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Nextenergy Solar Fund

Current Price 110.91p Bid 110.50p Ask 111.50p Change 0.00%
Last Updated: 26/09/2018 16:06. Prices delayed by at least 15 minutes.
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Company Overview

NextEnergy Solar Fund Limited is a specialist investment company that invests primarily in operating solar power plants in the UK. It is able to invest up to 15% of its Gross Asset Value in operating solar power plants in OECD countries outside the UK. The Company's objective is to secure attractive shareholder returns through RPI-linked dividends and long-term capital growth. The Company achieves this by acquiring solar power plants on agricultural, industrial and commercial sites. NESF has raised equity proceeds of £591.9m since its initial public offering on the main market of the London Stock Exchange in April 2014. It also has credit facilities of £226m in place (£150m from a syndicate including MIDIS, NAB and CBA; MIDIS: £54.3m and NIBC: £21.7m). NESF is differentiated by its access to NextEnergy Capital Group (NEC Group), its Investment Manager, which has a strong track record in sourcing, acquiring and managing operating solar assets. WiseEnergy is NEC Group's specialist operating asset management division and over the course of its activities has been providing operating asset management, monitoring, technical due diligence and other services to over 1,300 utility-scale solar power plants with an installed capacity in excess of 1.9 GW.

Financial Highlights Year Ended 31/03/2018

Turnover
£0.00m
Operating Profit
£0.00m
Dividend Yield
0.00
Dividend Per Share
6.42
Dividend Cover
0.91
P/E Ratio
18.88

Key Personnel

Kevin John Lyon
Non-Executive Chairman
Sharon Ann Parr
Non-Executive Director
Victor Holmes
Non-Executive Director
Patrick Anthony Seymour Firth
Non-Executive Director

Stock Details

EPIC
NESF
ISIN
GG00BJ0JVY01
Shares in Issue
580,232,465
Market cap
£644.06m

Analyst Views (0)

Strong Buy
 
0.00%
Buy
 
0.00%
Hold
 
0.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
111.00p
Bid Price
110.50p
Ask Price
111.50p
Volume
154441
Change Today
0.00p
% Change Today
0.00%
Open
111.12p
Previous Close
111.00p
Intraday High
111.14p
Intraday Low
110.70p
52 Week High
115.50p
52 Week Low
104.75p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Nextenergy Solar Fund Intra-day Chart

Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Tangible Assets
0.0
0.0
Intangible Assets & Goodwill
0.0
0.0
Investments & Other Non-Current Assets
526.2
415.9
Total Non-Current Assets
526.2
415.9
Inventory
0.0
0.0
Trade & Receivables
28.4
11.2
Cash & Receivables
75.9
59.8
Other Current Assets & Assets Held for Resale
0.0
0.0
Total Assets
630.5
486.9

Liabilities (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Short Term Liabilities
25.5
8.3
Long Term Liabilities
0.0
0.0
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
25.5
8.3

Net Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Net Assets
605.0
478.6

Equity (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Share Capital
593.4
464.3
Minority Interests
0.0
0.0
Retained Earnings
0.0
0.0
Share Premium Account
0.0
0.0
Other Equity
11.6
14.2
Total Equity
605.0
478.6

Cashflow (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Cashflow from Operating Activities
-78.5
-101.1
Cashflow Before Financing
-78.2
-101.1
Increase / Decrease in Cash
16.1
53.9

Income (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Turnover
0.0
0.0
Cost of Sales
0.0
0.0
Gross Profit
0.0
0.0
Operating Profit
0.0
0.0
Pre-Tax Profit
105.1
104.9
Profit / Loss for the Year
0.0
0.0

Dividend History

Data has been provided by MoneyAM

Period
Ex-Dividend Date
Payment Date
Q1 Dividend
23 Aug 2018
28 Sep 2018
H2 Dividend
24 May 2018
29 Jun 2018
Q3 Dividend
22 Feb 2018
29 Mar 2018
H1 Dividend
16 Nov 2017
29 Dec 2017
Q1 Dividend
24 Aug 2017
29 Sep 2017
H2 Dividend
25 May 2017
30 Jun 2017
Q3 Dividend
23 Feb 2017
31 Mar 2017
H1 Dividend
17 Nov 2016
30 Dec 2016
Q1 Dividend
25 Aug 2016
30 Sep 2016
H2 Dividend
07 Jul 2016
22 Jul 2016
H1 Dividend
03 Dec 2015
18 Dec 2015
H2 Dividend
09 Jul 2015
30 Jul 2015
H1 Dividend
04 Dec 2014
17 Dec 2014
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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