It has been a busy few months for NextEnergy Solar Fund (NESF) and the listed renewable energy sector. The share price may have come under pressure from the threat of rising discount rates and windfall taxes, but the picture on this is clearer, and – as the latest results show – NESF’s NAV is still making positive progress.
Strong earnings cover and NESF’s forward sales of power give the board confidence to maintain its policy of at least matching dividend hikes with inflation. If shareholders ....
12 Dec 2022
NextEnergy Solar Fund - Earnings visibility underpins dividend target
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NextEnergy Solar Fund - Earnings visibility underpins dividend target
NextEnergy Solar Fund Ltd (NESF:LON) | 72.3 0.2 0.4% | Mkt Cap: 427.2m
- Published:
12 Dec 2022 -
Author:
James Carthew | Matthew Read | Richard Williams - Pages:
It has been a busy few months for NextEnergy Solar Fund (NESF) and the listed renewable energy sector. The share price may have come under pressure from the threat of rising discount rates and windfall taxes, but the picture on this is clearer, and – as the latest results show – NESF’s NAV is still making positive progress.
Strong earnings cover and NESF’s forward sales of power give the board confidence to maintain its policy of at least matching dividend hikes with inflation. If shareholders ....