Investment Trusts

NextEnergy Solar Ord

NESF:LSE

NextEnergy Solar Ord

  • Price (GBX)71.43
  • Today's Change0.2324 / 0.33%
  • Shares traded573.62k
  • 1 Year change-18.27%
  • Beta0.4802
Data delayed at least 20 minutes, as of Nov 22 2024 12:54 GMT.
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Profile data is unavailable for this security.

About the company

NextEnergy Solar Fund Limited is a Guernsey-based specialist solar energy and energy storage investment company. The Company'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 Company invests in solar PV assets primarily in the United Kingdom. Not more than 30% of the Company's gross asset value may be invested in solar PV assets that are located outside the United Kingdom. It intends to acquire solar PV assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial or commercial. It may also invest in standalone energy storage systems (not ancillary to or co-located with solar PV assets owned by the Company) up to an aggregate limit of 10% of the Gross Asset Value. Its investment manager is NextEnergy Capital IM Limited.

  • Revenue in GBP (TTM)8.82m
  • Net income in GBP-8.36m
  • Incorporated2013
  • Employees0.00
  • Location
    NextEnergy Solar OrdFloor 2, Trafalgar Court, Les BanquesSAINT PETER PORT GY1 4LYGuernseyGGY
  • Phone+44 1 481713843
  • Websitehttps://nextenergysolarfund.com
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Profile

Management group(s)NextEnergy Capital IM Limited
AIC sectorRenewable Energy Infrastructure
ISINGG00BJ0JVY01
Launch date25 Apr 2014
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To provide ordinary shareholders with attractive riskadjusted returns, principally in the form of regular dividends, through a diversified portfolio of solar energy infrastructure assets with the addition of complementary technologies, such as energy storage.

Managed by

Michael Bonte-Friedheim, Aldo Beolchini, Ross Grier, Giulia Guidi

Management & contract fees

Management fee payable monthly and calculated on: 1.0% up to GBP 200m; 0.9% between GBP 200m to 300m; 0.8% greater than GBP 300m. Contract terminable on notice period of 12 months.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Utilico Emerging Markets Trust PLC70.53m57.89m391.52m0.00391.52m0.00
RTW Biotech Opportunities Ltd4.10m108.45m394.67m0.00394.67m0.00
JPmorgan Claverhouse Investment Trst PLC64.45m59.70m395.40m0.00395.40m0.00
Octopus Renewables Infrastructr Trst PLC25.30m18.47m404.10m0.00404.10m0.00
NextEnergy Solar Fund Ltd8.82m-8.36m414.88m0.00414.88m0.00
Jpmorgan Uk Small Cap Growth & IncomePLC104.52m99.70m415.04m0.00415.04m0.00
Pantheon Infrastructure PLC66.24m77.42m415.20m0.00415.20m0.00
IP Group Plc0.00-223.00m416.10m95.00416.10m95.00
Octopus Apollo VCT PLC5.51m-4.95m416.31m0.00416.31m0.00
Tatton Asset Management PLC40.96m15.34m426.00m103.00426.00m103.00
Abrdn Asia Focus PLC55.49m37.33m427.62m0.00427.62m0.00
North American Income Trust PLC61.93m54.54m430.59m0.00430.59m0.00
Impax Asset Management Group Plc176.56m40.67m433.59m290.00433.59m290.00
Pollen Street Group Ltd108.82m46.52m434.17m84.00434.17m84.00
Polar Capital Global Healthcare Trst PLC85.55m78.00m440.21m0.00440.21m0.00
Jupiter Fund Management PLC398.00m-8.90m443.07m527.00443.07m527.00
Data as of Nov 22 2024. Currency figures normalised to NextEnergy Solar Ord's reporting currency: UK Pound GBX
Data Provided by LSEG
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