NextEnergy Solar Fund (NESF) has today announced its Interim Results as at 30th September 2024, and its latest operational update. The results were presented this morning by Helen Mahy, Ross Grier and Stephen Rosser at the LSEG (London Stock Exchange Group). Find the key highlights below. ✅ Capital Recycling Programme: We delivered phase 3 of our capital recycling programme, raising £27m, and a 14% premium to the value of the assets. ✅ Share Buyback Programme: Commenced a meaningful Share Buyback Programme of up to £20m, and deployed c.£5m of this during the period. ✅ Dividends: Attractive cash covered dividend yield of 11%, one of the largest in the UK equity market. Feel free to access the full presentation using the link below: https://lnkd.in/eFxyR5GD |#Interimresults | #Renewables | #ESG | #Portfolioupdate | #Dividend | #Performanceupdate | #Solarassets | #Growth | #Solar | #NextisNow |
NextEnergy Solar Fund (NESF)
Utilities
St Peter Port, Guernsey 4,977 followers
Leading the transition to clean energy
About us
NextEnergy Solar Fund is a specialist solar energy and energy storage investment company that is listed on the London Stock Exchange as part of the ESCC category 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. NextEnergy Solar Fund is driven by a mission to lead the transition to clean energy. 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).
- Website
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https://www.nextenergysolarfund.com
External link for NextEnergy Solar Fund (NESF)
- Industry
- Utilities
- Company size
- 2-10 employees
- Headquarters
- St Peter Port, Guernsey
- Type
- Public Company
- Founded
- 2014
- Specialties
- Solar, Renewable energy, Investment Management, Sustainability , Biodiversity, investment company, Solar pv, climate change, energy storage, international solar, listed equity, solar fund, renewable fund, and ESG
Locations
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Primary
1 Royal Plaza, Royal Avenue
St Peter Port, Guernsey GY1 3PPGY1 2HL, GG
Employees at NextEnergy Solar Fund (NESF)
Updates
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NextEnergy Solar Fund (NESF) was recently highlighted in interactive investor's latest article as a potentially attractive investment opportunity due to its current discount to NAV. 🔗 Read the full article through the link: https://lnkd.in/e8qrSYdA https://lnkd.in/eS4cqxFc | #Sustainableinvesting | #Infrastructureinvesting | #InvestmentOpportunities | #Highyieldopportunities | #Dividendinvesting|
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Deflation is likely to be on the horizon according to Bloomberg's #MerrynTalksMoney newsletter, with interest rates potentially down to 2-2.5%. In light of this, the newsletter, "How to Prepare for a Deflationary Future" highlights NextEnergy Solar Fund (NESF) and other Renewables Infrastructure Investment Trusts as strong, high-yield investment options to consider. 🔗 Read the full newsletter below: https://lnkd.in/efTHtgJG https://lnkd.in/eS4cqxFc | #NESF | #Sustainableinvesting | #Infrastructureinvesting | #Deflation | #InvestmentOpportunities | #Highyieldopportunities | #Dividendinvesting|
How to Prepare for a Deflationary Future
bloomberg.com
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NextEnergy Solar Fund (NESF) reposted this
NextEnergy Capital recently hosted an interactive webinar on the latest developments in the Battery Energy Storage Systems (BESS) market, which provided insights into: ✅ The recent developments in the BESS market. ✅ A virtual energy storage site tour walk-through. ✅ The future of BESS and its role in reducing carbon emissions. ✅ The BESS revenue stack: market depth and forecasts for volume and revenue. ✅ The current opportunity BESS presents for investors and how to capitalise on it. Find a snippet of the webinar below, hosted by Ross Grier, NextEnergy Capitals's COO and Head of UK Investments, and Dario Hernandez, NextEnergy Capital's Head of Energy Storage. For more details and to view a recording of the webinar, contact: [email protected]. | #BESS | #EnergyStorage | #Batteries | #SolarPV | #Netzeroemissions | #Netzerotransition | #Nextisnow |
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NextEnergy Solar Fund (NESF) is pleased to have been featured in MoneyWeek's latest article, "The top funds, stocks and trusts to invest in." 🔗 Read the full article here: https://lnkd.in/eCm2S3NR | #Dividendinvesting | #NESF | #SustainableInvesting | #RenewableEnergy | #FinancialGrowth | #MoneyWeek |
Top funds, stocks and trusts to invest in
moneyweek.com
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NextEnergy Solar Fund (NESF) was mentioned in the Financial Times over the weekend as one of the most bought investments companies on retail platform in October 2024 in a sector that continues to experience multiple headwinds. The article also overs some of the current challenges in the investment trust sector, rising income yields, and wide discounts. Read the full article below. | #investmentcompany | #solar | #renewableenergy | #retailinvestors | #dividendyield | #discount | #income | #solarpv | #energystorage |
Investment trusts: a 150-year-old industry under siege
ft.com
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NextEnergy Solar Fund (NESF) was highlighted in The Motley Fool yesterday for its market-leading 13% dividend yield, making it a standout top income share in the renewable energy sector. Read the full article: https://lnkd.in/eqdsdVZa https://lnkd.in/eS4cqxFc | #InfrastructureInvestors | #FTSE250 | #InvestorOpportunity | #HighDividend | #DividendInvesting | #CleanEnergy | #RenewableEnergy | #SolarPV |
Three reasons to consider NextEnergy Solar Fund shares after the recent dip
https://ukinvestormagazine.co.uk
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NextEnergy Solar Fund (NESF) was featured in the UK Investor Magazine yesterday, exploring three factors central to NESF's investment case, the article focused: ✅ High Dividend Yield NESF's 12% dividend yield, with the full-year dividend expected to increase to 8.43p for the year ending 31 March. ✅ Share Buyback NESF's share buyback programme of up to £20m, of which £6.2m was utilised up to 20 November 2024. ✅ Asset sales at a premium to book value NESF has now sold c.145MW of solar assets, raising £72.5m worth of proceeds. Read the full article: https://lnkd.in/eDxRVcRg https://lnkd.in/eS4cqxFc | #FTSE250 | #InfrastructureInvestors | #InvestorOpportunity | #HighDividend | #DividendInvesting | #CleanEnergy | #RenewableEnergy |
Three reasons to consider NextEnergy Solar Fund shares after the recent dip
https://ukinvestormagazine.co.uk
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NextEnergy Solar Fund (NESF) is pleased to have been been featured in the latest 'Top 10 most-popular investment trusts for November 2024' by interactive investor. Read the full article through the link below! ⬇️ https://lnkd.in/eBqPNKVh | #Solarspecialists | #InvestmentTrusts | #SustainableInvesting | #Top10 | #Cleanenergytransition | #FTSE250 | #Dividendinvesting |
Top 10 most-popular investment trusts: November 2024
ii.co.uk
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NextEnergy Solar Fund (NESF) reposted this
NextEnergy Capital is delighted to announce that it has been awarded the top 5-star rating for its second consecutive year in all applicable modules of the United Nations Principles for Responsible Investment 2024 Benchmark Assessment. A five-star rating, the highest possible score, is awarded to those signatories that demonstrate leading practices within the responsible investment industry. The #UNPRI is the world’s leading proponent of responsible investment, of which NextEnergy Capital has been a signatory since 2016. Michael Bonte-Friedheim, NextEnergy Group's CEO and Founding Partner commented: “These two consecutive years with a 5-star score in all modules are testament to our firm’s continued work to lead efforts towards a more responsible and sustainable future. I am proud of the ESG team’s efforts, and am looking forward to the developments in 2025 as we strengthen the collaboration with our stakeholders and teams to build on the implementation of our new Sustainability Strategy.” Giulia Guidi, NextEnergy Group's Head of ESG commented: “I am delighted that NEC has again been awarded the top five-star rating from the UN PRI for the 2024 Benchmark Assessment. NEC outperformed the PRI median in all three reporting categories, which is a tremendous achievement. Our score of 100% in the Confidence Building Measures Module is particularly testament to our commitment to good governance and transparency. I have no doubt that NEC’s ESG work will continue to benefit from the synergies between NextEnergy Group’s companies, which ensures that we remain ahead of the game in the pursuit of a common mission.” | #SustainabilityLeadership | #sustainableinvesting | #impactinvesting | #sustainablefinance | #PRI | #UNPRI | #unitednations | #sustainablefuture | #SDG |