LEI: 213800ZPHCBDDSQH5447
8 February 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 third interim dividend of
2.09 pence per Ordinary Share for the quarter ended 31 December
2023, in line with its previously stated target of paying dividends
of 8.35p for the year ended 31 March 2024.
The interim dividend of 2.09 pence
will be paid on 28 March 2024 to shareholders on the register as at
the close of business on 16 February 2024. The ex-dividend
date is 15 February 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
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020 7653 4000
|
Matthew Coakes
|
|
Elizabeth Evans
Kathryn Deegan
|
|
Cavendish
|
020 7397 1909
|
James King
|
|
William Talkington
|
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H/Advisors Maitland
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020 7379 5151
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Neil Bennett
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Finlay Donaldson
|
|
|
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Ocorian Administration (Guernsey)
Limited
|
01481 742642
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Kevin Smith
|
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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 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 Fund 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 £1,194m. 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: Has
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®:
A leading specialist asset operator in the solar
sector. Currently, WiseEnergy provides development,
construction and operating services to over 1,500 solar and battery
assets with an installed capacity in excess of 2.5GW.
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.
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