:07	1807	64.80	XLON	00278279153TRLO0
20/12/2024	12:52:51	752	64.60	TRQX	00278291059TRLO0
20/12/2024	12:52:51	3853	64.60	XLON	00278291060TRLO0
20/12/2024	13:00:02	752	64.60	TRQX	00278292264TRLO0
20/12/2024	13:00:02	752	64.60	XLON	00278292265TRLO0
20/12/2024	13:04:20	1504	64.30	TRQX	00278292779TRLO0
20/12/2024	13:04:20	4605	64.30	XLON	00278292780TRLO0
20/12/2024	13:14:53	1	64.30	XLON	00278294266TRLO0
20/12/2024	14:17:28	1504	64.40	TRQX	00278309289TRLO0
20/12/2024	14:17:28	4605	64.40	XLON	00278309290TRLO0
20/12/2024	14:29:17	1504	64.30	TRQX	00278312625TRLO0
20/12/2024	14:29:17	4605	64.30	XLON	00278312626TRLO0
20/12/2024	14:36:06	1504	64.20	Aquis	00278316979TRLO0
20/12/2024	14:36:06	752	64.20	TRQX	00278316980TRLO0
20/12/2024	14:40:38	1504	64.20	Aquis	00278319213TRLO0
20/12/2024	14:40:38	845	64.20	TRQX	00278319214TRLO0
20/12/2024	14:56:37	752	64.20	TRQX	00278328368TRLO0
20/12/2024	15:03:22	752	64.20	TRQX	00278333027TRLO0
20/12/2024	15:06:52	845	64.00	CHIX	00278335002TRLO0
20/12/2024	15:06:52	752	64.00	Aquis	00278335003TRLO0
20/12/2024	15:06:52	752	64.00	TRQX	00278335004TRLO0
20/12/2024	15:06:52	1058	64.00	XLON	00278335005TRLO0
20/12/2024	15:06:52	2702	64.00	XLON	00278335006TRLO0
20/12/2024	15:11:30	845	63.90	CHIX	00278337807TRLO0
20/12/2024	15:11:30	1504	63.90	BATE	00278337808TRLO0
20/12/2024	15:11:30	2527	63.90	XLON	00278337809TRLO0
20/12/2024	15:15:32	1233	63.90	BATE	00278340038TRLO0
20/12/2024	15:39:47	616	64.20	TRQX	00278352530TRLO0
20/12/2024	15:39:47	888	64.20	TRQX	00278352531TRLO0
20/12/2024	15:39:47	4605	64.20	XLON	00278352532TRLO0
20/12/2024	15:47:36	2349	64.10	Aquis	00278356800TRLO0
20/12/2024	15:47:36	1358	64.10	XLON	00278356801TRLO0
20/12/2024	16:25:11	19	64.40	XLON	00278378210TRLO0
20/12/2024	16:30:00	3741	64.40	XLON	00278385047TRLO0

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