Appointment of Chair
Summary by AI BETAClose X
LEI: 213800ZPHCBDDSQH5447
26 November 2025
NextEnergy Solar Fund Limited
("NESF" or the "Company")
Appointment of Chair
Change to Director Roles and Responsibilities
NextEnergy Solar Fund, a leading specialist investor in solar energy and energy storage, is pleased to announce the appointment of Tony Quinlan as a Non-Executive Director and the Chair of the Company, with effect from 3 December 2025.
Tony brings extensive leadership and governance experience to his new role as Chair. He has deep expertise in corporate finance, M&A and business transformation. Tony was CFO of Drax Group plc, during the transformation of the Group from coal to sustainable biomass, bringing a significant knowledge of the UK electricity market and renewables and strong credentials managing investor relations. Following a successful period as CEO of Laird plc, a major global technology engineering business, he now serves as Senior Independent Director on the boards of Costain Group PLC and Hill & Smith PLC, both with substantial operations serving infrastructure markets.
In addition to his role as Chair, Tony will also be a member of the Management Engagement Committee, the Environmental, Social and Governance Committee, and the Remuneration and Nomination Committee, with effect from 3 December 2025.
On Tony's appointment, Paul Le Page, who has served as Interim Chair since May 2025, will resume his role as an independent Non-Executive Director of the Company. The Board would like to take this opportunity to thank Paul for stepping up into this interim role whilst the Board ran a formal process to appoint a permanent Chair and are grateful for his careful stewardship over this period.
Paul Le Page, Interim Chair of NextEnergy Solar Fund Limited, commented:
"Following a competitive independent process, the Board is pleased to welcome Tony as the new Chair of NextEnergy Solar Fund. Tony's background in the energy and infrastructure sectors and his strong reputation for integrity, sound judgment and shareholder engagement further strengthens the Board's governance and skill set."
Tony Quinlan, Chair Designate of NextEnergy Solar Fund Limited, said:
"I am delighted to be appointed as Chair of the Board of NextEnergy Solar Fund, with effect from 3 December 2025. This is an exciting time for the Company as it continues to play a leading role in the UK's energy transition. I look forward to working closely with my fellow directors and the investment adviser to build on the strong foundations already in place, ensuring we deliver sustainable long-term returns for our shareholders and tackle the current discount. Engaging openly and constructively with our shareholders will be a key priority as we navigate opportunities and challenges in the evolving renewable energy landscape."
No further disclosures are required pursuant to UK Listing Rule 6.4.8.
Ends
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For further information:
NextEnergy Capital
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020 3746 0700
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Michael Bonte-Friedheim |
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Ross Grier |
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Stephen Rosser |
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Peter Hamid (Investor Relations) |
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RBC Capital Markets |
020 7653 4000 |
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Matthew Coakes |
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Kathryn Deegan |
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Cavendish |
020 7908 6000 |
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Robert Peel |
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H/Advisors Maitland |
020 7379 5151 |
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Neil Bennett |
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Finlay Donaldson |
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Ocorian Administration (Guernsey) Limited |
01481 742642 |
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Kevin Smith |
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Notes to Editors 1:
About NextEnergy Solar Fund
NextEnergy Solar Fund is a specialist solar energy and energy storage investment company that is listed on the Main Market of the London Stock Exchange.
NextEnergy Solar Fund's investment objective is to provide Ordinary Shareholders with attractive risk-adjusted returns, principally in the form of regular dividends, by investing in a diversified portfolio of utility-scale solar energy and energy storage infrastructure assets. The majority of NESF's long-term cash flows are inflation-linked via UK government subsidies.
As at 30 June 2025, the Company had an unaudited gross asset value of £1,050m. For further information please visit www.nextenergysolarfund.com
Article 9 Fund
NextEnergy Solar Fund is classified under Article 9 of the EU Sustainable Finance Disclosure Regulation and EU Taxonomy Regulation. NextEnergy Solar Fund's sustainability-related disclosures in the financial services sector are in accordance with Regulation (EU) 2019/2088 and can be accessed on the ESG section of both the NextEnergy Solar Fund and NextEnergy Capital websites.
About NextEnergy Group
NextEnergy Solar Fund is managed by NextEnergy Capital, part of the NextEnergy Group. NextEnergy Group was founded in 2007 to become a leading market participant in the international solar sector which now employs over 400 professionals. Since its inception, NextEnergy Group has been active in the development, construction, and ownership of solar assets across multiple jurisdictions. NextEnergy Group operates via its three business units: NextEnergy Capital (Investment Management), WiseEnergy (Operating Asset Management), and Starlight (Asset Development).
· NextEnergy Capital: has over 18 years of specialist solar expertise having invested in over 530 individual solar plants across the world. NextEnergy Capital currently manages four institutional funds with a total capacity in excess of 4GW+ and has funds under management of $4.5bn. More information is available at www.nextenergycapital.com
· WiseEnergy®: is a leading specialist operating asset manager in the solar sector. Since its founding, WiseEnergy has provided solar asset management, monitoring and technical due diligence services to over 1,600 utility-scale solar power plants with an installed capacity in excess of 3.5GW. More information is available at www.wise-energy.com
· Starlight: has developed over 100 utility-scale projects internationally and continues to progress a large pipeline of c.11.5W of both green and brownfield project developments across global geographies. More information is available at www.starlight-energy.com
Notes:
1: All financial data is unaudited at 30 June 2025, being the latest date in respect of which NextEnergy Solar Fund has published financial information.
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