NEXTPOWER V

NextPower V (“NPV”) is NEC’s fifth investment vehicle focused on the solar sector. The Fund held its first close in 2023 and has now successfully completed fundraising, with c.$974m committed to the strategy. The Fund is currently c.85% deployed across nine assets, totalling 624MW.

NPV offers investors the opportunity to earn attractive risk-adjusted returns, targeting mid double-digit returns while contributing to the decarbonisation of the power generation sector.

NPV is a 10-year closed ended vehicle, and primarily invests in OECD solar assets and adjacent technologies, such as energy storage, focusing on geographies in which NEC has already built an investment track record and operating presence and expertise.

This page comprises key reports for the fund, including:

  • SFDR disclosure including Annex III (Pre-contractual Disclosure). In future, it will also include Annex V (Periodic Disclosure) and the ESG Disclosure.
  • Once there will be operational asset, The fund will issue a Green Impact Report (GIR). The GIR will summaries the portfolio’s avoided GHG emissions and considers the fund’s contribution towards the United Nations Sustainable Development Goals (UN SDGs).

  • NEV CO-INVEST EUSFDR PAI ANNEX I TABLE I (FY 2025)

  • NEV CO-INVEST PERIODIC DISCLOSURE FOR ARTICLE 9 FINANCIAL PRODUCT (FY 2025)

  • NPV – EUSFDR PAI ANNEX I TABLE I (FY 2025)

  • NPV – ANNEX V PERIODIC DISCLOSURE FOR ARTICLE 9 FINANCIAL PRODUCT (FY2025)

  • NPV – ANNUAL AVOIDED EMISSIONS REPORT (FY 2024)

  • NPV – EUSFDR PAI ANNEX I TABLE I (FY 2024)

  • NPV – ANNEX V PERIODIC DISCLOSURE FOR ARTICLE 9 FINANCIAL PRODUCT (FY2024)

  • NPV – EUSFDR PAI ANNEX I TABLE I (FY 2023)

  • NPV – ANNEX V PERIODIC DISCLOSURE FOR ARTICLE 9 FINANCIAL PRODUCT (FY 2023)

  • NPV – ESG Disclosures (2023)

  • NPV – ANNEX III PRE-CONTRACTUAL DISCLOSURE FOR ARTICLE 9 FINANCIAL PRODUCT (2023)