LEI: 213800ZPHCBDDSQH5447
7 November 2024
NextEnergy Solar Fund Limited
("NESF" or the "Company")
Interim Dividend Declaration
NextEnergy Solar Fund, a leading specialist investor in solar energy and energy storage, is pleased to announce its second interim dividend of 2.11 pence per Ordinary Share for the quarter ended 30 September 2024, in line with its previously stated target of paying dividends of 8.43p for the financial year ending 31 March 2025.
The interim dividend of 2.11 pence will be paid on 30 December 2024 to Ordinary Shareholders on the register as at the close of business on 15 November 2024. The ex-dividend date is 14 November 2024.
| For further information:
NextEnergy Capital Michael Bonte-Friedheim |
020 3746 0700 ir@nextenergysolarfund.com |
| Ross Grier | |
| Stephen Rosser | |
| Peter Hamid (Investor Relations)
| |
|
RBC Capital Markets | 020 7653 4000 |
| Matthew Coakes | |
| Elizabeth Evans Kathryn Deegan
| |
| Cavendish | 020 7397 1909 |
| 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 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 2.5GW. More information is available at 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
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
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