NextEnergy Solar Fund has released final results for the year to 31 March 2025. NAV was £547.4m (FY24 £618.6m), or 95.1p per share (FY24: 104.7p), down 9.2%. Three phases of the four-phase capital recycling programme have been completed, raising £72.5m. Despite some operational challenges and a difficult market environment, the stable long-term cash generation of NESF has again delivered an attractive, cash-covered dividend. Despite weaker market sentiment, mainly driven by macroeconomic factors ....

16 Jun 2025
NextEnergy Solar Fund - Capital recycling underpins NAV – Discount too great

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NextEnergy Solar Fund - Capital recycling underpins NAV – Discount too great
NextEnergy Solar Fund Ltd (NESF:LON) | 73.4 -0.3 (-0.5%) | Mkt Cap: 422.2m
- Published:
16 Jun 2025 -
Author:
Ian McInally -
Pages:
11 -
NextEnergy Solar Fund has released final results for the year to 31 March 2025. NAV was £547.4m (FY24 £618.6m), or 95.1p per share (FY24: 104.7p), down 9.2%. Three phases of the four-phase capital recycling programme have been completed, raising £72.5m. Despite some operational challenges and a difficult market environment, the stable long-term cash generation of NESF has again delivered an attractive, cash-covered dividend. Despite weaker market sentiment, mainly driven by macroeconomic factors ....