NextEnergy Solar Fund Limited

NESF

GG00BJ0JVY01

Closed End Funds

Market Closed - London S.E. Other stock markets 11:35:20 2024-06-05 EDT			5-day change	1st Jan Change
72.7 ^GBX	+1.68%		+1.54%	-21.32%

05-29	Ocado Group, St. James's Place Bound for Exit from FTSE 100 Index	MT
05-28	Ocado and St James's Place set for FTSE 100 demotion	AN

NextEnergy Solar Fund selling portfolio of five solar assets

May 02, 2023 at 06:21 am

(via NewsDirect)

NextEnergy Capital managing director Ross Grier speaks to Proactive after announcing that the NextEnergy Solar Fund Ltd (LSE:NESF) will be selling off a portfolio of five subsidy-free UK solar assets in order to reduce its gearing and build a stronger capital structure. Grier reveals more details about the rationale for the decision and highlights how "proud" the company is of NESF platform and how it is performing.

Contact Details

Proactive UK Ltd

+44 20 7989 0813

uk@proactiveinvestors.com

Latest news about NextEnergy Solar Fund Limited

Ocado Group, St. James's Place Bound for Exit from FTSE 100 Index	05-29	MT
Ocado and St James's Place set for FTSE 100 demotion	05-28	AN
Barclays Downgrades NextEnergy Solar Fund to Equalweight from Overweight, Cuts PT	05-22	MT
Barclays cuts NextEnergy but lifts JLEN	05-22	AN
NextEnergy Solar to increase dividend for eleventh consecutive year	05-15	AN
JPMorgan puts B&M on 'negative catalyst watch'	05-15	AN
NextEnergy Solar Fund Approves Dividend Targets for the Financial Year Ending 31 March 2025	05-15	CI
Nextenergy Solar Fund Limited Announces Fourth Interim Dividend for the Quarter Ended 31 March 2024, Payable on 28 March 2024	05-15	CI
NextEnergy extends credit facility to allow for future investments	05-10	AN
NextEnergy Extends GBP70 Million Credit Facility Until 2025	05-10	MT
Nextenergy Solar Fund Limited Announces PS70 Million Revolving Credit Facility Extension	05-10	CI
NextEnergy Solar leverage levels in line with company policy	04-16	AN
NextEnergy Solar Fund to Refinance GBP135 Million Facility	04-16	MT
NextEnergy Solar Fund Limited Announces Appointment of Caroline Chan as Member of the Audit Committee, the Management Engagement Committee, The Environmental, Social and Governance Committee, the Remuneration Committee, and the Nomination Committee	04-11	CI
NextEnergy Solar's energy storage asset starts commercial operations	03-19	AN
NextEnergy Solar Fund's 50-MW Lithium-ion Battery Kicks off Commercial Operations	03-19	MT
NextEnergy Solar Fund's Solar Co-investments in Portugal, Spain Begin Operations	03-15	MT
NextEnergy hails energisation of Portugal, Spain solar assets	03-15	AN
NextEnergy Solar Fund, Announces Energisation of Its First Two International Solar Co-Investments Alongside Nextpower III ESG Bringing an Additional 260MW	03-15	CI
NextEnergy Solar Fund sees net assets dip	02-29	AN
NextEnergy Solar Fund Announces Committee Changes	02-27	CI
NextEnergy Solar Fund Limited Announces Third Interim Dividend for the Quarter Ended 31 December 2023, Payable on 28 March 2024	02-08	CI
Transcript : NextEnergy Solar Fund Limited - Special Call	02-01
NextEnergy Solar Fund Limited Appoints Caroline Chan as Non-Executive Director, Effective 1 April 2024	12-12	CI
Citi and Peel up B&M; JPMorgan cuts 888	11-30	AN

Chart NextEnergy Solar Fund Limited

Duration

Period

More charts

Company Profile

NextEnergy Solar Fund Limited is a renewable energy investment company. The Companyâs investment objective is to provide ordinary shareholders with attractive risk adjusted returns, principally in the form of regular dividends, through a diversified portfolio of solar energy infrastructure assets and complementary technologies, such as energy storage. It seeks to achieve its investment objective by investing predominantly in solar photovoltaic (PV) assets. It seeks to provide ordinary shareholders with attractive risk-adjusted returns, principally in the form of regular dividends, by investing in a diversified portfolio of primarily the United Kingdom and Organization for Economic Co-operation and Development (OECD)-based solar energy infrastructure assets. The Company invests in solar PV assets primarily in the United Kingdom. It seeks to acquire sole ownership of individual solar PV assets through special purpose vehicles (SPVs). Its investment adviser is NextEnergy Capital Limited.

Sector

Closed End Funds

Calendar

2024-06-19 - Q4 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

0.715 GBP

Average target price

0.96 GBP

Spread / Average Target

+34.27%

Consensus

Annual profits - Rate of surprise

Company calendar

Sector Closed End Funds

	1st Jan change	Capi.
NEXTENERGY SOLAR FUND LIMITED	-21.32%	540M
ARES CAPITAL CORPORATION	+7.79%	13.26B
PERSHING SQUARE HOLDINGS, LTD.	+14.22%	9.64B
FS KKR CAPITAL CORP.	+3.15%	5.78B
PIMCO DYNAMIC INCOME FUND	+7.94%	5.3B
SPROTT PHYSICAL URANIUM TRUST FUND	-5.13%	4.9B
SPROTT PHYSICAL SILVER TRUST	+25.25%	4.85B
SPROTT PHYSICAL GOLD AND SILVER TRUST	+21.21%	4.54B
MACQUARIE KOREA INFRASTRUCTURE FUND	+1.53%	4B
3I INFRASTRUCTURE PLC	+4.35%	3.97B

Closed End Funds

NextEnergy Solar Fund Limited

Equities

NESF

GG00BJ0JVY01

Closed End Funds

NextEnergy Solar Fund selling portfolio of five solar assets

Contact Details

Latest news about NextEnergy Solar Fund Limited

Chart NextEnergy Solar Fund Limited

Company Profile

Income Statement Evolution

Analysts' Consensus

Annual profits - Rate of surprise

Sector Closed End Funds