LONDON: NextEnergy Solar Fund has been awarded the London Stock Exchange’s new Green Economy Mark, which recognises companies, and investment funds that derive over 50% of their annual revenues from products and services that contribute to the Green Economy.
The London Stock Exchange launched the Green Economy accreditation on 11 October 2019 to support equity issuers implementing sustainable business models and investors who are increasingly focused on environmental products and services supporting the transition to a low carbon economy.
NextEnergy Solar Fund 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.