Source - RNS
RNS Number : 3916X
NextEnergy Solar Fund Limited
09 August 2018
 

9 August 2018

 

NextEnergy Solar Fund Limited

("NESF" or the "Company")

                                                                                                                              

Interim Dividend

 

NextEnergy Solar Fund Limited is pleased to announce an interim dividend of 1.6625 pence per Ordinary Share for the quarter ending 30 June 2018. The interim dividend of 1.6625 pence will be paid on 28 September 2018 to shareholders on the register as at the close of business on 24 August 2018. The ex-dividend date is 23 August 2018.

 

The Company will also be offering shareholders a scrip dividend alternative to this interim dividend. A circular will be sent to shareholders on 10 August 2018 in relation to the quarterly interim dividend cycle, scrip dividend alternative and scrip dividend election for the first quarterly interim divided for the financial year ending 31 March 2019 (the "Circular").

 

A copy of the Circular will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM*. The Circular will also be available to view and/or download from the Investor Relations part of the NextEnergy Solar Fund Limited website (www.nextenergysolarfund.com).

 

The Scrip Share reference price will be announced on 31 August 2018, with elections to be made by 10 September 2018.

 

* 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.

For further information:

NextEnergy Capital Limited

020 3746 0700

Michael Bonte-Friedheim

 

Aldo Beolchini

 


 

Cantor Fitzgerald Europe

020 7894 7667

Robert Peel

 


 

Fidante Partners Europe Limited

020 7832 0900

Tom Skinner

Justin Zawoda-Martin



 

Shore Capital

020 7408 4090

Anita Ghanekar




Macquarie Capital (Europe) Limited

020 3037 2000

Nick Stamp




MHP Communications

020 3128 8100

Oliver Hughes

 

Ipes (Guernsey) Limited  

01481 713 843

Nick Robilliard


Notes to Editors:

NESF is a specialist investment company that invests primarily in operating solar power plants in the UK. It has the authority 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.

NESF has raised equity proceeds of £592m since its initial public offering on the main market of the London Stock Exchange in April 2014. It also has credit facilities outstanding of c.£365m in place (£149m from a syndicate including MIDIS, NAB and CBA; MIDIS: £54m; ING £32m; UniCredit £32m; Santander £40m; and Bayerische Landesbank £58m).

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 www.nextenergysolarfund.com, www.nextenergycapital.com and www.wise-energy.eu.

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DIVPLMATMBJMBBP

Related Charts

Nextenergy Solar Fund (NESF)

0.00p (0.00%)
delayed 17:30PM