Company Announcements

Director Roles and Responsibilities

Source: RNS
RNS Number : 1406A
NextEnergy Solar Fund Limited
12 August 2024
 

LEI: 213800ZPHCBDDSQH5447

12 August 2024

NextEnergy Solar Fund Limited

("NESF" or the "Company")

 

 

Director Roles and Responsibilities

The Board of NextEnergy Solar Fund, a leading specialist investor in solar energy and energy storage, announces the following changes to its Director Roles and Responsibilities with effect from 12 August 2024.

In accordance with Listing Rule UKLR 6.4.6R:

Ms Caroline Chan, a Non-Executive Director of the Company, has been appointed as Chair of the Management Engagement Committee.

Ms Jo Peacegood, a Non-Executive Director of the Company, has been appointed as Chair of the Audit Committee, upon the retirement of Mr Patrick Firth from the Board after serving his full nine-year tenure.

Ends

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


William Talkington

 


 

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 31 March 2024, the Company had an audited gross asset value of £1,155m.  More information is available at 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 audited at 31 March 2024, being the latest date in respect of which NextEnergy Solar Fund has published financial information

 

 

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