NextEnergy Solar Fund is structured as a renewable energy investment company and listed on the premium segment of the London Stock Exchange as a constituent of the FTSE 250. The Fund invests in utility-scale solar power plants and energy storage, and may invest up to 30% of its gross asset value in non-UK OECD countries, 15% in solar-focused private infrastructure funds, and 10% in energy storage.
NextEnergy Solar Fund is classified under Article 9 of the EU Sustainable Finance Disclosure Regulation and EU Taxonomy Regulation. The Article 9 classification means that the Fund has a sustainable investment objective and is committed to reporting its carbon emission reductions on an annual basis. NextEnergy Solar Fund substantially contributes to climate mitigation whilst ensuring increased transparency on the integration of ESG related risks, whilst incorporating good governance in its investment decisions and strategy.