LEI: 213800ZPHCBDDSQH5447
05 November 2026
NextEnergy Solar Fund Limited
("NESF" or "the Company")
Second Interim Dividend Declaration
NextEnergy Solar Fund, a specialist investor in solar energy and energy storage, is pleased to announce its second interim dividend of 1.39p per Ordinary Share in respect of the quarter ended 30 September 2026.
As previously announced, the Company's dividend policy is to distribute 75% of operating cash flows as dividends to Ordinary Shareholders. The Board confirms that the second interim dividend has been declared in accordance with this policy.
The level of the second interim dividend reflects the seasonal generation profile of the Company's solar portfolio, with electricity production and associated cash generation typically weighted towards the summer months. As a result, dividend payments may vary between quarters and are not expected to be evenly distributed throughout the financial year.
The second interim dividend of 1.39p per Ordinary Share will be paid on 31 December 2026 to Ordinary Shareholders on the register as at the close of business on 13 November 2026. The ex-dividend date is 12 November 2026.
For further information: NextEnergy Capital | 020 3746 0700 |
Michael Bonte-Friedheim | |
Ross Grier | |
Stephen Rosser | |
Peter Walsh (Investor Relations) | |
RBC Capital Markets | 020 7653 4000 |
Thomas Raynsford | |
Sahil Suleman | |
Cavendish | 020 7908 6000 |
Robert Peel | |
H/Advisors | 020 7379 5151 |
Neil Bennett | |
Finlay Donaldson | |
Ocorian Administration (Guernsey) Limited | 014 8174 2642 |
Kevin Smith |
Notes to Editors 1:
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.
NextEnergy Solar Fund's investment objective is to provide Ordinary Shareholders with attractive long-term total 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.
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 which now employs over 400 professionals. Since its inception, NextEnergy Group 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 19 years of specialist solar expertise having invested in over 530 individual solar plants across the world. NextEnergy Capital currently manages four institutional funds with a total capacity in excess of 4GW and has funds under management of c. $4.8bn. 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 1,600 utility-scale solar power plants with an installed capacity in excess of 3.5GW. 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.9GW 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 2026, being the latest date in respect of which NextEnergy Solar Fund has published financial information.
Profit Estimate
The Takeover Panel has confirmed that the foregoing statements in relation to the interim dividend (the "Profit Estimate") constitute a profit estimate for the purpose of the City Code on Takeovers and Mergers (the "Takeover Code"), to which the requirements of Rule 28.1 of the Takeover Code apply. The Takeover Panel has consented to the application of the requirements of Rule 28.1(c)(i) to the Profit Estimate. The additional disclosures required by the Takeover Code are set out below.
NESF Directors' Confirmation
The NESF Directors have considered the Profit Estimate set out above and confirm that it remains valid as at the date of this announcement, has been properly compiled and the basis of the accounting used is consistent with NESF's existing accounting policies.
Basis of Preparation
The Profit Estimate is based on NESF's current internal unaudited accounts for the three months ended 30 September 2026. The Profit Estimate is not based on any assumptions. The basis of the accounting policies used in the Profit Estimate is consistent with the existing accounting policies of NESF, which uses 'Alternative Performance Measures' or other non-International Financial Reporting Standards measures and then reconciles such measures to International Financial Reporting Standards as approved by the International Accounting Standards Board and adopted by the European Union.
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