NextEnergy Solar Fund Raises £85.6 Million from London Flotation
London, April 16th, 2014 – NextEnergy Capital is pleased to announce that it has raised, via NextEnergy Solar Fund Limited, a newly incorporated Guernsey company, gross proceeds of £85.6 million. The focus of the investment will be on operational solar photovoltaic assets located in the UK.
NextEnergy Solar Fund will be listed in the premium segment of the Official List and to the London Stock Exchange.
Kevin Lyon, Non-Executive Chairman of NextEnergy Solar Fund, said “The Company has secured strong support from a number of top-tier institutional investors and private wealth managers. These investors have been attracted by the Company’s focus on lower risk operating solar power plants in the UK, the experience and track record of the Investment Adviser and the Company’s attractive RPI-linked target dividend. We look forward to updating investors on progress of deployment of the gross proceeds in the very near future and are pleased by the investor support to grow the Company’s size significantly in the medium term.”
For further information please visit the website www.nextenergysolarfund.com.