NextEnergy Solar Fund has 102 operational assets with a combined installed capacity of 983MW and remaining weighted average asset life of 25.6 years. Overall power generation was slightly lower in the period due to warmer, wet weather in the UK (UK generation 4.5% below budget), though the main driver of NAV has been a reduction in the period has been a reduction in power price forecasts. 1H25 reported NAV was £572.2m (FY24: £618.6m). However, 61% of 2028/29 forecast revenue remains fixed, and w ....

27 Nov 2024
NextEnergy Solar Fund - 1H25 interim results and asset recycling progress

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NextEnergy Solar Fund - 1H25 interim results and asset recycling progress
NextEnergy Solar Fund Ltd (NESF:LON) | 70.8 0.7 1.4% | Mkt Cap: 407.5m
- Published:
27 Nov 2024 -
Author:
Ian McInally -
Pages:
7 -
NextEnergy Solar Fund has 102 operational assets with a combined installed capacity of 983MW and remaining weighted average asset life of 25.6 years. Overall power generation was slightly lower in the period due to warmer, wet weather in the UK (UK generation 4.5% below budget), though the main driver of NAV has been a reduction in the period has been a reduction in power price forecasts. 1H25 reported NAV was £572.2m (FY24: £618.6m). However, 61% of 2028/29 forecast revenue remains fixed, and w ....