Last checked at 
9 Jul 2019 09:53
9 July 2019
NextEnergy Solar Fund Limited
("NESF" or the "Company")
Annual General Meeting
NextEnergy Solar Fund Limited announces that the Annual General Meeting will be held at 10.00am on 8 August 2019, at the registered office of the Company at 1 Royal Plaza, Royal Avenue, St Peter Port, Guernsey, GY1 2HL.
In connection with this meeting, copies of the following documents have been submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at morningstar.co.uk/uk/NSM*:
§ Notice of the 2019 Annual General Meeting; and
§ Proxy Form for the 2019 Annual General Meeting.
Each of the above-mentioned documents are also now available to view on, and download from, the Company's website at nextenergysolarfund.com*. The Notice of the 2019 Annual General Meeting has also been posted to shareholders today.
*Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.
Enquiries:
Company Secretary and Administrator
Apex Fund and Corporate Services (Guernsey) Limited
Nicholas Robilliard
01481 735827
For further information:
NextEnergy Capital Limited | 020 3746 0700 |
Michael Bonte-Friedheim |
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Aldo Beolchini |
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Cantor Fitzgerald Europe | 020 7894 7667 |
Robert Peel |
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Shore Capital | 020 7408 4090 |
Anita Ghanekar |
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Macquarie Capital (Europe) Limited | 020 3037 2000 |
Nick Stamp |
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MHP Communications | 020 3128 8100 |
Oliver Hughes | |
Apex Fund and Corporate Services (Guernsey) Limited | 01481 735827 |
Nicholas Robilliard | |
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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 31 March 2019, NESF has raised equity proceeds of £692m (including £100m of preference shares) since its initial public offering on the main market of the London Stock Exchange in April 2014. The Company's subsidiaries have financial debt outstanding of £269m, on a look-through basis including project level debt. Of the financial debt, £199m was long-term fully amortising debt, and £70m 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.