NextEnergy Solar Fund Raised Further £95.5 Million

London, November 13th, 2014 Further to its announcement on 10 November 2014 that the Initial Issue was open for applications, the Company is pleased to report that it has received commitments under the Initial Placing for 85,316,434 New Ordinary Shares and applications under the Offer for a further 5,683,566 New Ordinary Shares.

Accordingly, the Company has received demand, pursuant to the Initial Issue, for 91,000,000 New Ordinary Shares in total from both existing and new shareholders. The Company indicated, on 9 October 2014, that it was targeting an initial issue of 75,000,000 New Shares pursuant to its Placing Programme. In view of the scale of its pipeline of potential investments, the Company has decided not to scale back any applications for New Shares pursuant to the Initial Issue and, accordingly, all applications will be met in full, raising £95.5 million (before expenses) for the Company.

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