NESF Nextenergy Solar Fund Limited

TIDMNESF

RNS Number : 9312A

NextEnergy Solar Fund Limited

27 January 2020

NextEnergy Solar Fund Limited

("NESF" or the "Company")

CHANGE OF CORPORATE BROKER

The Board of Directors of the Company announces that it has appointed Cenkos Securities to act as the Company's Sole Financial Adviser and Joint Corporate Broker, alongside Shore Capital, with immediate effect.

For further information:

   NextEnergy Capital Limited                                                          020 3746 0700 

Michael Bonte-Friedheim

Aldo Beolchini

 
Cenkos Securities Plc 020 7397 8900 
 Justin Zawoda-Martin 
 Robert Naylor 
 William Talkington 
 Shore Capital 020 7408 4090 
 Anita Ghanekar 
 Darren Vickers 
 
 MHP Communications 020 3128 8100 
 Oliver Hughes 
 
 Apex Fund and Corporate Services (Guernsey) Limited 01481 735 
 827 
 Nicholas 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.

As at 30 September 2019, NESF raised equity proceeds of GBP792m (including GBP200m of preference shares) since its initial public offering on the main market of the London Stock Exchange in April 2014. The Company's subsidiaries had financial debt outstanding of GBP211m, on a look-through basis including project level debt. Of the financial debt, GBP197m was long-term fully amortising debt, and GBP14m was drawn under a short-term credit facility.

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 provided 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 nextenergysolarfund.com, nextenergycapital.com and wise-energy.eu.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

APPBIGDBXSDDGGL

(END) Dow Jones Newswires

January 27, 2020 02:00 ET (07:00 GMT)

Nextenergy Solar (LSE:NESF)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024

Nextenergy Solar (LSE:NESF)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024