NextEnergy Solar Fund aims to provide its shareholders with attractive risk-adjusted returns, principally in the form of regular dividends, by investing in a diversified portfolio of primarily UK-based solar energy infrastructure assets. The intention was that most of the return would come as dividends. Following shareholder approval for a revised investment policy in September 2020, the company has the freedom to invest up to 30% of gross assets in other OECD countries outside the UK. It can also invest up to 15% in solar-focused private equity structures, and 10% in energy storage.
We have published notes that explain more about what the fund is trying to achieve
High and growing income opportunity, was published on 7 March 2024
Recycling champion was published on 12 July 2023
Earnings visibility underpins dividend target was published on 13 December 2022
Climbing inflation and power prices driving NAV uplift was published 9 February 2022 and is our initiation note
You can access the fund’s website here