NextEnergy Solar Fund Limited Caroline Chan to join the Board of Directors (5190W)
December 12 2023 - 8:00AM
UK Regulatory
TIDMNESF
RNS Number : 5190W
NextEnergy Solar Fund Limited
12 December 2023
LEI: 213800ZPHCBDDSQH5447
12 December 2023
NextEnergy Solar Fund Limited
("NESF" or the "Company")
Caroline Chan to join the Board of Directors
NextEnergy Solar Fund Limited, a leading specialist investor in
solar energy and energy storage, is delighted to announce the
appointment of Ms Caroline Chan to the Board as a Non-Executive
Director with effect from 1 April 2024.
Ms Chan brings a wealth of experience to the Board having
practised as a corporate lawyer for over 30 years across London,
Hong Kong, and Guernsey, where she specialised in investment funds,
mergers and acquisitions, financing, and financial services
regulatory work. Ms Chan previously served as a Non-Executive
Director of Round Hill Music Royalty Fund Limited and currently
serves as a Non-Executive Director of BH Macro Limited.
Helen Mahy, Chair of NextEnergy Solar Fund Limited,
commented:
"The Board is delighted that Caroline has agreed to join as a
Non-Executive Director. She brings a significant amount of listed
investment company experience to the table as we remain focused on
putting the Company in an even stronger position to deliver growth
and long-term stable returns to shareholders. We look forward to
welcoming Caroline and working with her."
Pursuant to Listing Rule 9.6.13 the following disclosure is
made:
Ms Caroline Chan was previously a Non-Executive Director of
Round Hill Music Royalty Fund Limited and is currently a
Non-Executive Director of BH Macro Limited . There are no further
disclosures required pursuant to LRs 9.6.13 and 9.6.11.
For further information:
NextEnergy Capital 020 3746 0700
Michael Bonte-Friedheim ir@nextenergysolarfund.com
Ross Grier
Stephen Rosser
Peter Hamid (Investor Relations)
RBC Capital Markets 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 Editors(1) :
About NextEnergy Solar Fund
NextEnergy Solar Fund is a specialist solar energy and energy
storage investment company that is listed on the premium segment 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.
The NextEnergy Solar Fund portfolio has a combined installed
power capacity of 933MW, generating enough renewable energy to
power the equivalent of c.242,000 average UK home electricity needs
for an entire year. The Company may invest up to 30% of its gross
asset value in non-UK OECD countries, 15% in solar-focused private
infrastructure funds, and 10% in energy storage assets. As at 30
September 2023, the Company had an unaudited gross asset value of
GBP1,194m. 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 website.
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: Ha s over 16 years specialist solar
expertise having invested in over 400 individual solar plants
across the world. NextEnergy Capital currently manages four
institutional funds with a total capacity in excess of 3GW+ and has
asset under management of $3.9bn. www.nextenergycapital.com
-- WiseEnergy(R): Provides solar asset management, monitoring
and technical due diligence services to over 1,250 utility-scale
solar power plants with an installed capacity in excess of 1.6GW.
WiseEnergy clients comprise leading banks and equity financiers in
the energy and infrastructure sector. www.wise-energy.com
-- Starlight: H as 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.
Notes:
(1:) All financial data is unaudited at 30 September 2023, being
the latest date in respect of which NextEnergy Solar Fund has
published financial information
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