NextEnergy Solar Fund () is a large

British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories and Crown Dependencies. * British national identity, the characteristics of British people and culture ...

investment company An investment company is a financial institution principally engaged in holding, managing and investing securities. These companies in the United States are regulated by the U.S. Securities and Exchange Commission and must be registered under th ...

dedicated to investments in the operation of solar photovoltaic assets located in the UK and Italy.

History

Established in 2014, the company is listed on the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

and is a constituent of the

FTSE 250 Index The Financial Times Stock Exchange 250 Index, also called the FTSE 250 Index, FTSE 250, or, informally, the "Footsie 250" , is a stock market index that consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock ...

. The

chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...

is Kevin Lyon. In January 2021, the company indicated its intention to diversify into green energy investments in Italy, Portugal and the US. In February 2021, during the United Kingdom parliamentary second jobs controversy, the

Leader of the Liberal Democrats The Liberal Democrats are a political party in the United Kingdom. Party members elect the leader of the Liberal Democrats, the head and highest-ranking member of the party. Liberal Democrat members of Parliament also elect a deputy leader of ...

, Ed Davey, Sir Ed Davey, apologised to the UK Parliament after failing to declare his advisory role at the company's manager, NextEnergy Capital, when asking questions in parliament. He later resigned his role at NextEnergy.

References

External links

Official site
Investment trusts of the United Kingdom Companies in the FTSE 250 Index {{UK-finance-company-stub