NextEnergy Solar Fund Limited Director Appointment (7764A)
January 02 2018 - 12:47PM
UK Regulatory
TIDMNESF
RNS Number : 7764A
NextEnergy Solar Fund Limited
02 January 2018
NextEnergy Solar Fund Limited ("NESF" or the "Company")
DIRECTOR APPOINTMENT
The Board of NESF is pleased to announce the appointment of
Sharon Parr to the Board as a non-executive Director with effect
from 1 January 2018.
Recognising the significant growth of the Company since launch,
the Board understood the importance of expanding the Board to help
support the future growth of the Company and to further enhance and
complement the Board is terms of skills, experience, and
knowledge.
Sharon is a Guernsey resident who brings a wealth of experience
gained from working in multi jurisdictional Finance Sectors, which
include UK, USA, BVI and Guernsey. In her previous role as global
head of Barclays trust and fund administration businesses, she had
responsibility for staff operating in 10 different countries.
Sharon stepped down from her various executive roles in 2011. She
has maintained her directorships of the Bridgemere group of
companies and remains a Fellow of the Institute of Chartered
Accountants in England and Wales and Society of Estate and Trust
Practitioners.
Kevin Lyon, Chairman of NESF, commented:
"I am pleased to welcome Sharon to the Board of NextEnergy Solar
Fund Limited. Sharon brings a wealth of experience to the Board
from her previous roles in a number of organisations and sectors
which we believe will help support the Company in its objectives.
The Board is looking forward to working with Sharon as we look to
further continue the Company's success."
For further information:
NextEnergy Capital Limited 020 3893 1500
Michael Bonte-Friedheim
Aldo Beolchini
Cantor Fitzgerald Europe 020 7894 7667
Sue Inglis
Fidante Capital 020 7832 0900
Robert Peel
Justin Zawoda-Martin
Shore Capital 020 7408 4090
Anita Ghanekar
Macquarie Capital (Europe)
Limited 020 3037 2000
Nick Stamp
MHP Communications 020 3128 8100
Andrew Leach
Ipes (Guernsey) Limited 01481 713 843
Nick Robilliard
Notes to Editors:
NESF is a specialist investment company that invests primarily
in operating solar power plants in the UK. It is able to invest up
to 15% of its Gross Asset Value in operating solar power plants in
OECD countries outside the UK. The Company's objective is to secure
attractive shareholder returns through RPI-linked dividends and
long-term capital growth. The Company achieves this by acquiring
solar power plants on agricultural, industrial and commercial
sites.
NESF has raised equity proceeds of GBP591.9m since its initial
public offering on the main market of the London Stock Exchange in
April 2014. It also has credit facilities of GBP226m in place
(GBP150m from a syndicate including MIDIS, NAB and CBA; MIDIS:
GBP54.3m and NIBC: GBP21.7m).
NESF is differentiated by its access to NextEnergy Capital Group
(NEC Group), its Investment Manager, which has a strong track
record in sourcing, acquiring and managing operating solar assets.
WiseEnergy is NEC Group's specialist operating asset management
division and over the course of its activities has been providing
operating asset management, monitoring, technical due diligence and
other services to over 1,300 utility-scale solar power plants with
an installed capacity in excess of 1.9 GW.
Further information on NESF, NEC Group and WiseEnergy is
available at www.nextenergysolarfund.com, www.nextenergycapital.com
and www.wise-energy.eu.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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