Archive

• Yieldco NESF secures £150m debt facility

  31 January 2017

  UK yieldco NextEnergy Solar Fund (NESF) has secured a £150 million ($186 million) long-term debt facility from a syndicate of lenders.

• NextEnergy raises £115.3m through oversubscribed share issuance

  21 November 2016

  UK yieldco NextEnergy Solar Fund (NESF) has raised £115.3 million ($142.3 million) through the issuance of 110.3 million ordinary shares, exceeding its original target of 100 million shares.

• NextEnergy closes £22.7 debt with NIBC Bank

  21 July 2015

  UK-listed yieldco NextEnergy Solar Fund (NESF) has closed a £22.7 million ($35 million) debt facility with NIBC Bank NV to refinance two of its projects.

• NextEnergy Solar Fund eyes 19% dividend increase

  01 July 2015

  NextEnergy Solar Fund, a UK yieldco, has confirmed it is on track to increase its dividend next year to 6.25 pence, an increase of 19% on its 2014-15 payout.

• NextEnergy Solar invests remainder of its £247m equity capital

  13 April 2015

  NextEnergy Solar Fund has bought two more UK solar power plants for a total of £54.7 million ($79.9 million). This means it has now fully deployed the £246.6 million of equity capital raised since its IPO in April 2014, the company said.

• NextEnergy raises £61.4m from latest round of fundraising

  23 February 2015

  NextEnergy Solar Fund (NESF) has raised an additional £61.4 million ($94.3 million) by issuing 59.75 million new shares at a price of 102.77p.

• NextEnergy Solar doubles size with £95m share sale

  17 November 2014

  NextEnergy Solar Fund sold 91 million shares in an issue and placing last week, which raised £95.5 million ($150 million) and doubled its market capitalisation.

• NextEnergy Solar eyes £260m in new equity capital

  05 November 2014

  NextEnergy Solar Fund is preparing to raise up to £260 million in the next eight days to fund further acquisitions of solar power plants in the UK.